Housing in Durham, NC County is significantly more expensive than the national average. The median value of a house in Durham County is $374,900 compared to the US median value of $338,100. Additionally, the one-year house appreciation rate in Durham County is 16%, which is almost double the 8.27% one-year appreciation rate nationally. This suggests that housing in Durham County is appreciating rapidly and could be an attractive market for potential buyers or investors looking to make a profit from their investments.
The median home cost in Durham County is $374,900. Home appreciation the last 10 years has been 143.8%. Home Appreciation in Durham County is up 23.9%.
Average Age of Homes
- The median age of Durham County real estate is 30 years old
The Rental Market in Durham County
- Renters make up 41.8% of the Durham County population
- 2.6% of houses and apartments in Durham County, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.