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Durham (zip 27701), North Carolina   Add Favorite    0 Reviews | Review This Place




Find your Best Mortgage in Durham: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-College-town amenities
-Attractive residential areas
-Strong economy

Cons

-Home prices
-Crime rates
-Hot, humid summers


What Bert Has To Say About Durham-Chapel Hill Metro Area


Previously, the so-called “Durham” metro area was part of the larger Research Triangle triumvirate of Raleigh-Durham-Chapel Hill metro area. Now Raleigh, and the large suburban enclave of Cary, have been split off into a metro area of that name, leaving the western half of the former metro area under the name Durham. The Durham area includes Chapel Hill, so on the surface, the two major cities in the area are both college towns – Durham is home to Duke University, while Chapel Hill is home to the University of North Carolina. But that’s where the similarities end. Durham is an old tobacco town, not too prosperous, not too interesting but livable. Some of the old tobacco processing plants in town add some historic interest.


Bert Suggests test-driving a neighborhood in Durham with an affordable short term rental. Click here to find the right place on Airbnb.


Highlights


  • Profile: College town(s) Mid-sized-city complex
  • Time zone: Eastern Standard Time
  • Elevation: 441
  • Real Estate: For Sale  For Rent
  • City: Durham
  • Zip Codes: Durham (zip 27701)

Quick Facts About Durham


    ECONOMY
    The unemployment rate in Durham (zip 27701) is 4.40 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Durham (zip 27701) jobs have Increased by 2.25 percent.
    COST OF LIVING
    Compared to the rest of the country, Durham (zip 27701)'s cost of living is 12.20% Lower than the U.S. average.
    POPULATION
    As of 2014, Durham (zip 27701)'s population is 20,202 people. Since 2000, it has had a population growth of -5.21 percent.
    TRANSPORTATION
    Average Commute time is 31 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Durham (zip 27701) is $120,800. Home appreciation the last 10 years has been 43.92%.
    SCHOOLS
    Durham (zip 27701) public schools spend $10,936 per student. The average school expenditure in the U.S. is $12,383. There are about 14.6 students per teacher in Durham (zip 27701).

Durham Ranked & Rated



Durham Housing Market


It's a good time to buy in Durham. Home Appreciation is up 3.0% in the last 12 months. Browse Durham Real Estate.
The median home price in Durham is $120,800. Browse Homes in this Range.
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Reviews for Durham (zip 27701), North Carolina


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