Durham, NC (27713) is a city with a housing market that is performing well above the national average. The median value of homes in Durham is $411,400, which is more than 20% higher than the US median of $338,100. Additionally, over the past year appreciation for houses in Durham has been 14.88%, as compared to 8.27% across the US as a whole. This demonstrates strength in the housing market of Durham and makes it an attractive option for people looking to buy or invest in property.
The median home cost in Durham (zip 27713) is $411,400. Home appreciation the last 10 years has been 145.4%. Home Appreciation in Durham (zip 27713) is up 23.9%.
Average Age of Homes
- The median age of Durham (zip 27713) real estate is 21 years old
The Rental Market in Durham (zip 27713)
- Renters make up 38.5% of the Durham (zip 27713) population
- 2.5% of houses and apartments in Durham (zip 27713), 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.