Zip 27701 (Durham, NC) Housing

In 27701 Durham, NC, the housing median value is $396,100, which is higher than the US House Median Value of $338,100. This reflects the strong appreciation of housing in this area with a 1-year house appreciation rate of 14.88%, higher than the US 1 year house appreciation rate of 8.27%. This trend indicates that the housing market in 27701 Durham, NC is healthy and growing.

The median home cost in Durham (zip 27701) is $396,100. Home appreciation the last 10 years has been 145.4%. Home Appreciation in Durham (zip 27701) is up 23.9%.

Average Age of Homes

- The median age of Durham (zip 27701) real estate is 62 years old

The Rental Market in Durham (zip 27701)

- Renters make up 61.8% of the Durham (zip 27701) population
- 4.4% of houses and apartments in Durham (zip 27701), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Durham, North Carolina	United States
	12,278.0	139,647,020.0
	57	42
	$396,100	$338,100
	23.9%	16.6%
	81.4%	57.0%
	145.4%	101.1%
	$8.62	$10.98
	$2,874	$2,690
	26.4%	57.4%
	12.8%	11.2%
	60.9%	31.4%
Vacant Housing
	4.4%	1.9%
	1.4%	0.4%
	0.5%	0.7%
	0.7%	0.4%
	0.7%	3.6%
	5.1%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	0.9%	2.4%
	1.5%	2.8%
	3.7%	3.9%
	2.3%	4.5%
	8.8%	11.3%
	9.8%	13.0%
	17.2%	20.1%
	14.3%	13.6%
	14.1%	8.3%
	16.6%	9.7%
	1.8%	3.9%
	7.3%	2.2%
	0.7%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	3.5%	13.6%
	3.5%	13.6%
	5.5%	13.6%
	8.0%	13.2%
	11.3%	14.8%
	5.5%	13.6%
	13.2%	10.0%
	8.1%	4.7%
	25.9%	12.2%

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