Zip 27705 (Durham, NC) Housing

In Durham, NC (zip code 27705), the median housing value is $428,800. This is substantially higher than the national median of $338,100. Furthermore, while the US has seen an 8.27% appreciation in house values over the last year, Durham has seen a 14.88% increase in its median value. This shows that Durham is outperforming much of the nation when it comes to housing appreciation and prices remain competitively high for those looking to buy in this area.

The median home cost in Durham (zip 27705) is $428,800. Home appreciation the last 10 years has been 145.4%. Home Appreciation in Durham (zip 27705) is up 23.9%.

Average Age of Homes

- The median age of Durham (zip 27705) real estate is 35 years old

The Rental Market in Durham (zip 27705)

- Renters make up 51.5% of the Durham (zip 27705) population
- 3.7% of houses and apartments in Durham (zip 27705), 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
	23,173.0	139,647,020.0
	36	42
	$428,800	$338,100
	23.9%	16.6%
	81.4%	57.0%
	145.4%	101.1%
	$10.90	$10.98
	$3,316	$2,690
	41.1%	57.4%
	8.8%	11.2%
	50.1%	31.4%
Vacant Housing
	3.7%	1.9%
	0.7%	0.4%
	0.4%	0.7%
	0.0%	0.4%
	0.9%	3.6%
	3.1%	4.1%
Value of Owner-Occupied Housing
	3.5%	2.6%
	1.2%	2.4%
	0.5%	2.8%
	0.9%	3.9%
	2.3%	4.5%
	6.4%	11.3%
	10.6%	13.0%
	23.7%	20.1%
	20.1%	13.6%
	12.2%	8.3%
	12.7%	9.7%
	3.6%	3.9%
	1.8%	2.2%
	0.3%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	9.6%	13.6%
	9.6%	13.6%
	18.5%	13.6%
	18.9%	13.2%
	14.9%	14.8%
	18.5%	13.6%
	6.3%	10.0%
	3.2%	4.7%
	6.4%	12.2%

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