Zip 27707 (Durham, NC) Housing

The housing in 27707 Durham, NC has seen incredible appreciation over the past year. The median value of homes in 27707 is $382,000, significantly higher than the US median home value of $338,100. Additionally, house appreciation in 27707 is 14.88%, whereas national appreciation is 8.27%. This data illustrates that the housing market in this area is growing and thriving, and could be a great investment opportunity.

The median home cost in Durham (zip 27707) is $382,000. Home appreciation the last 10 years has been 145.4%. Home Appreciation in Durham (zip 27707) is up 23.9%.

Average Age of Homes

- The median age of Durham (zip 27707) real estate is 37 years old

The Rental Market in Durham (zip 27707)

- Renters make up 49.5% of the Durham (zip 27707) population
- 2.9% of houses and apartments in Durham (zip 27707), 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
	22,901.0	139,647,020.0
	38	42
	$382,000	$338,100
	23.9%	16.6%
	81.4%	57.0%
	145.4%	101.1%
	$10.61	$10.98
	$2,949	$2,690
	44.3%	57.4%
	7.1%	11.2%
	48.6%	31.4%
Vacant Housing
	2.9%	1.9%
	0.4%	0.4%
	0.1%	0.7%
	0.0%	0.4%
	0.6%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	1.1%	2.4%
	0.1%	2.8%
	0.9%	3.9%
	2.8%	4.5%
	10.9%	11.3%
	13.1%	13.0%
	26.3%	20.1%
	18.0%	13.6%
	8.9%	8.3%
	9.3%	9.7%
	5.4%	3.9%
	1.6%	2.2%
	0.8%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	11.8%	13.6%
	11.8%	13.6%
	15.9%	13.6%
	16.7%	13.2%
	13.6%	14.8%
	15.9%	13.6%
	7.5%	10.0%
	5.2%	4.7%
	6.2%	12.2%

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