How does the housing market look in 27705? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
27705 Durham, NC
Median Sale Price
$345,000
11.5%
New Listings
23
Number of Homes Sold
31
6.9%
Median Days on Market
16
146.2%
Market Overview
All Home Types
In the last 30 days, homes for sale in 27705, Durham, NC sold for a median price of $345,000, down 11.5% compared to the same period last year. The median price per square foot was $229.51, up 19.2% year-over-year. There were 31 homes sold, up from 29 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in 27705, Durham, NC was 79, down 16% compared to last year. In the last 30 days, 23 new homes were listed for sale, same as last year. The median days on market was 16, up from 6.5 days last year. The months of supply was 1.26, up from 0.72 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in 27705, Durham, NC had a median sale-to-list-price ratio of 97.14%, down 3.6 pt compared to the same period last year. 22.58% of homes sold above list price, down 36 pt year-over-year. 38.71% of homes listed dropped in price, up 31.8 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
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Get StartedHomes For Sale In 27705
Relevate Real Estate Inc. • MLS 2492309 • Status: Active
Keller Williams Realty Cary • MLS 2491917 • Status: Active
Fonville Morisey/Wake Forest Sales Office • MLS 2491889 • Status: Active
Opendoor Brokerage LLC • MLS 2491707 • Status: Active
Fathom Realty NC, LLC • MLS 2491420 • Status: Active
Compass -- Cary • MLS 2491360 • Status: Active
West and Woodall Real Estate • MLS 2491194 • Status: Active
Berkshire Hathaway HomeServices • MLS 2490972 • Status: Active
Fonville Morisey/Durham Sales Office • MLS 2490675 • Status: Active
EXP Realty LLC • MLS 2490249 • Status: Active
Fathom Realty NC • MLS 2489466 • Status: Active
Baker Residential • MLS 2488664 • Status: Active
Nest Realty • MLS 2488066 • Status: Active
Carolina's Choice Real Estate • MLS 2487815 • Status: Active
Berkshire Hathaway HomeServices • MLS 2487791 • Status: Active
Inhabit Real Estate • MLS 2487230 • Status: Active
Grow Local Realty LLC • MLS 2486664 • Status: Active
Baker Residential • MLS 2486460 • Status: Active
Keller Williams Preferred Realty • MLS 2486069 • Status: Active
Keller Williams Elite Realty • MLS 2485819 • Status: Active