Foreclosure Homes in Durham, NC

Current Market Conditions in Durham, NC

The Durham real estate market has seen consistent growth over the past year, with home prices rising due to increasing demand from both buyers and investors. The influx of new residents seeking the city's quality of life and job opportunities in the nearby Research Triangle has contributed to this trend.

As of now, the market remains competitive, with low inventory levels pushing prices higher. However, the attractiveness of the area continues to draw interest from new buyers, making it a dynamic neighborhood for real estate investments.

Rent Prices In Durham, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Durham, NC, is on a rollercoaster ride. The average rent price in Durham, NC, is $1,450.00. Indeed, when looking to rent in Durham, NC, you can expect to pay as little as $530.00 or as much as $4,880.00, with the average rent median estimated to be $1,360.00. The good news is that finding an affordable and desirable property to rent in Durham, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.