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Foreclosure Homes in Durham, NC 27701

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Durham, NC Foreclosures

Current Market Conditions in in Durham, NC As of April 2026?
In the past month, Durham's real estate market has seen a slight uptick in home sales, decreasing inventory levels and leading to modest price increases. This behavior indicates a recovering market as interest rates stabilize, enticing buyers back into the market. However, challenges remain with affordability as demand continues to outstrip supply in desirable neighborhoods.
How much do homes sell for in Durham, NC?
The average home price is currently $553,445.
In Durham, NC, how many homes are available?
There are currently 26 active home listings available in Durham.
What’s the average rental cost in Durham, NC?
The average rental price in Durham is $1,445.
What is the most expensive home in Durham?
The most expensive home sold in Durham had a price of $246,766,624.
What is currently the cheapest priced home in Durham, NC?
The cheapest home for sale in Durham is priced at $10,012.

Living in Durham, NC

Durham, NC is an exciting city marked by its diverse culture and historic charm. With major universities, a rich arts scene, and beautiful outdoor spaces, residents enjoy a vibrant lifestyle full of culinary delights and community events. It's an ideal location for both families and young professionals.

Buyer vs Seller Market in Durham, NC

The real estate market in Durham has shown resilience with steady appreciation in home values over the past few years. The influx of tech companies and educational institutions has driven demand for housing, making it a hotspot for both homebuyers and investors.

As of late 2023, the local market remains competitive, with a notable number of buyers actively seeking homes, particularly in neighborhoods close to schools and workplaces. This trend is expected to continue as more people move to the area for both work and lifestyle opportunities.

Home Value Estimator For Durham, NC

There are currently 102,444 real estate properties in Durham, NC, with a median automated valuation model (AVM) price of $391,245.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Durham, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Durham, NC, is $553,445.00, with the most expensive house in Durham, NC, topping out at $246,766,624.00 and the cheapest home in Durham, NC, clocking in at $10,012.00. In other words, there’s something for every potential homebuyer or savvy investor in Durham, NC!

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 $1,445.00. 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 $1,350.00. 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.

Durham, NC 27701 Foreclosures

Market Trend for Durham, NC

Total Listings Available: 26

Market Values:

Home Prices from $10,012 to $246,766,624

Average Sales Price: $553,445

Rental Values:

Rental from $530 to $4,880

Average Rent Value: $1,445 / month

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