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Land Foreclosures in Durham, NC 27706

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Durham, NC Foreclosures

Current Market Conditions in in Durham, NC As of February 2026?
In the past month, Durham has experienced an increase in median home prices, reflecting ongoing demand despite some economic uncertainty. Inventory levels remain low, causing homes to sell faster than average, often within days of being listed. Buyers are advised to act quickly in this market to secure suitable properties, as the competition among buyers remains high, especially in sought-after areas like downtown and near the university.
How much do homes sell for in Durham, NC?
The average home price is currently $558,969.
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, located in North Carolina, is a diverse city known for its educational institutions and thriving arts scene. With ample recreational opportunities, dining options, and convenient transportation, Durham offers a balanced lifestyle. It's a great place for families, young professionals, and those seeking an enriching environment.

Buyer vs Seller Market in Durham, NC

The Durham real estate market remains competitive as demand for housing has continued to rise. Despite a slight cooling in the overall housing market nationally, Durham has seen consistent interest from buyers, particularly in single-family homes and townhouses. With a mixture of historic homes and new developments, the city caters to various preferences and budgets.

Due to its proximity to tech companies and universities, rental properties in Durham are in high demand. Additionally, low inventory levels have led to multiple offers on desirable homes, driving up prices in many neighborhoods.

Home Value Estimator For Durham, NC

There are currently 102,438 real estate properties in Durham, NC, with a median automated valuation model (AVM) price of $394,455.00. 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 $558,969.00, 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 27706 Land

Market Trend for Durham, NC

Total Listings Available: 0

Market Values:

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

Average Sales Price: $558,969

Rental Values:

Rental from $530 to $4,880

Average Rent Value: $1,445 / month

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