Durham, NH Foreclosures
How much do homes sell for in Durham, NH?
The average home price is currently $804,051.
In Durham, NH, how many homes are available?
There are currently 45 active home listings available in Durham.
What’s the average rental cost in Durham, NH?
The average rental price in Durham is $2,005.
What is the most expensive home in Durham?
The most expensive home sold in Durham had a price of $42,362,122.
What is currently the cheapest priced home in Durham, NH?
The cheapest home for sale in Durham is priced at $14,048.
Living in Durham, NH
Durham, NH, is an inviting town that merges the charm of a small community with a vibrant university atmosphere. Home to the University of New Hampshire, it offers various outdoor activities and local amenities, drawing both students and families. With its strong educational system and cultural events, Durham is a wonderful place to live and thrive.
Current Market Conditions in Durham, NH
The Durham real estate market has seen steady growth over the past few years, driven by demand from students, young professionals, and families seeking proximity to the University of New Hampshire. Inventory levels have remained relatively low, contributing to a competitive market where homes are often sold quickly, sometimes above asking price. Single-family homes, in particular, are in high demand, resulting in rising property values and land appreciation.
Recently, the market has been trending towards more sustainable and eco-friendly housing options, reflecting a growing awareness of environmental issues among potential buyers. New constructions are being developed with energy efficiency in mind, promoting a healthier living space and often adding to the long-term value of these investments.
Home Value Estimator For Durham, NH
There are currently 2,154 real estate properties
in Durham, NH,
with a median automated valuation model (AVM) price
of $679,098.00. 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, NH, 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, NH,
is $804,051.00, with the most expensive house
in Durham, NH, topping out
at $42,362,122.00 and the cheapest home
in Durham, NH,
clocking in at $14,048.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Durham, NH!
Rent Prices
In Durham, NH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Durham, NH, is on
a rollercoaster ride. The
average rent price in Durham, NH,
is $2,005.00. Indeed, when looking to rent in
Durham, NH, you can expect to pay as little
as $1,000.00 or as much
as $3,100.00,
with the average rent median estimated to
be $2,010.00. The good news is that finding
an affordable and desirable property to rent in Durham, NH
-- 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.
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