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Durham has a thriving economy and a growing population, making it a great place to invest in property. Durham real estate includes single-family homes, condos, townhomes, and more. Many of the Durham homes for sale are historic and have been beautifully preserved, adding to their charm and value. Durham is also home to a number of new construction developments, offering buyers the opportunity to purchase a brand-new home in a growing city.
Durham has 68 neighborhoods. The real estate market has 1,282 properties available as of 10/2023, with prices spanning from $15,000 to $6.5 million. Data provided by Realtor.com
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Durham’s real estate market is vibrant and competitive. Known for its growing economy, diverse culture, and quality of life, the city attracts a wide range of buyers. Home prices in Durham have experienced steady growth due to high demand and limited inventory. Buyers should be prepared for a competitive bidding process, while sellers can often benefit from multiple offers.
As of the latest data, the median home price in Durham is approximately $400,000, but prices vary depending on the neighborhood, size, and property type. Suburban areas may offer more affordable options, while homes closer to downtown Durham often command premium prices.
Durham offers a variety of neighborhoods suitable for different lifestyles and budgets:
Yes, Durham has several new construction developments. These homes often feature modern layouts, energy-efficient designs, and community amenities such as pools and parks. Popular developments include 12 Oaks, Brightleaf at the Park, and Ellis Crossing. Buyers interested in new construction should work with a real estate agent familiar with these communities.