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Durham North Carolina Housing Market Overview

The Durham housing market continues to show resilience despite recent shifts in the national real estate landscape. With a median sale price of $415,000, Durham homes are currently priced about 4% below the national average, providing an attractive opportunity for both buyers and sellers. The market has experienced a slight adjustment, with prices showing a modest decrease of 0.95% compared to last year, reflecting a more balanced market environment.
For homeowners considering selling their properties, it’s worth noting that Durham homes typically spend about 25 days on the market, with 26.6% of properties selling above their list price. Furthermore, the average sale-to-list price ratio stands at 99%, indicating strong buyer interest in the area. This robust market activity is partly driven by Durham’s strategic location in the Research Triangle and its growing appeal among relocating professionals, particularly those coming from major metropolitan areas like Washington, DC, and New York. The city’s reasonable cost of living, just 1% below the national average, combined with its strong job market and vibrant cultural amenities, continues to attract buyers looking for value and quality of life in North Carolina.

Why now is a good time to sell your property in Durham North Carolina

Our network of buyers purchases homes throughout Durham’s diverse neighborhoods, serving all local zip codes (27701-27713). Our deep understanding of Durham’s real estate market, where homes average $415,000, enables us to connect you with competitive cash offers across various property types, including single-family homes, townhouses, duplexes, and small apartment buildings.
As local Durham agents, we grasp each neighborhood’s unique characteristics and help secure fair offers, regardless of property condition or situation.

Experience a Better Way to Sell Your Durham Home

Benefits of Owner Advocate

Benefits of Owner Advocate
At Owner Advocate, we’ve simplified the process of connecting you with cash buyers for your Durham home into four straightforward steps:
1. Quick Consultation: A brief discussion about your needs and timeline.
2. Property Evaluation: Local agents assess your home as-is.
3. Cash Offer: Receive a fair offer within 72 hours — no fees or commissions.
4. Choose Closing: Select your closing date — as quickly as 10 days.
We handle all paperwork and closing costs, making the process truly hassle-free. Our network of buyers and local resources ensures fair offers based on current Durham market conditions, where the median home price is $415,000.
$415,000
Median Sale Price
99.0%
List Price to Sale Price Ratio
25
Median Days on Market
$234
Price Per Square Foot
26.6%
Percent of Sales Over List Price
218
Number of Homes Sold (Month)
-4%
National Price Comparison
-1%
Cost of Living vs National
(Metrics from Redfin)
How does this data help me?
The Owner Advocate displays market data by showing market changes in locations across the USA
City Map
Durham Key Takeaways
Median Sale Price:
$415,000
Scottsdale housing market is changing
$415,000
The average home value is $415,000 and goes to pending in around 25 days.
25
Average Days on Market
on average for MLS listed homes
Don't wait!
Now is a great time to sell your home.
Get the best cash offer for your property
Your home has more value than you might expect.

Why now is a good time to sell your property in Durham North Carolina?

Life can present unexpected challenges that necessitate quick decisions regarding your Durham home. Whether you’re facing a sudden job transfer, dealing with financial pressures, or managing an inherited property, selling quickly may be your best option.
Common situations include unexpected job relocations that require immediate moves, financial challenges or mortgage difficulties, inherited properties that come with maintenance costs, divorce or significant life transitions, and pre-foreclosure situations that require quick resolution.
In Durham’s market, where homes typically spend 25 days listed, our solution offers a faster alternative — allowing you to skip repairs, avoid showings, and move forward quickly with your life.

Frequently Asked Questions About Selling Your Durham Home

Q: How quickly can you close on my Durham home?

A: We provide cash offers within 72 hours and can close in as little as 10 days — significantly faster than Durham’s average 25-day market time.

Q: Do you buy homes in as-is condition?

A: Yes, our network of buyers purchases Durham homes in any condition — no repairs or renovations needed.

Q: Are there any fees or commissions?

A: None. We cover all closing costs and charge no commissions, saving you thousands on Durham’s median home price of $415,000.

Q: How does your process work?

A: Contact us, receive an offer within 72 hours, and close on your schedule — as quickly as 10 days. No showings or repairs required.

Q: What types of properties do you buy?

A: Our buyers purchase all residential properties throughout Durham (zip codes 27701-27713), including single-family homes, condos, townhouses, and multi-family properties.

Get Top Dollar for your Home

Skip the traditional 25-day market wait — get connected with a fast cash offer for your Durham home today! With homes averaging $415,000 in Durham, our no-fee, no-repair process offers significant savings and convenience.
We serve all Durham neighborhoods and connect sellers with buyers for properties in any condition. No commissions, no closing costs, and no uncertainty — just a straightforward path to selling your home in as little as 10 days.
Contact Owner Advocate now to discover how our local resources can help you move forward quickly and confidently in Durham’s real estate market.
Why Choose Us:
  • Partners in the Durham market.
  • Speedy, transparent transactions.
  • Focus on client needs.