The typical home value in
Downtown Durham
is projected to be
$1,118,550
for the month of
October.
September’s
finalized data reported the typical value of a home in the
neighborhood
to be
$1,019,000—up
80.67%
over the previous 12 months.
For comparison,
city-level
data pegged home values at
$441,250
in
Durham
for the most recent reporting period.
That number is expected to float around
$442,380
in
October.
Downtown Durham
had
19
new listings and
11
listings that went under contract in
September,
increasing
the area’s total available inventory to
24—up
20.0%
from the previous month. Inventory is projected to have further
increased
in
October.
The median listing price for homes in
Downtown Durham
grew
15.51%
from
August
to
September,
bringing the current median listing price to
$745,000.
Based on projected data for
October,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
September 2025,
the median time for a listed property to go pending was
771
days, compared to
1492
days in
September 2024.
In recent months the median number of days from listed to pending appears to be steady.
That trend is predicted to have carried through to this
October.
