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Colonial Village Duke Homestead Northgate Park Old Farm Stadium Heights

DURHAM, NC 27704

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 27704

Colonial Village · Duke Homestead · Northgate Park · Old Farm · Stadium Heights

Market Analysis

Data as of September 2026. Source: Realtor.com.

The DURHAM, NC real estate market (27704) currently shows 207 active listings, with 78 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has increased compared to last year, with 55 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 59 days on market compared to 53 days last year.

The median listing price has fallen 4.8% year-over-year, from $349,688 to $332,785.

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Market Context

Market Context

Population: 41,966  ·  Density: 391.1/mi²  ·  Median household income: $59,237

Typical home value: $227,215  ·  Homeownership: 55.8%

Market Overview

Active Listings
207
⇧ 36.2% vs 152 last year
Pending
78
38% pending ratio
Median Price
$332,785
⇩ 4.8% vs $349,688 last year
Average Price
$358,168
⇧ 1.2% vs $354,055 last year
Days on Market
59
⇧ 11.3% vs 53 days last year

Price Per Square Foot

Median $/sqft
$213
⇩ 12.7% vs $244/sqft last year
Median Home Size
1,529 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 207 this year vs 152 last year
  • Days on market: 59 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $332,785 (-4.8% YoY)
  • Average: $358,168 (+1.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.7 miles — 1,878 listings ($1,175,766,213 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27704Durham, NC 277040.0 mi185$67,665,970$329,950$365,762
27703Durham, NC 277035.6 mi440$194,054,080$404,033$441,032
27509Butner, NC 275096.8 mi5$1,891,335$369,900$378,267
27503Bahama, NC 275038.5 mi7$4,799,060$699,900$685,580
27522Creedmoor, NC 275229.7 mi32$13,275,744$361,650$414,867
27613Raleigh, NC 2761310.3 mi99$90,027,432$607,500$909,368
27713Durham, NC 2771312.4 mi183$112,543,353$408,500$614,991
27514Chapel Hill, NC 2751413.0 mi75$54,284,100$505,000$723,788
27572Rougemont, NC 2757214.6 mi16$9,753,360$498,200$609,585
27278Hillsborough, NC 2727814.7 mi101$69,571,830$501,080$688,830
27587Wake Forest, NC 2758716.2 mi510$399,932,820$550,750$784,182
27519Cary, NC 2751916.4 mi179$133,837,047$602,250$747,693
27510Carrboro, NC 2751016.7 mi46$24,130,082$489,900$524,567

Frequently Asked Questions

How many homes are for sale in DURHAM, NC 27704?

As of September 2026, there are 207 active listings in DURHAM, NC (zip code 27704), compared to 152 the prior year.

What is the median home price in DURHAM, NC 27704?

The median listing price in DURHAM, NC 27704 is $332,785 as of September 2026, a 4.8% decrease from $349,688 the prior year.

How long do homes stay on the market in DURHAM, NC?

Homes in DURHAM, NC 27704 spend an average of 59 days on the market before going under contract, compared to 53 days the prior year.

Is it a seller's or buyer's market in DURHAM, NC 27704?

Based on current inventory and days-on-market data as of September 2026, DURHAM, NC 27704 is currently a Buyer's Market. Inventory has increased compared to last year, with 55 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 59 days on market compared to 53 days last year.

How much can I save on real estate commission in DURHAM, NC?

With SELL123.com's maximum 3% commission, sellers in DURHAM, NC 27704 save an estimated $6,656 compared to a typical 5% commission on the median listing price of $332,785. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.