Is Durham, NC 27704 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Durham is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score35/ 100

More competitive than 33% of U.S. ZIP codes, and #177 of 424 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.1Under 4 months = seller’s market

Sold above original list12.6%Share of sales, last 3 months

Median sale-to-list97.1%Sold price ÷ list price

Median days on market30Listing to accepted offer

Median price per sq ft$205▼ −6.0% vs. last year

Run the numbers for 27704

Prefilled for 27704Can I win this house?Multiple-offer likelihood for a listing Prefilled for 27704Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Bahama 27503Seller’s market $203 /sq ft Durham 27701Balanced $346 /sq ft Durham 27703Seller’s market $201 /sq ft Durham 27705Seller’s market $261 /sq ft Browse all markets →

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More tools for 27704

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology