Is Durham, NC 27707 a buyer’s or seller’s market?
Durham is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.2Under 4 months = seller’s market
Sold above original list15.1%Share of sales, last 3 months
Median sale-to-list97.8%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$249▼ −6.3% vs. last year
Run the numbers for 27707
Nearby markets
Bahama 27503Seller’s market $203 /sq ftDurham 27701Balanced $346 /sq ftDurham 27703Seller’s market $201 /sq ftDurham 27704Balanced $205 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology