Market Overview
Home Prices in Durham, NC
The median home value in Durham, NC is $400,564 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 3.2% compared to a year ago and down 0.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Durham are priced2% below average. Durham is part of the Durham-Chapel Hill, NC metro area.
Over the past five years, Durham home values have risen by approximately24.4%, reflecting strong long-term appreciation in this market.
Price History
Durham Home Price Trend
City Comparison
Durham vs. National Median
At $400,564, homes in Durham cost 2% below the national median of $410,000. This makes Durham a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Durham?
20% Down Payment
$80,113
on $400,564
Monthly P&I
$2,089/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,653/mo
incl. taxes & insurance
Income Needed
$106,120
gross annual (30% rule)
10% Down Option
$40,056
+ PMI applies
Loan Amount (20% dn)
$320,451
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Durham, NC?
The median home value in Durham is $400,564 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 3.2% year-over-year.
How much have home prices changed in Durham?
Over the past year, home values in Durham have decreased by 3.2%. Over five years, prices have risen approximately 24.4%.
How much do I need to earn to buy a home in Durham?
To comfortably afford the median home price of $400,564 with a 20% down payment ($80,113) at today's rates (6.8%), you'd need a gross annual income of approximately $106,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Durham compare to the national average home price?
The national median home value is approximately $410,000. At $400,564, homes in Durham are 2% below the national average.
What metro area is Durham part of?
Durham is part of the Durham-Chapel Hill, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.