Is Durham, NY 12422 a buyer’s or seller’s market?
Durham is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Durham housing market right now
In the three months ending August 31, 2026, 0% of homes in Durham, NY 12422 sold above their list price, the typical home went under contract in 29 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (44 days then) and the median sale price fell 39% to $310,566. Overall, Durham is more competitive than a year ago, so tougher for buyers.
Within Greene County, homes here sell faster than in 82% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Leeds 12451 (100% sold over asking) and New Baltimore 12124 (67% sold over asking) are even more competitive.
Run the numbers for 12422
Nearby markets
Acra 12405Balanced $177 /sq ftAshland 12407 — /sq ftAthens 12015Buyer’s market $226 /sq ftCairo 12413Balanced $128 /sq ft Browse all markets →Where Durham is
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Questions about Durham real estate
Is Durham a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Durham, NY 12422 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Durham?
The typical home went under contract in 29 days in the latest three months.
Do homes in Durham sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.2% of the list price.
What are property taxes in Durham?
About 1.49% of a home’s value a year in Greene County, or roughly $5,960 on a $400,000 home.
What is the median home price in Durham?
The median sale price was $310,566 in the three months ending August 31, 2026, about $265 per square foot.
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More tools for 12422
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology