Is Durham, NC 27701 a buyer’s or seller’s market?

The Durham housing market right now

In the three months ending August 31, 2026, 20% of homes in Durham, NC 27701 sold above their list price, the typical home went under contract in 39 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 77 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (19% then), homes sold faster (59 days then) and the median sale price fell 17% to $529,771. Overall, Durham is more competitive than a year ago, so tougher for buyers.

Within Durham County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Durham ranks #158 of 424 NC ZIP codes with enough sales (score 37 out of 100).

Nearby, buyers who want less competition could look at Durham 27709 (0% sold over asking) or Durham 27704 (13% sold over asking), while Durham 27705 (22% sold over asking) is even more competitive.