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

The Durham housing market right now

In the three months ending August 31, 2026, 13% of homes in Durham, NC 27704 sold above their list price, the typical home went under contract in 30 days and there were 4.1 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 131 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 16%, homes sold faster (40 days then) and the median sale price held steady to $314,864. Overall, Durham is about as competitive as it was a year ago.

Within Durham County, homes here sell faster than in 63% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, Durham ranks #177 of 424 NC ZIP codes with enough sales (score 35 out of 100).

Nearby, buyers who want less competition could look at Durham 27709 (0% sold over asking), while Durham 27705 (22% sold over asking) and Durham 27713 (22% sold over asking) are even more competitive.