Is Durham, NC 27705 a buyer’s or seller’s market?
Durham is a seller’s market. With about 3.3 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 53% of U.S. ZIP codes, and #43 of 424 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Durham housing market right now
In the three months ending August 31, 2026, 22% of homes in Durham, NC 27705 sold above their list price, the typical home went under contract in 34 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 130 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold more slowly (25 days then) and the median sale price fell 3% to $484,790. Overall, Durham is less competitive than a year ago, which gives buyers more room.
Within Durham County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Durham ranks #43 of 424 NC ZIP codes with enough sales (score 51 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).
Run the numbers for 27705
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 →Towns like Durham nearby
Find towns like Durham in other states →Where Durham is
Loading map…
Questions about Durham real estate
Is Durham a buyer’s or seller’s market?
A seller’s market: there were 3.3 months of supply in Durham, NC 27705 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 34 days in the latest three months.
Do homes in Durham sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in Durham?
About 0.79% of a home’s value a year in Durham County, or roughly $3,160 on a $400,000 home.
What is the median home price in Durham?
The median sale price was $484,790 in the three months ending August 31, 2026, about $261 per square foot.
Local agents
See all agents in 27705 →No sponsored agents in 27705 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 27705
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology