Is Durham, NC 27709 a buyer’s or seller’s market?
Durham is a seller’s market. With about 3.2 months of supply and 0% 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.
The Durham housing market right now
In the three months ending August 31, 2026, 0% of homes in Durham, NC 27709 sold above their list price, the typical home went under contract in 48 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 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 (72 days then) and the median sale price rose 26% to $277,380. Overall, Durham is more competitive than a year ago, so tougher for buyers.
Within Durham County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Durham 27705 (22% sold over asking) and Durham 27713 (22% sold over asking) are even more competitive.
Run the numbers for 27709
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 →Where Durham is
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Questions about Durham real estate
Is Durham a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Durham, NC 27709 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 48 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 97.0% 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 $277,380 in the three months ending August 31, 2026, about $246 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology