Is Durham, NC 27712 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Durham is a seller’s market. With about 3.4 months of supply and 15% 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.

Competition score47/ 100

More competitive than 47% of U.S. ZIP codes, and #81 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

Months of supply3.4Under 4 months = seller’s market
Sold above original list14.7%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market30Listing to accepted offer
Median price per sq ft$223▼ −2.2% vs. last year

The Durham housing market right now

In the three months ending August 31, 2026, 15% of homes in Durham, NC 27712 sold above their list price, the typical home went under contract in 30 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 77 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 28%, homes sold more slowly (27 days then) and the median sale price fell 7% to $419,818. Overall, Durham is less competitive than a year ago, which gives buyers more room.

Within Durham County, homes here sell faster than in 63% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Durham ranks #81 of 424 NC ZIP codes with enough sales (score 47 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) and Durham 27713 (22% sold over asking) are even more competitive.

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 3.4 months of supply in Durham, NC 27712 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 30 days in the latest three months.

Do homes in Durham sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 98.6% 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 $419,818 in the three months ending August 31, 2026, about $223 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