Home to Duke University and part of the Research Triangle, this health care hub offers suburban living along with urban redevelopment.

3,100

Jobs Created
1.0%

$63,927

Median Household Income
2.9%

5,564

Total Housing Permits
1.9%

73

Total Number of Projects
-15.1%

$342,593

SFD New Home List Price
1.2%

0

New Home Sales
-21.8%
Monthly

Market Health

Durham s population is 583K, with a total workforce of 322K. The labor market grew by 3,100 jobs over the past year, up by 1.0%. The median household income in Durham is $63,927, 2.9% higher than last year and 1.2% above the national average of $63,179.
In the housing market, total permits issued totaled 5,564 over the last twelve months, up 1.9% year-over-year. Durham has 73 active new home projects on the market, 15.1% fewer than the 86 from last year. The average list price in the market is $342,593, 1.2% higher than last year and 6.6% above the national average. Over the last three months, new home contracts decreased by 21.8% to 579. Durham and Chapel Hill had the highest concentration of the new home contracts in the Durham market.

Our Experts

Work with leaders in the industry.

Tim Sullivan

Senior Managing Principal

Tim Sullivan

Senior Managing Principal

Tim Sullivan

Senior Managing Principal

Shaun McCutcheon

Vice President, Advisory

Shaun McCutcheon

Vice President, Advisory

Get In Touch

We actively seek out exciting new real estate challenges. We'd love to start a conversation about any of our services with you.

Services Information Request

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Tech Services Sign Up

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Zonda Information Request

You’re on your way to meeting our team! We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Don't miss an update

Sign up for our newsletter to get timely housing market information, event and webinar updates, and product updates.
By clicking this button, you agree to our
Terms & Privacy Policy

Discover how Zonda can help grow your business

Complete the form below and a Zonda rep in your region will contact you with more information
By clicking this button, you agree to our
Terms & Privacy Policy

Learn More About Bird.i

We'll be in touch soon to help you push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy

Frame Information Request

We’ll be in touch soon to help push your business forward.
By clicking this button, you agree to our
Terms & Privacy Policy