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

Housing Data

6,300

Jobs Created
2%

$57,844

Median Household Income
3%

5,447

Total Housing Permits
21.5%

88

Total Number of Projects
-12%

$407,197

SFD New Home List Price
8.8%

635

New Home Sales
14.4%
Monthly

Market Health

Durham's population is 567K, with a total workforce of 310K. The labor market grew by 6,300 jobs over the past year, up by 2.0%. The median household income in Durham is $57,844, 3.0% higher than last year and 5.7% below the national average of $61,372. In the housing market, total permits issued totaled 5,447 over the last twelve months, up 21.5% year-over-year.

Durham has 88 active new home projects on the market, 12.0% fewer than the 100 from last year. The average list price in the market is $407,197, 8.8% higher than last year and 27.2% above the national average. Over the last three months, new home contracts increased by 14.4% to 635. 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.

Victor Furnells

Vice President Sales, East

Victor Furnells

Vice President Sales, East


Tim Sullivan

Managing Principal

Tim Sullivan

Managing Principal


Shaun McCutcheon

Senior Manager

Shaun McCutcheon

Senior Manager


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