Durham County, North Carolina Housing Market
In Durham County, North Carolina, the median home value is $389,400, with a median monthly rent of $1,508. This places Durham County at #318 nationally out of 3134 counties by median home value, and #8 within North Carolina.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $2,036
- Establishments: 11,138
- BLS QCEW, 2025
Housing Supply
- Single-family: 2,790
- Multi-family: 1,982
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 133,952 (avg $93,867)
- Outflow: 127,748 (avg $94,798)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Durham County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 27560 | 283.9 | -8.54% | 2025 |
| 2 | 27617 | 255.8 | — | 2024 |
| 3 | 27583 | 238.7 | +6.17% | 2025 |
| 4 | 27572 | 221.5 | +4.25% | 2025 |
| 5 | 27278 | 274.0 | +6.43% | 2025 |
| 6 | 27503 | 246.2 | -0.12% | 2025 |
| 7 | 27613 | 270.8 | +2.39% | 2025 |
| 8 | 27705 | 305.9 | +1.52% | 2025 |
| 9 | 27712 | 267.1 | -0.93% | 2025 |
| 10 | 27703 | 277.8 | +4.26% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Durham County Compares
| Metric | Durham County | North Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $389,400 | $235,312 | $227,706 |
| Median Gross Rent | $1,508 | $976 | $968 |
| Owner Occupancy Rate | 55.5% | 71.8% | 73.3% |
| Price/Rent Ratio | 21.5 | 19.8 | 18.7 |
Market Analysis
The median home value in Durham County is 65.5% above the North Carolina state average and 71.0% above the U.S. national average. The median rent of $1,508/month is 54.5% above the state average.
With a price-to-rent ratio of 21.5, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Durham County has an owner-occupancy rate of 55.5%, compared to 71.8% in North Carolina and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Carroll County | New Hampshire | $388,900 | $1,195 |
| Fresno County | California | $388,800 | $1,392 |
| Canyon County | Idaho | $390,000 | $1,347 |
| Orange County | Florida | $390,100 | $1,775 |
| Ozaukee County | Wisconsin | $390,200 | $1,154 |
Other Counties in North Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| New Hanover County | $387,800 | $1,417 | 61.4% |
| Buncombe County | $391,800 | $1,362 | 66.2% |
| Currituck County | $378,800 | $1,162 | 87.3% |
| Transylvania County | $373,600 | $967 | 74.7% |
| Mecklenburg County | $406,800 | $1,627 | 55.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).