Durham Housing Market: Home Prices & Rent
Durham home values since 2000
Last few years
Rent in Durham
Owning vs renting, monthly
Buying the typical Durham home with 20% down at this week's 7.32% 30-year rate costs about $2,709/month (principal, interest plus ~1.5% a year for tax and insurance) vs $1,640/month typical rent.
Rate: Freddie Mac, week of Oct 22, 2026. Estimate for comparison only.
What changed this month
- Durham home values have fallen 10 months in a row
Durham vs North Carolina vs the U.S.
| Typical home | 12-month change | Typical rent | |
|---|---|---|---|
| This metro | $402k | -2.5% | $1,640/mo |
| North Carolina | $332k | -0.2% | - |
| United States | $366k | +1.2% | $1,932/mo |
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Common questions
Are home prices falling in Durham?
Yes - the typical Durham-area home value is down 2.5% over the past 12 months, at $402k (September 2026). Values are 4% below their February 2025 peak of $417k.
Is the Durham housing market crashing?
Home values are 4% below their February 2025 peak and down 2.5% over the past year - a gradual decline, not a sudden collapse. Whether that continues isn't knowable from the data - this page updates every month when new figures come out.
How much is rent in Durham?
Typical rent in the Durham metro is $1,640 a month (September 2026), +2.6% over 12 months.
How much income do you need to buy a home in Durham?
About $109k a year to afford the typical home with 20% down, spending no more than 30% of income on housing (September 2026).
Nearby and similar metros
Charlotte, NC · Raleigh, NC · Greensboro, NC · Winston, NC · North Port, FL · Fresno, CA · Hartford, CT · Baltimore, MD
Sources: Data Provided by Zillow Group (Zillow Home Value Index and Zillow Observed Rent Index, September 2026; income needed and listing data). 30-year mortgage rate: Freddie Mac PMMS. Figures are for the Durham, NC metro area. How we calculate.