Market Intelligence · NC / Durham

Durham, NC 27701 Housing Market

The typical home value in Durham, NC 27701 is $411,478, down 1.3% over the past year. The median list price stands at $487,450, with homes taking a median of 82 days to sell.

Updated September 2026Median value$411K

The median home value in Durham, NC 27701 is $411K as of September 2026, down 1.3% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 27701 range

$379K to $444K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.3% over 12 months

Typical home value in 27701 over the last 12 months: $417K in Sep 2025 to $411K in Sep 2026 (-1.3%).

Sep 2025$417K

Sep 2026$411K

The numbers

What is the 27701 housing market like?

Typical home value

$411K

Down1.3%YoY

Median list price

$487K

Down1.5%MoM

Days on market

82

Down2.4%MoM

Homes for sale

119

Down0.8%MoM

Price cuts

25.2%

Up0.1%MoM

New listings

36

Down18.2%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

27701 housing market forecast 2027

-0.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 27701 to fall 0.6% by September 2027.

Over the 12 months through September 2026, typical home values in 27701 fell 1.3%, per the Zillow Home Value Index.

Will home prices drop in 27701?

Zillow's forecast says they may: it expects typical home values in 27701 to fall 0.6% by September 2027, after a 1.3% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 27701 home prices compare?

  • 27701$411,478
  • Durham$409,919
  • North Carolina$284,347
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Durham: 7 ZIPs; North Carolina: 718 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 119 homes for sale in the 27701 ZIP, with 36 new listings added recently. The median days on market of 82 suggests a slower sales pace compared to faster-moving markets. A notable 25.2% of listings have already been price-cut, reflecting the pressure sellers face. The decline in typical home value over the past year indicates a buyer-leaning environment. Before listing, weigh whether the current pace and downward pricing trend align with your timeline and expectations.

Monthly payment

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20% · $82,296

Common questions

What people ask us.

What is the typical home value in 27701?

The typical home value is $411,478, down 1.3% over the past year.

How long do homes stay on the market in 27701?

Homes have a median of 82 days on market as of September 2026.

What share of homes have had price cuts?

As of September 2026, 25.2% of listings in 27701 have been price-cut.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.