Market Intelligence · NC / Durham

Durham, NC 27704 Housing Market

The typical home in Durham, NC 27704 is worth $305,949, down 4.1% over the past year. The median list price sits at $340,370, and homes are spending a median of 60 days on the market.

Updated August 2026Median value$306K

The median home value in Durham, NC 27704 is $306K as of August 2026, down 4.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 27704 range

$281K to $330K

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

-4.1% over 12 months

Typical home value in 27704 over the last 12 months: $319K in Aug 2025 to $306K in Aug 2026 (-4.1%).

Aug 2025$319K

Aug 2026$306K

The numbers

What is the 27704 housing market like?

Typical home value

$306K

Down4.1%YoY

Median list price

$340K

Down2.7%MoM

Days on market

60

Up15.4%MoM

Homes for sale

139

Up8.6%MoM

Price cuts

23.4%

Up28.8%MoM

New listings

60

Up7.1%MoM

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

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The comparison

How do 27704 home prices compare?

  • 27704$305,949
  • Durham$415,724
  • North Carolina$287,619
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Durham: 7 ZIPs; North Carolina: 718 ZIPs; United States: 26,265 ZIPs).

Context

There are 139 homes for sale in 27704, with 60 new listings added as of 2026-08-01. The median list price is $340,370, above the typical home value of $305,949, which is down 4.1% over the past year. Homes are taking a median of 60 days to move, and 23.4% of listings have had a price cut. Taken together, sellers should expect buyers to negotiate and should price with the recent decline in mind.

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