27701 Home Values & Market Trends

There are 49 homes currently listed for 27701. 27701 real estate market trends show that home prices range from $125,000 to $1,495,000, and the median sales price in the 27701 zip code is $414,585.82. The total number of properties sold within the past twelve months is 355. In 27701, 3 properties are in foreclosure, 0 are bank owned properties,and 1 are headed for auction.

27701 Real Estate Market Overview

CityMedian Est. Value
Durham

$ 404,226

$ 233/sqft

Housing Market Summary for 27701

Apr 2023March 2024Change
Median Listing Price$507.5K$396.2K-21.93%
Median Sold Price$387.5K$396.2K2.25%
Homes For Sale4837-22.92%
Homes Sold144108-25.00%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 27701

The median list price of a home in Durham, is $414,585.82. A total of 49 properties are for sale, and the percentage of properties for sale in the zip code is 49.00%. The total count of 27701 properties is 5,587.

Foreclosure
There is 1 cities within 27701; within this cities, the median estimated home value for homes in foreclosure ranges from $697,000 in durham to the lowest value of $117,960 in durham. Foreclosure homes account for 0.00% of properties in 27701 with durham containing 70 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.04% of all residential properties in 27701 with durham containing 41 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 27701; of that cities, the estimated home value for pre-foreclosure homes ranges from $697,000 in durham to the lowest home value of $117,960 in durham.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 27701 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 27701. There is 1 cities within 27701; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    durham has 28 auction properties, the highest number of properties going to auction in a single city in the state of 27701. Auction homes and other auction properties account for 0.02% of all properties in 27701. There is 1 cities within 27701; of that cities, the median estimated home value for homes going to auction ranges from $550,931 in durham to the lowest value of $170,255 in durham.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.88% of residential properties in 27701 with durham containing 535 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 27701; homes for sale in that cities, have a range of median values from $7,178,512 in durham to the lowest value of $60,860 in durham.
    Sold Homes
    The median value for recently sold homes ranges from $4,084,172 in durham to the lowest price of $30,090 in durham. There is 1 cities within 27701. durham has 2151 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.58% of properties in 27701.

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      Guide for 27701

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent|posted 12 February 2024

      This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.

      Recently Listed Homes 27701

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