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Durham Real Estate For Sale In NC
Durham, NC is a city emblematic of the current rise of North Carolina. Its central location in the state, its proximity to Raleigh and Greensboro, and its impressive revitalization in the 21st century have all come together to make Durham real estate one of the most desired real estate in the U.S. In fact, Durham is among the top 50 fastest growing cities in the country, and the second-fastest growing city in North Carolina real estate. In tech, business, sports, and the arts, Durham is a fantastic place to live in.
More About Durham NC
Durham is a city of about 270,000 people. We’ll say right now that Durham feels more like a city of 70,000. Despite such an impressive population, Durham still has a small-city feel, both in its community involvement and its geography. The city center is dense and full of towering office buildings, but it’s also very walkable. Park anywhere in the city and you’ll be able to get wherever you need to go without a problem.
Head out of the city to any of the neighborhoods and they all have a small, old-school feel. This in large part has to do with Durham real estate’s steady growth over the last fifty years. Durham never hit a specific spike in growth, instead it’s been a slow and continuous upwards process which has given neighborhoods here time to grow up and become mature pieces of real estate. The same goes for the city itself.
Durham has a distinctive skyline and downtown feel that regularly pulls in people from all over central North Carolina. Downtown you’ll find fantastic restaurants serving a variety of foods from all over the world. Entertainment is a major aspect of Durham’s charm, with great musical and comedy acts coming through the city regularly. With a minor league baseball stadium right downtown, a great shopping center grown out of an old tobacco warehouse, and a populous proud to call Durham real estate home, a move here is as good a choice as you can make for living in North Carolina.
Durham NC Real Estate Market
Currently, Durham real estate is a seller’s market in the extreme. Since the 1970s, Durham has grown at roughly 50,000 people every ten years and a look at its real estate statistics will show you that Durham has a monthly house for sale inventory of .8, the extreme end of what constitutes a seller’s market. Now, before you get worried about not being able to find a real estate, know that plenty of homes for sale get listed every week, they just get bought in a fast, so you must be quick!
The median price for a detached home for sale in Durham, NC is $351,000, which is below the national average. You can find homes in Durham from $250,000 and up into the $800,000 range. Luxury real estate in Durham is available too, and you’ll find them far outside the city.
The homes for sale in Durham, NC real estate market are generally either detached one story ranch style homes dating back to the 60s and 70s or newer detached, two-story houses that have sprung up in recent decades to accommodate the continuously increasing population. You’ll find most homes situated on a half acre plot of land with decent yard space and plenty of shade trades. The oldest real estate in Durham is found closest to the city center. These homes are almost all one story with brick walls and low roofs. The streets are smaller and cozier and the neighborhoods are very green.
If you head out of the city you’ll find your standard new suburbs with wider streets and more open space in general. Homes for sale here usually have white siding and two stories and the streets are perfect for biking and for jogging. If you’re looking for real estate in the country you’re in luck! Despite the fact Durham has 270,000 people, the North Carolina countryside is less than a twenty minute drive away, perfect for getting some fresh air after work or enjoying the outdoors on the weekend.
If you’re looking for condos for sale in Durham, you’ll be among the first to live in them. Condos are still getting off the ground in Durham real estate as a form of housing, and they usually price right alongside other real estate in the area. What you’ll get out of a condo for sale in Durham is that you’ll be within walking distance of the city center. Durham has a great nightlife, so if that’s what’s attracting you to the city, get a condo!
Distances to Nearby Cities
- 25 miles to Raleigh, NC
- 80 miles to Winston-Salem, NC
- 145 miles to Charlotte, NC
- 154 miles to Wilmington, NC
Schools In Durham NC
Real estate in Durham is situated directly next to some of the best schools in the state. For public school, you’ll want to contact the Durham Public School System, one of the top ten largest districts in the state. With thirty elementary schools and a dozen high schools to choose from, finding the right school for your kids should be a breeze.
In addition to public school options, you can look into any one of the areas many charter schools, such as:
- Research Triangle High School
- Voyager Academy (K-12)
- Kestrel Heights School (K-12)
- Maureen Joy Charter School (K-8)
- Excelsior Classical Academy (K-8)
FAQ About Durham NC
What is the zip code for Durham, North Carolina?
Zip codes in Durham real estate include:
Where is the nearest commercial airport to Durham, North Carolina?
The Raleigh-Durham International Airport is only 13 miles away from Durham.
What County is Durham, North Carolina in?
Durham is in Durham County.
How far is Raleigh from Durham, North Carolina?
Raleigh is about 25 miles or 36 minutes from Durham.
What is Durham, North Carolina usually known for?
Durham is known for its thriving arts scene and a strong tech-based economy which is closely linked to Duke University.
Is Durham, North Carolina a Good Place to Live?
Durham is a great city to live in thanks to its strong local economy and job market, active downtown and local arts scene, and close proximity to the largest cities in North Carolina.
Things To Do In Durham NC
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Visit the Durham Performing Arts Center
People that don’t live in Durham come to Durham for DPAC. This is by far the main attraction of the city. The acts that come through here are world class (they’re currently putting on Hamilton) and the venue itself is a treasure for the eyes as well as the ears. Located downtown, DPAC will be one of the things you love most about Durham. -
Visit the Museum of Life and Sciences
The museum of life and sciences has a little bit of everything for everyone. From wildlife exhibits to hands-on interactive experiences for all ages, this museum will quickly become a favorite for anyone living in the Durham area. Found just a bit north of the city center, head to the Museum of Life and Sciences for a fun and informative time. -
Shop at the American Tobacco Campus
What used to be a major business center for Lucky Strike is now one of the best places in Durham to shop and get a bite to eat. After the collapse of the tobacco industry, Durham got a chance to reinvent itself and the American Tobacco Campus is a sign not only of that revitalization but also of what modern-day Durham has to offer. -
Go to a Durham Bulls Game
The Durham Bulls are a triple-A minor league baseball team and a beloved fixture of Durham culture. Their stadium is very easy to get to and one of the most defining aspects of Durham. Taking in annual audiences of over 500,000, the Bulls will keep you entertained all season long. -
Relax at the Falls Lake State Recreation Area
In the summer it gets hot in North Carolina. Head out of town to this outdoor area to the northeast of the city and enjoy watersports and picnics under the shade of Lakeshore Forest. -
Enjoy the American Dance Festival
Held in the summer since 1948, this six week celebration of modern dance is a cultural gem for Durham. Split between DPAC and Duke University, you can participate by taking dancing classes for all ages and all levels of experience. -
Visit the Nasher Museum of Art
Located on Duke University’s campus, the Nasher Museum of Art is a beloved attraction for Durham’s art lovers. Here you’ll find striking examples of contemporary sculpture and art mostly made during the 20th century with a few pieces from an earlier time. -
Visit Duke Chapel
Duke Chapel is a beautiful example of neo-gothic architecture. This chapel looks like it belongs in a medieval French village. In all honesty, Chapel is a misnomer here. This is a cathedral. Go and marvel in the beauty of the stone and enjoy Duke’s campus in general once the weather cools down in the fall. -
Enjoy the Full Frame Documentary Film Festival
A program of Duke University, the Full Frame Documentary Film Festival is a perfect event for all film enthusiasts. Check out the entries at the Carolina Theater in downtown Durham and experience the cutting edge of contemporary cinema. -
Museum of Durham History
Last but not least, take some time to get in touch with the history of itself. Durham is an interesting town, and its history reflects the larger trends and events the U.S. has undergone over the last 150 years. So check out this museum from time to time reacquaint yourself with the way things used to be and reflect on how they are today.
Economy In Durham NC
The economy in Durham is among the strongest in North Carolina, and those who buy Durham real estate get to take all the advantage. Economic growth and new business, both entrepreneurial and established companies, have been a major focus of development since the 1970s. Thanks to Durham’s own Duke University, research and education is a major driving factor for the city as a whole, with Duke employing 39,000 people and the Research Triangle Park employing a further 49,000 people. Some of the main employers helping to support Durham’s economy are as follows.
- IBM
- Durham Public Schools
- GlaxoSmithKline
- Blue Cross & Blue Shield of NC
- City of Durham
- Fidelity Investments
- IQVIA
- RTI International
Transportation In Durham NC
Almost everyone living in Durham real estate uses a car to get around, and the road systems here are generally easy to navigate. You will run into rush hour traffic, as well as people coming west out of Raleigh, so expect the main roads to be busy through most hours of the day. Durham also has a public bus transit system so if you need to get around without a car you still have options. Two interstates come together in Durham that you’ll want to take advantage of from time to time. You can take I-85 north to Virginia and I-40 to cities like Raleigh and all the way out to Winston-Salem. Durham also has an Amtrak train running daily to Charlotte and to New York City. You can also take international flights out of the local Raleigh-Durham International Airport.