Durham, NY Home Values & Market Trends
Real estate market trends reflect that there have been 5 transactions over the past year in Durham. The median value for residential home transactions that occurred over the previous year is $217,993. The number of current listings in Durham is 0, and the percentage of properties for sale in the city is 0.00%. Durham, NY currently has 2 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 0 properties for sale.
Durham, NY Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 12422 | $ -- $ -- |
Housing Market Summary for Durham, NY
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $297K | $446.9K | 50.46% |
| Median Sold Price | $247.5K | $446.9K | 80.56% |
| Homes For Sale | 2 | 0 | -100.00% |
| Homes Sold | 1 | 1 | - |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Durham, NY
Browse Homes in Durham, NY
Durham home values range from $57,041 to $778,700. The median estimated value of a home in Durham is $217,993. The median list price of a home is 0, and the total count of properties in the city is 89.
- Pre-ForeclosurePre-foreclosure homes account for 2.25% of all residential properties in Durham, NY with 12422 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Durham, NY; of that zips, the estimated home value for pre-foreclosure homes ranges from $269,900 in 12422 to the lowest home value of $166,824 in 12422.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Durham, NY 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 Durham, NY. There is 1 zips within Durham, NY; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Durham, NY. Auction homes and other auction properties account for 0% of all properties in Durham, NY. There is 1 zips within Durham, NY; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Durham, NY
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.
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.