27704 Home Values & Market Trends

There are 63 homes currently listed for 27704. 27704 real estate market trends show that home prices range from $159,900 to $599,000, and the median sales price in the 27704 zip code is $320,800. The total number of properties sold within the past twelve months is 700. In 27704, 11 properties are in foreclosure, 0 are bank owned properties,and 5 are headed for auction.

27704 Real Estate Market Overview

CityMedian Est. Value
Durham

$ 399,400

$ 236/sqft

Housing Market Summary for 27704

Jan 2024December 2024Change
Median Listing Price$329.5K$240K-27.16%
Median Sold Price$324.5K$326.8K0.73%
Homes For Sale7410-86.49%
Homes Sold3203261.88%
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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 27704

The median list price of a home in Durham, is $320,800. A total of 63 properties are for sale, and the percentage of properties for sale in the zip code is 63.00%. The total count of 27704 properties is 416.

Foreclosure
There is 1 cities within 27704; within this cities, the median estimated home value for homes in foreclosure ranges from $843,000 in durham to the lowest value of $134,383 in durham. Foreclosure homes account for 2.00% of properties in 27704 with durham containing 67 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 1.44% of all residential properties in 27704 with durham containing 42 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 27704; of that cities, the estimated home value for pre-foreclosure homes ranges from $729,823 in durham to the lowest home value of $176,494 in durham.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 27704 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 27704. There is 1 cities within 27704; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    durham has 23 auction properties, the highest number of properties going to auction in a single city in the state of 27704. Auction homes and other auction properties account for 1.20% of all properties in 27704. There is 1 cities within 27704; of that cities, the median estimated home value for homes going to auction ranges from $843,000 in durham to the lowest value of $134,383 in durham.
Homes for Sale
Homes and properties that are actively listed for sale account for 15.14% of residential properties in 27704 with durham containing 409 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 27704; homes for sale in that cities, have a range of median values from $7,500,000 in durham to the lowest value of $96,220 in durham.
    Sold Homes
    The median value for recently sold homes ranges from $5,289,553 in durham to the lowest price of $22,279 in durham. There is 1 cities within 27704. durham has 2596 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 79.57% of properties in 27704.

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      Guide for 27704

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent
      Charlotte Real Estate Soars in April 2024 with Average Values Hitting $409K
      Buy to Rent
      Raleigh Property Values Climb to $460K with Varied Sale Trends Across The Region – April 2024
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019
      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024
      Charlotte Real Estate Soars in April 2024 with Average Values Hitting $409K
      Buy to Rent|posted 16 May 2024
      Raleigh Property Values Climb to $460K with Varied Sale Trends Across The Region – April 2024
      Buy to Rent|posted 13 May 2024

      Recently Listed Homes 27704

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