Durham, NC Real Estate

According to census data in the year 2000 there were 80,872 housing units in Durham. This represents a 33.4% growth from 60,607 in 1990.

Of those housing units, 79,895 were located in either urbanized areas or urban clusters, and 977 were located in what is classified as a rural area.

Homeownership rate in Durham is about 49%. Durham's vacancy rate, including seasonal lodging, is about 7.2%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Durham were built after 1977.


Housing Size

Housing Units by Size
Studio Type1.90%
One Bedroom18.10%
Two Bedrooms32.50%
Three Bedrooms35.20%
Four Bedrooms10.50%
Five Bedrooms or more1.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.46
Median year structure was built1979
Median Value of occupied units$126,100
Median Price asked for vacant units$120,800

Rented Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1976
Median Monthly Rent asked for vacant units$591

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage9.30%
Home Equity Loan11.60%
Simple Mortgage58.30%
Debt Free20.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.8%