Durham’s housing market remains surprisingly stable, with median home prices hitting $420,000 in February 2025 – not the inflated $897,759 figure floating around social media. The 5% year-over-year increase shows measured growth, while sales dipped from 218 to 203. Buyers are taking their sweet time, with homes sitting for 44 days on average. Multiple offers still pop up, but negotiations are back in style. The real story lies in Durham’s steady, drama-free market evolution.

Durham’s housing market is showing signs of resilience, with median home prices hitting $420,000 in February 2025. That’s a 5% jump from last year, and honestly, it’s not too shabby considering the economic rollercoaster we’ve been on. The price per square foot crept up by a measly 0.4% – barely enough to notice, but hey, growth is growth.

The market’s still hanging in there, even though sales dipped a bit. Only 203 homes changed hands this February, down from 218 last year. And homes are taking their sweet time to sell – about 44 days on average. Remember when houses used to fly off the market in a week? Those were the days. Some homeowners are taking advantage of cash offers to avoid lengthy selling processes. The area has experienced strong appreciation at 8.66% annually over the past decade.

Durham County as a whole is doing even better, with prices up 6.8% to $424,000. Must be something in the water. The area’s still attracting newcomers, though not as many as before. Total sales dropped from 282 to 272, but who’s counting? Well, actually, we are.

Competition remains decent, if not exactly fierce. Multiple offers are still a thing, though buyers aren’t exactly throwing money at sellers anymore. Some properties – the really hot ones – are still getting snapped up in about 10 days. But most sellers are having to actually negotiate now, with homes typically selling for 2% below list price. Imagine that.

The broader Triangle area keeps drawing interest, with nearly 1% of national homebuyers eyeing Durham. Local house hunters are playing musical chairs too, sometimes looking at nearby spots like Myrtle Beach or Wilmington. Can’t blame them – the beach is nice this time of year.

What’s keeping the market alive? A solid job market, for one. Plus, Durham’s got that whole educated-population thing going for it. Different neighborhoods offer different vibes and price points, and some areas are getting fancy makeovers.

The market’s expected to keep chugging along, though probably without any dramatic fireworks. Just steady, boring growth. Sometimes boring is good.