Is Durham, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Durham was a Seller's Market.
Housing Prices in Durham, CA
How much do homes in Durham, CA cost?
Median Sold Price
$635,725
$310/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Durham was $635,725 in April 2024, up 5.5% from last year, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $510K | $370.7K | -27.3% |
3 Bedrooms | $530K | $635.4K | +19.9% |
4 Bedrooms | $840K | $800.5K | -4.7% |
5+ Bedrooms | $765K | $814.5K | +6.5% |
Summary: Durham housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 27.3%, 3 bedroom homes increased by 19.9%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
Durham | $602.5K | $635.7K | +5.5% |
Chico | $441.7K | $448.5K | +1.5% |
Housing Supply in Durham, CA
How many homes are available in Durham, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 19 | +11.8% |
Summary: The Durham real estate market had 19 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 6 | 6 | 0.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Durham housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Durham in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Durham, CA
How long does it take to sell a home in Durham, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
72 Days | 63 Days | -13.2% |
Summary: Homes in Durham had an average of 63 days on market in Apr 2024, down by 13.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Durham; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.