Market Snapshot
- Median listing price
- $442K
- Median rent
- $2,295/mo
- Days on market
- 53 days
- Gross rental yield
- 6.23%
- STR vs LTR
- $1,234/mo STR · $2,295/mo LTR
The median listing price in Durham, NC ZIP 27712 is $442,000 as of August 2026.
The median market rent in Durham, NC ZIP 27712 is $2,295/month as of August 2026.
The median days on market in Durham, NC ZIP 27712 is 53 days as of August 2026. The market is currently neutral.
At a median list price of $442,000 and a median rent of $2,295/month, the gross rental yield in Durham, NC ZIP 27712 is 6.23% as of August 2026.
In Durham, NC ZIP 27712, median Airbnb revenue is $1,234/month compared to median long-term rent of $2,295/month as of August 2026.
Durham, NC 27712 Real Estate Market Report
ZIP Code: 27712
Report Date: August 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Property Taxes
Liquidity & Velocity
Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Durham, NC are averaging 6.77%, reflecting a market environment where rates have remained elevated throughout 2026 compared to the year's February lows of 5.98%.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- $395,000 median sold price is the primary indicator of realized market value in 27712 and appears to represent the recent transaction baseline; use recent sales as the most reliable pricing signal, because the $442,000 median listing price suggests seller ask levels are above recent closed transactions and may create pricing friction at list if not aligned with buyer willingness to pay.
- 53 median days on market points to a slower sales velocity than peak-market conditions and may indicate buyers are taking more time to compare options; moderate transaction velocity suggests sellers should expect longer marketing periods and buyers may have additional negotiation leverage on individual deals.
- $215 median price per square foot provides a consistent unit-value benchmark for comparing nearby SFR and condominium offers; use price-per-square-foot to normalize comparisons across varied product types and to identify outlier listings priced above the representative recent sale metric.
- Interest rate pressure is elevated (current 30-year fixed averaging 6.77% versus February lows of 5.98%), which alongside a flat price year-over-year trend and flat rent trend may constrain buyer purchasing power; investors and owner-occupants should factor higher financing costs into affordability models and underwriting assumptions.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Quick sale indicating strong buyer demand and competitive market conditions.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.69% rate, 0.9% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 8/7/2026
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