Median home price in Durham: $340,000. Property tax rate: 1.06%. Get mortgage estimates, affordability analysis, and local market insights.
Population
283,506
Median Home Price
$340,000
Property Tax Rate
1.06%
Median Income
$62,432
Cost of Living
100/ 100
The median home price in Durham, NC is $340,000. Prices vary considerably by neighborhood, with some areas commanding premiums well above the median. Comparing the median price to the local median household income of $62,432 gives you a price-to-income ratio that helps gauge overall affordability.
Homeowners in Durham pay an effective property tax rate of 1.06%. On a home priced at $340,000, that translates to thousands of dollars per year. Factor in homeowners insurance, potential HOA fees, and maintenance costs when budgeting for your purchase.
With the median home price at $340,000, most buyers in Durham will need a mortgage. A 20% down payment would be significant in this market. Get pre-approved early and compare rates from multiple lenders. Our mortgage calculator can help you estimate monthly payments based on current rates.
Durham offers a range of neighborhoods from urban cores to suburban enclaves. The overall cost of living index of 100 reflects the average, but specific neighborhoods can differ widely. Research school ratings, commute times, and future development plans before choosing where to buy.
Use our free calculator with Durham-specific data already filled in.
Open Durham CalculatorPlanning a move to Durham? Cost of living index: 100/100. Median home: $340,000. Median income: $62,432. Get the full relocation breakdown.
Durham cost of living index: 100/100 (100 = national avg). Median home $340,000, median income $62,432. See housing, groceries & more.
Median household income in Durham: $62,432. Cost of living index: 100/100. See how far your salary really goes and compare local job market data.
Property tax rate in Durham: 1.06%. Median home price: $340,000. Calculate your annual bill, compare to state averages, and find exemptions.
Should you rent in Durham? Cost of living index: 100/100. Median income: $62,432. See how much rent you can afford and where to look.
What does commuting cost in Durham? Population: 283,506. Median income: $62,432. Compare transit, driving, and biking options with real local data.
Median home in Durham: $340,000. Tax rate: 1.06%. Compare Durham neighborhoods by price, schools, and lifestyle to find the right fit.