Durham, NC home prices
Typical home $401,581 · -2.5% in a year · income needed $112,600
The Durham, NC metro area ranks 151 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -2.5% in a year and +19.1% over five years. With 20% down at 7.11%, the typical home costs about $2,628 a month including 0.79% property tax (Durham County rate).
Mortgage on the typical Durham home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $80,316 | $321,265 | $2,161 | $0 | $467 | $2,628 | $112,600 |
| 10% down | $40,158 | $361,423 | $2,431 | $151 | $467 | $3,048 | $130,600 |
| 5% down | $20,079 | $381,502 | $2,566 | $159 | $467 | $3,192 | $136,800 |
| 3.5% down (FHA) | $14,055 | $394,307 | $2,653 | $178 | $467 | $3,297 | $141,300 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.79% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Durham area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Durham County, NC | $384,848 | -3.7% | 0.79% |
| Orange County, NC | $494,660 | -2.0% | 0.91% |
| Chatham County, NC | $558,465 | +0.3% | 0.64% |
| Granville County, NC | $315,433 | -0.6% | 0.67% |
| Person County, NC | $246,547 | +4.6% | 0.62% |
What can you afford in North Carolina on your salary? · North Carolina home prices · Salaries in North Carolina
Frequently asked questions
How much is a house in Durham?
The typical home in the Durham, NC metro area is worth $401,581 (Zillow, September 2026).
What salary do you need to buy a house in Durham?
About $112,600 a year for the typical home with 20% down at 7.11%.