1 day on Rocket3D tour
$4,097 Closing Credit¹
#10081595, Dennis de Jong, Listing Office: Redfin Corporation
27701 Housing Market Report February 2025•Durham County, North Carolina
Housing Prices in 27701, NC
How much do homes in 27701, NC cost?
Housing Market Conditions
Is 27701, NC a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
27701 is a Buyer's Market
Difference Since February 2024
At the same time last year, 27701 was a Seller's Market.
Insight
27701 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$450,500$300/SqFt
-$29,500
-6.1%
Based on all homes sold in the last 12 months
Insight
Homes in 27701 have sold for 6.1% less than they did a year ago.
Summary: The median home sold price in 27701 was $450,500 in February 2025, down 6.1% from last year, and the median price per square foot was $300.
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $389.6K | $415K | +6.5% |
| 22 Bedrooms | $450K | $387.5K | -13.9% |
| 33 Bedrooms | $467.5K | $408K | -12.7% |
| 44 Bedrooms | $763K | $560K | -26.6% |
| 55+ Bedrooms | $715K | $592.5K | -17.1% |
Summary: 27701 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +6.5%. The home price for 2 bedroom homes decreased by -13.9%. The home price for 3 bedroom homes decreased by -12.7%. The home price for 4 bedroom homes decreased by -26.6%. The home price for 5 bedroom homes decreased by -17.1%.
How does 27701, NC compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
27701, NC
Housing supply in 27701, NC
How many homes are available in 27701, NC?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 111Last MonthFeb 2025 | ||
| 962 months agoJan 2025 | +15.6 % Change MoMJan – Feb |
Summary: The 27701 real estate market had 111 homes for sale in Feb 2025, a 15.6 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 11Last MonthFeb 2025 | ||
| 152 months agoJan 2025 | -26.7 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 13 | 17 | +30.8% |
| 22 Bedrooms | 34 | 32 | -5.9% |
| 33 Bedrooms | 32 | 42 | +31.3% |
| 44 Bedrooms | 10 | 15 | +50.0% |
| 55+ Bedrooms | 7 | 5 | -28.6% |
Summary: 27701 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +30.8%. The inventory for 2 bedroom homes decreased by -5.9%. The inventory for 3 bedroom homes increased by +31.3%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes decreased by -28.6%.
Asking Price vs. Sold Price
How much do homes in 27701, NC cost?
Over Asking Price1 Home
At Asking Price2 Homes
Under Asking Price8 Homes
Insight
If you're buying a home in 27701, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 27701 in February 2025, down by 26.7% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and and 9% were sold over asking.
Days on Market for 27701, NC
How long does it take to sell a home in 27701, NC?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days6 Homes
Over 90 Days4 Homes
Insight
Avg time on Rocket Homes in 27701 has remained consistent over time.
Summary: During February 2025, 11 homes were sold in 27701; 9% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 36% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 118 DaysThis YearFeb 2025 | ||
| 74 Days1 year agoFeb 2024 | +58.7 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 27701 had an average listing age of 118 days in Feb 2025, up by 58.7% compared to the previous year.
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Newest Listings in 27701, NC
What homes are available in 27701, NC?
3 days on Rocket
$3,561 Closing Credit¹
#10081196, Jenne Kendziora, Listing Office: Compass -- Raleigh
4 days on Rocket
$4,144 Closing Credit¹
#10081083, Tonya Felmly, Listing Office: Berkshire Hathaway HomeService
5 days on Rocket
$5,296 Closing Credit¹
#10081061, Martin Verdi, Listing Office: Compass -- Raleigh
5 days on Rocket
$8,526 Closing Credit¹
#10081015, Mark Hove, Listing Office: Nest Realty of the Triangle
6 days on Rocket
$3,266 Closing Credit¹
#10080862, Clay Eaton, Listing Office: Eaton Real Estate Services LLC
7 days on Rocket
$4,571 Closing Credit¹
#10080542, Justin Burleson, Listing Office: Premier Agents Network
7 days on Rocket
$6,234 Closing Credit¹
#10080206, Clay Eaton, Listing Office: Eaton Real Estate Services LLC
$5,225 Closing Credit¹
#10079999, Linda Shaw, Listing Office: Esteem Properties
$5,344 Closing Credit¹
#10079933, Ashley Wilson DeWeese, Bridgette Wilson, Listing Office: Keller Williams Preferred Realty
$4,572 Closing Credit¹
#10079848, Thomas Furlow, Listing Office: Deaton Investment Real Estate
$4,572 Closing Credit¹
#10079835, John Whaley, Listing Office: Frasher Whaley Realty Group
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MLS Disclaimers and Copyright
Based on information from Doorify MLS, for the period 03/01/2023 - 03/01/2025
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Properties subject to prior sale, change, withdrawal or rental. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 3:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.