Durham, NC Real Estate
According to census data in the year 2000 there were 80,872 housing units in Durham.
This represents a 33.4% growth from 60,607 in 1990.
Of those housing units, 79,895 were located in either urbanized areas or urban clusters, and 977 were located in what is classified as a rural area.
Homeownership rate in Durham is about 49%.
Durham's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Durham were built after 1977.
|Housing Units by Size|
|Five Bedrooms or more||1.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.46|
|Median year structure was built||1979|
|Median Value of occupied units||$126,100|
|Median Price asked for vacant units||$120,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.28|
|Median year structure was built||1976|
|Median Monthly Rent asked for vacant units||$591|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||11.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.8%|