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Durham's Residential Housing Market
Durham's residential housing market features something for everyone. With a median home price of $164,400, homes for sale in Durham have increased approximately 4.49% in recent years. The average age of the population is 31 with an average income is $41,416. Durham real estate is inviting to young professionals, families, students, and anyone else interested in living in a creative, diverse environment. The newer, much sought-after neighborhoods in Southwest Durham are close to Duke University, Research Triangle Park, Chapel Hill, and highway I-40. The nearby Streets at Southpoint Mall offers plenty of shopping, entertainment, and restaurants, and was ranked as one of the "10 Great Places to Spend It All in One Place" by USA Today. Roomy, affordable homes on beautiful lots plus the convenient location make this area highly desirable. Some southwest Durham communities offer amenities such as tennis and pools, and you'll also find town houses and condos in this area. Older neighborhoods also feature a broad selection of homes in this area.
North Durham includes homes in established neighborhoods on large lots and spacious new homes near Eno River. Luxury homes on golf courses and country clubs are also available. Downtown Durham is a wonderful place to consider during your home search if you prefer older homes in areas close to the city's museums, restaurants, dining, cultural festivals, and Duke University. With a variety of bungalows, mansions, and historic residences, downtown Durham realty is sure to provide the character and proximity to diversity and culture you desire. If you're looking for a loft or condo, downtown Durham has many choices, ranging from newer luxury high rises to modest units with great amenities.
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