Durham, NH—03824
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Durham, NH
As of Oct '25, the median home price in Durham, NH is $682,000, with a year-over-year change of 3.7%. This indicates that home prices in Durham, NH are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $682,000 | 3.7% |
| Single Family | $697,000 | 3.4% |
| Condos | $532,000 | -2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $500,000 | 2.5% |
3 Bed | $642,000 | 3.4% |
4 Bed | $743,000 | 4.2% |
| 5 Bed | $776,000 | 2.5% |
% of Housing Stock
Rental Trends — Durham, NH
As of July '25, Rentcast reports the average rent in Durham, NH is $2,240, with a year-over-year rent change of -3.9%. Per bedroom, the median rent as of July '25 in Durham, NH is 1-bedrooms: $1,060, 2-bedrooms: $2,060, 3-bedrooms: $3,850, 4-bedrooms: $2,900. The most common rental property sizes in Durham, NH are 2-bedroom and 4-bedroom, accounting for 26.6% and 23.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,000 | $2,240 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $875 | $1,060 |
| 2 Bed Rent | $2,000 | $2,060 |
| 3 Bed Rent | $3,850 | $3,850 |
| 4 Bed Rent | $2,800 | $2,900 |
% of Rental Stock
Property Listings — Durham, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Durham, NH is 24. This is a decrease of -45.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $755,000 | 33.0% |
Listing Count | 23 | 138.0% |
| Listings as % of Homes | 0.1% | 138.0% |
Days on Market | 24 | -45.0% |
Demographics — Durham, NH
As of the latest ACS Survey released in 2023, Durham, NH has a population of 15,100, which has decreased by -8.4% over the past 5 years. Durham, NH is a less popular place for families, as children make up 10.6% of the population. The area has a highly educated workforce, with 77.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 18.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,100 | -8.4% |
% Under 18 | 10.6% | 21.8% |
% Seniors | 8.8% | 15.8% |
% WFH | 18.3% | 232.7% |
% w/ College Degree | 77.8% | 2.6% |
As of the latest ACS Survey released in 2023, Durham, NH is a predominantly white area, with 86.8% of the population identifying as white. The white population has shrunk by 2.4% in the last 5 years. The second most common race or ethnicity in Durham, NH is asian, making up 3.9% of the population. Foreign-born residents account for 4.6% of the population in Durham, NH, and this percentage has decreased by 42.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 86.8% | -2.4% |
% Black | 0.5% | -37.5% |
% Hispanic | 3.7% | 94.7% |
% Asian | 3.9% | -23.5% |
% Foreign Born | 4.6% | -42.5% |
Mortgage and Risk — Durham, NH
According to HUD data as of 2023, there were 91 mortgage originations in Durham, NH, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 10.0% above 90% LTV (elevated). This implies medium mortgage risk in Durham, NH. Investor activity is low, as 1.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 91 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Durham, NH
As of 2024, the percent of homes in Durham, NH under the Section 8 program is 5.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Durham, NH, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 54 |
Total Units Section 8 | 54 |
% Rentals under Section 8 | 5.3% |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $575 | $875 | $1,450 |
| 2 Bedroom | -$130 | $2,000 | $1,870 |
| 3 Bedroom | -$1,530 | $3,850 | $2,320 |
| 4 Bedroom | -$100 | $2,800 | $2,700 |
Affordability — Durham, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $682,000 |
| Median Household Income | $127,000 |