Durham, NH 03824 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Durham, NH—03824

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$677,000

3.5% YoY Growth

Household Income

$127,000

68.7% YoY Growth

Days on Market

74.0% Shorter YoY

Home Price Forecast

1.6%

Median Rent

$2,000

3.9% YoY Growth

1-Bed Rent

$875

2.9% YoY Growth

2-Bed Rent

$2,000

N/A

3-Bed Rent

$3,850

54.0% YoY Growth

Home Price Trends — Durham, NH

As of Dec '25, the median home price in Durham, NH is $677,000, with a year-over-year change of 3.5%. This indicates that home prices in Durham, NH are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$677,000	3.5%
Single Family	$692,000	3.3%
Condos	$526,000	-1.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

5.7%

1 Bedroom

18.2%

2 Bedrooms

26.6%

3 Bedrooms

15.1%

4 Bedrooms

23.5%

5+ Bedrooms

10.8%

Property Listings — Durham, NH

As of Dec '25, Realtor.com reports that the median days on market for a home in Durham, NH is 37. This is a decrease of -69.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$784,000	66.0%
Listing Count	10	92.0%
Listings as % of Homes	0.1%	92.0%
Days on Market	55	-74.0%

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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%

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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%

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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%

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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

Durham, NH—03824

Key Metrics at a Glance

Home Price Trends — Durham, NH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Durham, NH

% of Rental Stock

Property Listings — Durham, NH

Demographics — Durham, NH

Race and Ethnicity

Mortgage and Risk — Durham, NH

Mortgages

Rentals and Section 8 — Durham, NH

Section 8 Market Size

Section 8 Opportunity

Affordability — Durham, NH

Home Price to Income Ratio

Durham, NH — ZIP Code Boundary Map

Nearby ZIP Codes

Newmarket, NH

Madbury, NH

Dover, NH

Lee, NH

Newfields, NH

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$677,000
Median Household Income	$127,000

Durham, NH—03824

Key Metrics at a Glance

Home Price Trends — Durham, NH

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Durham, NH

% of Rental Stock

Property Listings — Durham, NH

Demographics — Durham, NH

Race and Ethnicity

Mortgage and Risk — Durham, NH

Mortgages

Rentals and Section 8 — Durham, NH

Section 8 Market Size

Section 8 Opportunity

Affordability — Durham, NH

Home Price to Income Ratio

Durham, NH — ZIP Code Boundary Map

Nearby ZIP Codes

Newmarket, NH

Madbury, NH

Dover, NH

Lee, NH

Newfields, NH

Frequently Asked Questions

What is the average home price in Durham, NH 03824?

How have home prices in Durham, NH 03824 changed over the past year?

What is the home price projection for Durham, NH 03824?

What are the demographics of Durham, NH 03824?

How long does it take homes to sell in Durham, NH 03824?

What is the average rent price in Durham, NH 03824?