27704 — Durham County, North Carolina Market Snapshot
Housing market data for zip code 27704 in Durham County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
142 sales in 2026 (year to date)
Median Sale Price
$317,250
Days to Sell
41
Homes Sold
142
Inventory
141
Sale-to-List
97.8%
New Listings
174
Price/SqFt
$198
Pending Sales
156
Conforming Loan Available
Most homebuyers in 27704 can comfortably use conventional financing. The median home price of $317,250 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
27704's market is balanced with homes taking an average of 41 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 27704 sells for 2.2% below asking price (97.8% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 27704 can comfortably use conventional financing. The median home price of $317,250 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 27704 are set at the county level.
2026 Loan Limits — Durham County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $634,800 |
| 2 Units | $1,066,250 | $812,650 |
| 3 Units | $1,288,800 | $982,300 |
| 4 Units | $1,601,750 | $1,220,800 |
Affordability Snapshot — Zip 27704
To purchase the median home at $317,250 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,581.
Monthly Payment
$2,581
Income Required
$110,600
Principal & Interest
$1,955/mo
Down Payment (5%)
$15,863
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 27704.
Estimated Monthly Payment
$2,113
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