Is It Worth It to Live In Durham, NC?

Jan 19, 2021

If you think it’s time to sell your home, you’re likely looking for a new city to move to. Durham, North Carolina, could be a great place for you and your family! This town is great for first-time homebuyers, empty nesters, retirees, and everyone in between! If it’s time for…

Written By Offer Hut

If you think it’s time to sell your home, you’re likely looking for a new city to move to. Durham, North Carolina, could be a great place for you and your family! This town is great for first-time homebuyers, empty nesters, retirees, and everyone in between! If it’s time for you to sell your home in North Carolina and head to Durham, here are a few things to keep in mind before you pack your bags.

 

 

Can I Find a Job?

One of the most important things to consider when moving to a new city is the job market. Luckily, it’s easy to get a job in and around Durham no matter what field you’re in. Durham is part of what’s referred to as the “Research Triangle,” along with Raleigh and Chapel Hill. As such, there is plenty of opportunity for employment at the three nearby universities, or if you get a non-university job in another city, you’ll have a reasonable commute. U.S. News reports that the Raleigh/Durham area has a lower unemployment rate and a higher annual average income when compared to the national averages.

 

 

How Much Do Homes Cost?

Homes in Durham are not unreasonably priced, with Zillow reporting a typical home value in the city of $269,287 as of January 2021. This figure does mark a 7% increase from the same time last year, but Zillow also predicts that home prices in the city will likely increase by about 9.7% in the next year. This continuous increase in home values could be good news when it comes time to sell your house in Durham!

 

 

What Can I Do Nearby?

As a college town, Durham has plenty to see and do. Of course, the local universities are always holding interesting events that the entire community can enjoy. Nature lovers can also thrive in Durham with attractions like the Eno River State Park, the Museum of Life and Science, and the Sarah P. Duke Gardens. Bennett Place and the Stagville State Historic Site are great for history buffs, while the American Tobacco Trail and Lake Crabtree County Park are some of the most exciting nature sites in the area. Besides entertainment, Durham also has all the amenities you’d expect of a top-notch city. Durham is home to Duke Regional Hospital, which is considered among the best hospitals in the country, as well as plenty of restaurants, shops, grocery stores, and everything else you might be searching for.

 

 

When you’re preparing to buy a home in North Carolina, Durham is an excellent town to consider. The job market is promising, the housing values only keep increasing, and there are plenty of entertainment options for every interest. Whether you’re moving from across the country or you’ve decided to sell your house in North Carolina and relocate just a couple hours away, Durham is a great choice!

Testimonial

What our clients are saying

Sarah D. (Durham, NC)

“The Sell Triangle team really knows their stuff. As a seller in a difficult situation, I was able to not only get a great cash offer for my home, but we were able to close in just a few weeks! I would highly recommend this company for anyone trying to sell their house fast.”

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