Professional grm calculator optimized for residential properties in Durham. Local market data shows 5.9% average cap rates and $385,000 median property values.
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The Durham, NC residential real estate market offers unique investment opportunities. With a median home price of $385,000 and average cap rates of 5.9%,residential properties in this market present a stable investment profile.
Current market conditions show properties averaging 28 days on market, with year-over-year appreciation of 5.8%. Average cash-on-cash returns for residential investments in Durham are approximately 9.4%.