Durham Housing Update: Sales Slow, Inventory Limited Ahead of Spring
Durham, CT – March 10, 2026 – Home sales slowed in January as prices dipped year-over-year, while active listings remain limited heading into spring.
Durham Housing Market Update
The local market is entering spring with fewer closed sales and a wide range of asking prices across a small pool of listings.
Top takeaways
- Median sale price was $365K in January, down year-over-year.
- Only three homes sold in January, with longer average market times.
- Roughly nine active listings, including new construction and large land parcels.
Market snapshot
According to Redfin data for January 2026, the median sale price in Durham was $365,000, a 50.8% decrease compared to January 2025. Just three homes closed during the month, and median days on market stretched to 70 days, up from a year earlier. The small number of transactions can amplify price swings in a town with limited inventory.
Zillow’s home value index places the average Durham home value near $479K, up 4.6% over the past year, underscoring the difference between long-term valuation trends and month-to-month sales activity.
What’s for sale
Active listings currently span entry-level to estate-scale properties. Examples on the market include:
- A four-bedroom home listed around $450K.
- New construction priced near $879K.
- Large acreage and farm-style properties listed above $2M.
With roughly nine homes available, buyers have some choice but still face limited overall supply. Higher-end and land listings make up a notable share of current inventory.
State context
Statewide data from the Connecticut Comptroller’s February 2026 economic update shows 2025 was among the slowest years for existing home sales since 2012, even as overall annual sales edged slightly higher than 2024. Low inventory and elevated mortgage rates have continued to temper activity across many towns.
As spring listings begin to emerge, the key question is whether additional supply will stabilize prices and increase transaction volume locally.
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