Durham, NC Foreclosed Homes & Properties

Foreclosure Homes for Sale in Durham, NC: Everything You Need to Know

Durham is a fun-filled, friendly city with an abundance of entertainment options. Old brick buildings that were once tobacco factories have been refurbished into restaurants, apartments, businesses, and local bars with stages to entertain the crowds. 

Duke University is the heart of the city and is a campus worth visiting. The Sarah P. Duke Gardens has stunning garden displays, five miles of walkways with Historic Garden sections, an Asiatic Arboretum and so much more.  

There are annual events happening every month of the year in Durham. Some of the best include the Bull City Food & Beer Experience (March), the Bimbé Cultural Arts Festival (May), the Festival for the Eno (July), and Christmas by Candlelight at Duke Homestead (December).

Local Job Opportunities 

Durham is part of the big Research Triangle Park (RTP), the largest research park in the country, and one of the largest in the world. RTP is located on 7,000 acres in the middle of three major universities and cities: Duke University in Durham, North Carolina State University in Raleigh, and the University of North Carolina at Chapel Hill. Their mission is to generate economic activity, engage the talents of local graduates and citizens, and carry the state forward to ever-greater prominence and prosperity.

The Cost of Living in Durham

The overall cost of living in Durham is 11% lower than the national average. The median home price is $254,698 and the average monthly rent is $797.86. You can expect to pay about $147 for electricity and $156 for your monthly phone bill.  Although food and grocery prices have increased in this city, they are still 4% lower than the national average. The state sales tax rate for North Carolina is 4.75%, and the sales tax rate for Durham County is 2.25%, resulting in a combined sales tax rate of 7.5%.  

Schools and Education 

The Durham Public School district is composed of 30 elementary schools, 9 middle schools, 2 secondary grades (6-12), 10 high schools, 1 alternative school, and a hospital. Student enrollment is 32,928 and there are 2,426 teachers in the district. 

There are several 4-year public and private higher learning institutions in the region. Duke University is located in downtown Durham. North Carolina Central University is 3.2 miles away from the center of the city. The Durham Technical Community College is 3.7 miles away from downtown.