Median Home Price
$394,861.43
Median Rent
$1,628.1/mo
Price-to-Rent Ratio
20.2
Property Tax RateTIE
0.84%
Price Change (1Y)
-1.7%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$235,303
Median Home PriceBETTER
$277,642.65
Median RentBETTER
$1,544.89/mo
Price-to-Rent RatioBETTER
15.0
Property Tax RateTIE
0.84%
Price Change (1Y)BETTER
+0.8%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$127,059
Key Differences
Home Prices
Durham's median home price of $394,861.43 is higher than Winston-Salem's $277,642.65 by 42%.
Monthly Rent
Renting in Durham costs $1,628.1/mo compared to $1,544.89/mo in Winston-Salem—a difference of $83.21/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.