Neighborhood Profile

Placid Valley

Durham, NC | Durham County
Scored premium profile
Best Neighborhoods USA Index
62.8
National rank: #3,146 of 14,967
Stability and Strength
85.7
Score
Value Opportunity
62.6
Score
Momentum
26.3
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationDurham, NC
CountyDurham County
National rank#3,146 of 14,967
State rank#125 of 535
City rank#35 of 107
County rank#34 of 106
National percentile79.0
National bandTOP_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$532,502
Year-over-year home value change-2.2%
Month-over-month home value change-0.09%
Home value to income ratio6.59
Median household income$80,825
Bachelor's degree or higher74.4%
Civilian unemployment rate0.0%
Homeownership rate99.7%
Housing vacancy rate0.0%
Rent burden 30% or higher0.0%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Placid Valley

What is the Best Neighborhoods USA ranking for Placid Valley?

Placid Valley is ranked #35 of 107 eligible neighborhoods in Durham; #125 of 535 eligible neighborhoods in NC; and #3,146 of 14,967 eligible neighborhoods in the United States.

Is Placid Valley one of the best neighborhoods in Durham?

Placid Valley has a Best Neighborhoods USA Index of 62.8 and a city ranking of #35 of 107 eligible neighborhoods in Durham.

How much are homes worth in Placid Valley?

The current Zillow Home Value Index for Placid Valley is approximately $532,502.

Are home values rising or falling in Placid Valley?

Zillow neighborhood values changed -2.2% year over year and -0.09% month over month.

What is the Neighborhood Momentum Score for Placid Valley?

Placid Valley has a Neighborhood Momentum Score of 26.3. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Placid Valley?

The NDS-derived neighborhood median household income is approximately $80,825.

How affordable is Placid Valley relative to household income?

The current Zillow home-value-to-household-income ratio is 6.59. Price-to-income affordability is a major Value Opportunity input.

Is Placid Valley primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 99.7%.

What is the unemployment rate in Placid Valley?

The NDS-derived civilian unemployment rate is approximately 0.0%.

How educated are residents of Placid Valley?

Approximately 74.4% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Placid Valley face high rent burden?

Approximately 0.0% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Placid Valley?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications5
Estimated originations3
Home-purchase applications2
Origination rate69.2%
Home-purchase share49.2%
Average application loan$301,230
Total application loan amount$1,386,401
National application rank#13,864 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 10.9% YoY; originations 14.1% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.