Neighborhood Profile

Old East Durham

Durham, NC | Durham County
Scored premium profile
Best Neighborhoods USA Index
16.5
National rank: #14,824 of 14,967
Stability and Strength
20.0
Score
Value Opportunity
17.7
Score
Momentum
9.2
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationDurham, NC
CountyDurham County
National rank#14,824 of 14,967
State rank#528 of 535
City rank#105 of 107
County rank#104 of 106
National percentile1.0
National bandLOWER_25_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$296,272
Year-over-year home value change-4.4%
Month-over-month home value change-0.50%
Home value to income ratio8.98
Median household income$32,975
Bachelor's degree or higher24.6%
Civilian unemployment rate8.8%
Homeownership rate53.5%
Housing vacancy rate21.3%
Rent burden 30% or higher72.1%

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 Old East Durham

What is the Best Neighborhoods USA ranking for Old East Durham?

Old East Durham is ranked #105 of 107 eligible neighborhoods in Durham; #528 of 535 eligible neighborhoods in NC; and #14,824 of 14,967 eligible neighborhoods in the United States.

Is Old East Durham one of the best neighborhoods in Durham?

Old East Durham has a Best Neighborhoods USA Index of 16.5 and a city ranking of #105 of 107 eligible neighborhoods in Durham.

How much are homes worth in Old East Durham?

The current Zillow Home Value Index for Old East Durham is approximately $296,272.

Are home values rising or falling in Old East Durham?

Zillow neighborhood values changed -4.4% year over year and -0.50% month over month.

What is the Neighborhood Momentum Score for Old East Durham?

Old East Durham has a Neighborhood Momentum Score of 9.2. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Old East Durham?

The NDS-derived neighborhood median household income is approximately $32,975.

How affordable is Old East Durham relative to household income?

The current Zillow home-value-to-household-income ratio is 8.98. Price-to-income affordability is a major Value Opportunity input.

Is Old East Durham primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 53.5%.

What is the unemployment rate in Old East Durham?

The NDS-derived civilian unemployment rate is approximately 8.8%.

How educated are residents of Old East Durham?

Approximately 24.6% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Old East Durham face high rent burden?

Approximately 72.1% 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 Old East Durham?

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 applications58
Estimated originations37
Home-purchase applications28
Origination rate62.8%
Home-purchase share48.6%
Average application loan$226,921
Total application loan amount$13,213,889
National application rank#6,629 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.7% YoY; originations 7.5% 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.