|
|
||||||||||||||||
|
The city of Durham, North Carolina is situated in the northeast section of the famed Piedmont Region of the state. The gentle rolling hills and spectacular greenery that are characteristic of the area provide a spectacular natural backdrop to daily life. Durham is located just twenty miles from the Virginia border and an approximate two-hour drive from the Atlantic Ocean. For residents, this means that Durham is not only a great place to live and work, but makes the city a wonderful jumping-off point to the rest of the region. Durham has become a wildly popular relocation destination over the past decade, and has attracted some of the nation's best and brightest to the area. Newcomers to Durham find an incredibly strong local economy, an affordable overall cost of living, and a wealth of amenities and services at their disposal. This has made Durham an equally attractive relocation destination for singles, seniors, and families alike.
Durham has developed into one of America's medical, technological, and research hubs. Now called the "City of Medicine, USA", Durham is home to over three hundred medical and healthcare companies. It is estimated that nearly one in three Durham residents is employed in a medical-related field. And this mid-sized city boasts no fewer than six world-class hospitals, including the Duke University Hospital, Duke Children's Hospital, Durham Regional, Durham V.A. Medical Center, Lenox Baker Children's Hospital, and the North Carolina Eye and Ear Hospital.
The city also maintains one of the most unique and cutting-edge facilities anywhere in the world. Durham's Research Triangle Park is nearing its fifty-year anniversary. What began as the largest university research center on the globe is today a cutting-edge research hub. Nearly 150 different biomedical and technology firms maintain a presence here, with such recognizable names as IBM, Bayer, and GlaxoSmithKline. Among the over 45,000 people working within the Research Triangle Park, some have developed products ranging from Astroturf to life-saving drugs, and some have won Nobel Prizes for their efforts. This incredibly strong economic base proves that Durham is a city that is not only leading the nation on a number of important fronts, but is poised to only continue its upward growth. For locals, this means access to a variety of significant employment options and, thanks to the presence of such noted universities as Duke and North Carolina Central, enjoy all the benefits of living in a vibrant university town as well. Newcomers to Durham are often delighted to discover that the city's affordable cost of living extends to its housing market as well. While homeowners in Durham have experienced a steady and strong appreciation of their homes' values over the years, this is a versatile housing market. This means that buyers in all price ranges will find something to suit them. So whether you are looking for a cozy cottage or a sprawling executive estate, Durham has just the home for you!
Recent real estate reports indicate that the lower end of Durham, North Carolina's real estate market currently starts at a listing price of approximately $20,000 for a small single-family "starter" or "fixer-upper" style home. A three-bedroom, two-bath single-family home in Durham now starts at a listing price of around $30,000 for a "starter" home. The median listing price for a three-bedroom, two-bath home in Durham, North Carolina is currently $249,000.
For those seeking the utmost in gracious living, Durham also offers some magnificent dream homes to explore. Real estate prices in Durham, North Carolina currently top out at a listing price of $3,200,000 for a five-bedroom, five-bath home with nearly eight thousand square feet of living space. At this price point, you will find a two-story home, built in 1925, on over three acres of land. Truly, there is something for everyone in Durham!
With so much to offer, it is little wonder that folks are flocking to Durham. From its top-rated schools to its strong job market, newcomers to Durham are thrilled with their new hometown! If you are thinking about moving, consider all that Durham, North Carolina has to offer. To learn more, simply request our free relocation packet today! |
|||||||||||||||