Trend of Rental Yield in Durham County, North Carolina

Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates

The key elements in the research are

  1. Median Gross Rent
  2. Median Home Value

 

Our key findings

CountyDurham County
Population 2015288,817
Population 2009256,296
Population % change12.7
Population change rank compared to US227
Population change rank compared to North Carolina12
Median Gross Rent 2015895
Median Gross Rent 2009786
Median Gross Rent % change13.9
Median Gross Rent change rank compared to US1,660
Median Gross Rent change rank compared to North Carolina48
Home Value 2015183,800
Home Value 2009173,200
Home Value % change6.1
Home Value change rank compared to US1,747
Home Value change rank compared to North Carolina51
Rental Yield 20155.8
Rental Yield 20095.4
Rental Yield % change7.3
Rental Yield change rank compared to US1,548
Rental Yield change rank compared to North Carolina47