NAICS 53

Real Estate and Rental and Leasing in Durham-Chapel Hill, NC

Metro Market Score 40.8 (Moderate), ranked #149 of 330 metros. 890 establishments, 4,082 jobs.

Metro Market Assessment

Metro Market Score 40.8
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

Lower is better. Relative to national real estate and rental and leasing average.

💰High-Cost Market📈Rapid Growth

Durham-Chapel Hill ranks in the upper half for real estate and rental and leasing market conditions, driven by above-average employment growth. With a market score of 40.8, conditions are relatively favorable compared to most metros.

Industry Concentration
47.9
LQ: 0.77
Rank #158 of 330 metros
Wage Competitiveness
83.3
$68,584 avg wage
Growth Trend
82.4
Employment growth index
Rank #59 of 330 metros
Wage Pressure
13.3
YoY wage change index

890 Real Estate and Rental and Leasing Firms in Durham-Chapel Hill

890
Establishments
+0.9% YoY
4,082
Total Employment
+5.0% YoY
$68,584
Average Annual Wage
+0.8% YoY
0.77
Location Quotient
Below national avg

Durham-Chapel Hill vs North Carolina Statewide

How this metro's real estate and rental and leasing market compares to North Carolina overall. The state ranks #23/51 for entry risk.

Measure Durham-Chapel Hill NC Statewide
Overall Score 40.8 Moderate 38.1 Moderate
Score Type Metro Market Score Entry Risk Score
Rank #149 of 330 metros #23 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Durham-Chapel Hill

Real Estate and Rental and Leasing in Other North Carolina Metros

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Durham-Chapel Hill's real estate and rental and leasing sector, the wage competitiveness component (83.3) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.