Data Dialogue with Omer Ali, Nick Datto, Pei Yi Zhuo: Race and Home Values in Durham, NC: 1940-2020

We examine the relationship between race and home values in Durham, NC across two units of analysis: the address and census tract. We use historical address-level data from the 1940 full count census as well as contemporary home value data from CoreLogic, a data set of recent home sales. To study census tracts, we relied on summary data from the decennial censuses as well as the American Community Survey. We find that home values are strongly associated with the racial composition of areas. Homes in black neighborhoods are worth significantly less than homes in white neighborhoods, and they accumulate less value over time. Furthermore, within the same area, black home-owners consistently occupy the least valuable homes.
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https://duke.zoom.us/j/96797492251