Durham was elected to the National Sports Media Association Hall of Fame on January 16, 2018. He was formally inducted to the Hall during NSMA’s fifty-ninth Award Weekend on June 25, 2018, in Winston-Salem, North Carolina. Durham is one of only two play-by-play announcers to be in inducted in the NSMA Hall of Fame; the other being Larry Munson. Wes Durham, who accepted Durham's Hall of Fame award on Durham's behalf, told the "Winston-Salem Journal" about the establishment of the Woody Durham College Voice Award, also presented during the Award Weekend. Founded by the NSMA, UNC-CH, and Learfield Sports, the award honors college broadcasters.