$300,000
- 3 Beds
- 2 Baths
- 1,450 Sq Ft
715 Patterson Rd, Durham, NC 27704
Bruce Clayton Griffin Associates REALTORS
$300,000
715 Patterson Rd, Durham, NC 27704
Bruce Clayton Griffin Associates REALTORS
Durham's cultural scene centers around the Durham Performing Arts Center, which hosts Broadway shows and concerts, while the historic Durham Bulls Athletic Park provides classic baseball entertainment. The American Tobacco Campus serves as a social hub with riverside relaxation and year-round events. Nature lovers frequent the 55-acre Sarah P. Duke Gardens and Eno River State Park's extensive trail network. The local food scene features upscale dining at NanaSteak and Counting House, alongside beloved casual spots like Pizzeria Toro and Dame's Chicken & Waffles.
The Durham housing market presents diverse options across price points. The median sale price for homes stands at $428,000, with single-family homes at $460,000 and townhomes at $379,000. Condominiums range from $217,000 for one bedroom to $342,000 for two bedrooms. Trinity Park commands the highest median single-family home prices at $700,000, followed by Forest Hills at $747,000. More moderate options exist in Woodcroft, where the median single-family price is $465,000.
Durham's cost of living sits 1.4% below the national average. A family with school-age children needs $104,000 annually to live comfortably, while single renters require $58,000. The property tax rate of 0.84% compares favorably to Chapel Hill's 0.96% but exceeds Raleigh's 0.72%. The education landscape includes highly rated public schools like Durham School of the Arts and private institutions such as Durham Academy. Duke University and North Carolina Central University add to the academic environment. Commuters benefit from GoDurham bus service and direct access to Raleigh-Durham International Airport, while cyclists utilize the city's expanding network of bike lanes and shared-use paths.
On average, homes in Durham, NC sell after 40 days on the market compared to the national average of 54 days. The median sale price for homes in Durham, NC over the last 12 months is $415,000, down 2% from the median home sale price over the previous 12 months.
Durham homebuyers often seek modern layouts, quiet outdoor space, and styles that balance comfort with character.