Why Live in Patterson Place
Patterson Place in Durham, NC, features a variety of housing options, including apartments, condos, townhomes, and standalone single-family homes. Home styles range from 1980s townhomes to modern farmhouse-style new builds. The neighborhood is known for its parks, such as Old Chapel Hill Park, which offers a multiuse athletic field, basketball court, greenway access, and a playground. The Five Oaks Recreational Association provides amenities like an outdoor pool, hiking trails, pickleball courts, and a fitness center. Leigh Farm Park, with its historic 19th-century buildings and the Piedmont Wildlife Center, adds a touch of history and nature. Shopping is convenient with New Hope Commons Mall and Patterson Place shopping center nearby, featuring big box stores like Walmart and Home Depot, and dining options such as First Watch and Carrabba’s Italian Grill. For a more upscale dining experience, Elements Restaurant & Wine Bar in Chapel Hill is about 5 miles away. Downtown Durham and Chapel Hill are both approximately 7 miles from Patterson Place, making commuting easy via US Route 501 and I-40. Research Triangle Park, a major employment hub, is about 11 miles away. Jordan High, a highly rated school, serves older students and offers a variety of Advanced Placement courses. The neighborhood's crime rate is lower than the national average, contributing to its appeal for families and professionals alike.
Home Trends in Patterson Place, NC
On average, homes in Patterson Place, Durham sell after 31 days on the market compared to the national average of 51 days. The median sale price for homes in Patterson Place, Durham over the last 12 months is $455,000, down 14% from the median home sale price over the previous 12 months.
Median Sale Price
$455,000
Median Single Family Sale Price
$720,000
Median Townhouse Sale Price
$414,000
Average Price Per Sq Ft
$242
Number of Homes for Sale
11
Last 12 months Home Sales
126
Median List Price
$455,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-14%