Why Live in Tuscaloosa-Lakewood
Sought after in the early 1900s for its trolley line access and its nearby amusement park, South Durham’s Tuscaloosa-Lakewood neighborhood continues to be in demand for homebuyers today. The neighborhood's name is derived from the Lakewood Dairy farm, which stretched from Chapel Hill Boulevard to Ward and James Streets during the first half of the 20th century. “It’s a cool historic neighborhood,” says Marie Brockenbrough, a longtime Durhamite and Realtor with Inhabit Real Estate. “Most homes were built in the 1920s through the 1960s; it has great proximity to downtown while still feeling bucolic with tree-lined streets.” Whether trying a new dish at one of the trendy restaurants nearby, picking up craft supplies at the Scrap Exchange or enjoying a live band at the neighborhood music venue, Tuscaloosa-Lakewood residents appreciate the arts. Mature trees shade many of the single-family homes in Tuscaloosa-Lakewood, which sit alongside wide streets. The neighborhood has a growing collection of Craftsman-style bungalows and Four Squares, but there are also Colonial Revivals, cottages, midcentury modern designs and ranch-style homes. From bright paint colors to custom landscaping,
Home Trends in Tuscaloosa-Lakewood, NC
On average, homes in Tuscaloosa-Lakewood, Durham sell after 16 days on the market compared to the national average of 51 days. The median sale price for homes in Tuscaloosa-Lakewood, Durham over the last 12 months is $493,672, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$493,672
Median Single Family Sale Price
$475,000
Median Townhouse Sale Price
$700,000
Average Price Per Sq Ft
$327
Number of Homes for Sale
6
Last 12 months Home Sales
26
Median List Price
$485,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%