Why Live in Colonial Village
Colonial Village in Charlotte is a neighborhood characterized by 1950s ranch-style homes with red brick exteriors, split-levels on sloped lots, and newly built homes with Tudor-inspired designs. The area is experiencing significant development, including new apartment buildings along South Boulevard, which has led to some construction-related inconveniences for residents. Despite its lush tree cover and the presence of Little Hope Creek, Colonial Village lacks public green spaces, though nearby parks like Sedgefield Park and Park Road Park offer recreational options. Sedgefield Park features playgrounds, a walking path, and sports courts, while Park Road Park, about 3 miles south, includes a large playground, walking trail, and sports fields. The neighborhood is adjacent to the vibrant LoSo district, known for its trendy restaurants, breweries, and live music venues. Popular spots include Burr & Berry Coffee, Taco Boy, and The Olde Mecklenburg Brewery & Biergarten. For shopping, residents frequent Harris Teeter and Publix, with additional options at Park Road Shopping Center, 2 miles east. Colonial Village is about 3 miles south of Charlotte’s Center City, with the Scaleybark light rail station providing convenient access to public transit. The neighborhood is within 2 miles of major highways and 7 miles from Charlotte Douglas International Airport. The local schools, including Dilworth Elementary - Latta Campus, Myers Park High, and Charlotte Country Day School, are highly rated, making the area appealing to families.
Frequently Asked Questions
Is Colonial Village a good place to live?
Colonial Village is a good place to live, receiving 4.3 stars from its residents. Colonial Village is considered somewhat walkable and somewhat bikeable with some transit options. Colonial Village is a suburban neighborhood. Colonial Village has 7 parks for recreational activities. It is fairly sparse in population with 5.1 people per acre and a median age of 36. The average household income is $178,750 which is above the national average. College graduates make up 62.2% of residents. A majority of residents in Colonial Village are home owners, with 36.2% of residents renting and 63.8% of residents owning their home. A
local real estate agent serving Colonial Village can help you decide if this neighborhood is the right one for you. Learn more on our
Colonial Village neighborhood guide.
How much do you need to make to afford a house in Colonial Village?
The median home price in Colonial Village is $254,500. If you put a 20% down payment of $50,900 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,320 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $57K a year to afford the median home price in Colonial Village. The average household income in Colonial Village is $179K.
What are the best public schools in Colonial Village?
The best public schools that serve Colonial Village are:
What are the best private schools in Colonial Village?
The best private schools that serve Colonial Village are:
What are the most popular zip codes in Colonial Village, Charlotte, NC?
What are the most popular neighborhoods near Colonial Village, Charlotte, NC?
Home Trends in Colonial Village, NC
On average, homes in Colonial Village, Charlotte sell after 13 days on the market compared to the national average of 70 days. The median sale price for homes in Colonial Village, Charlotte over the last 12 months is $220,000.
Median Sale Price
$220,000
Median Single Family Sale Price
$248,500
Average Price Per Sq Ft
$172
Number of Homes for Sale
4
Last 12 months Home Sales
11
Median List Price
$254,500
Median Change From 1st List Price
0%