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Commonwealth Homes for Sale

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  • /5

    $920,000

    Pre-Foreclosure
    • 5 Beds
    • 4.5 Baths
    • 3,469 Sq Ft

    1512 Ivey Dr, Charlotte, NC 28205

    Exceptional Space, Flexibility, and Income Potential! This impressive home offers a rare and versatile layout featuring 5 bedrooms and 4.5 bathrooms.Designed with functionality in mind, the home features two spacious primary suites, providing comfortable accommodations and private retreats. The thoughtful floor plan includes a main-level living area and an additional upstairs living room,

    Agent Photo

    Nancy Braun

    Showcase Realty LLC

    1512 Ivey Dr, Charlotte, NC 28205
  • /39

    $774,000

    $15K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,723 Sq Ft

    1234 Ivey Dr, Charlotte, NC 28205

    Nestled on one of Plaza Midwood's sweetest, quietest tree-lined streets, this beautifully updated 3 bed, 2.5 bath two story home offers the perfect blend of timeless charm and modern comfort just moments from the neighborhood's beloved restaurants, coffee shops, parks and boutiques. Step inside to a beautiful, neutral palette of NEW paint, a freshly remodeled kitchen with quartz counters, gas

    Katie Harrison Ivester Jackson Christie's

    1234 Ivey Dr, Charlotte, NC 28205
  • /48

    $1,699,999

    New Construction Open Sun 1PM - 3PM
    • 5 Beds
    • 4 Baths
    • 3,771 Sq Ft

    1412 Lyon Ct, Charlotte, NC 28205

    Located in Plaza Midwood, this luxury new construction home offers five bedrooms, flexible living spaces, and a level of finish rarely found at this price point, all within one of Charlotte's most vibrant and walkable neighborhoods. With soaring 10-foot ceilings on the main level, designer light fixtures throughout, and an exceptional outdoor living space, every inch of this home reflects an

    Liza Caminiti Ivester Jackson Christie's

    1412 Lyon Ct, Charlotte, NC 28205

Why Live in Commonwealth

Commonwealth in Charlotte is a neighborhood known for its Craftsman homes, walkability and proximity to Plaza Midwood. Established in the early 1900s, Commonwealth features tree-shaded streets lined with single-family homes, including bungalows, cottages and ranch-style houses, many of which have been updated while retaining their original facades. The neighborhood is attractive to young families due to its neighborhood park and the unique Oakhurst STEAM Academy, an elementary school with an outdoor classroom and maker space. Commonwealth offers a more affordable alternative to Plaza Midwood, with home prices ranging from the lower $400,000s for detached homes to over $1 million, and condos and townhouses available at varying price points. Residents enjoy a short 3-mile commute to Uptown Charlotte, with car-free options including Charlotte Area Transit buses and the LYNX Gold Line station, which is about a mile away. The neighborhood's walkability is a significant draw, with easy access to Plaza Midwood's dining and nightlife, including popular spots like Diamond Restaurant, Common Market and Giddy Goat Coffee Roasters. For recreation, Veterans Park offers a playground, splash pad, outdoor gym and sports courts, while the nearby Little Sugar Creek Greenway, Charlotte Country Club and Evergreen Nature Preserve provide additional outdoor activities.

Commonwealth Home Prices vs. Nearby Charlotte, NC Neighborhoods

Commonwealth Wilmore Belmont Optimist Park
Median Home Price
$789,000
$706,500
$700,000
$585,000
Median Sale Price
$622,500
-15% YoY
$675,000
-3% YoY
$687,500
+18% YoY
$570,000
+1% YoY
Median Single Family Price
$947,500
$700,000
$788,388
$750,000
Median Townhouse Price
--
$685,000
$625,000
$561,250
Median Condo Price
$397,000
$495,000
$559,900
$335,000
Total Active Listings
3
21
31
6
Market Conditions
2 Months of Supply
Seller's Market
5 Months of Supply
Balanced Market
7 Months of Supply
Buyer's Market
8 Months of Supply
Buyer's Market

Frequently Asked Questions

Is Commonwealth a good place to live?
Commonwealth is a good place to live, receiving 3.5 stars from its residents. Commonwealth is considered fairly walkable and bikeable with some transit options. Commonwealth is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Commonwealth has 6 parks for recreational activities. It is somewhat dense in population with 8.0 people per acre and a median age of 33. The average household income is $104,380 which is below the national average. College graduates make up 71% of residents. A majority of residents in Commonwealth are renters, with 78% of residents renting and 22% of residents owning their home. A local real estate agent serving Commonwealth can help you decide if this neighborhood is the right one for you. Learn more on our Commonwealth neighborhood guide.
Is Commonwealth, NC a safe neighborhood?
Commonwealth, NC is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Commonwealth?
The median home price in Commonwealth is $789,000. If you put a 20% down payment of $157,800 and had a 30-year fixed mortgage with an interest rate of 6.58%, your estimated principal and interest payment would be $4,020 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $172K a year to afford the median home price in Commonwealth. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Commonwealth is $104K.
What are the best public schools in Commonwealth?
The best public schools that serve Commonwealth are:
What are the best private schools in Commonwealth?
The best private schools that serve Commonwealth are:
What are the most popular zip codes in Commonwealth, Charlotte, NC?
The most popular zip codes in Commonwealth, Charlotte, NC include 28205, 28204, 28207, 28206 and 28269.
What are the most popular neighborhoods near Commonwealth, Charlotte, NC?
The most popular neighborhoods near Commonwealth, Charlotte, NC are Chantilly, Plaza Midwood, Commonwealth Park, Elizabeth and Country Club Heights.
Are home prices dropping in Commonwealth?
Yes, home prices in Commonwealth are down 8% in the last 12 months.
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