Why Live in Commonwealth
Commonwealth in Charlotte is characterized by its tree-lined streets and a mix of home styles, including Modern Craftsman, ranch-style, and Cape Cod homes. Most houses are under 2,000 square feet, with some newer constructions reaching nearly 4,000 square feet. The neighborhood features small front yards and sidewalks, contributing to its walkability. Commonwealth homes tend to sell quickly, often within a week. Veterans Park is a central green space with amenities like a playground, splash pad, outdoor gym, and sports courts. The nearby Little Sugar Creek Greenway offers nearly 4 miles of paved paths connecting multiple parks. The private Charlotte Country Club provides a golf course designed by Donald Ross, and the Evergreen Nature Preserve offers trails through a 77-acre forest. Commonwealth is adjacent to Plaza-Midwood, Charlotte’s social district, known for its shops, bars, and restaurants along Central Avenue. Notable spots include Diamond diner, Common Market, Giddy Goat Coffee Roasters, and live music venues like The Rabbit Hole and Petra’s. Harris Teeter serves grocery needs. The neighborhood is conveniently located 3 miles from Uptown Charlotte and 10 miles from Charlotte Douglas International Airport. Public schools include Oakhurst STEAM Academy, Eastway Middle, and Garinger High, with nearby private options like Providence Day School and Charlotte Country Day School, both highly rated. Commonwealth is safer than the national average, making it a practical choice for families and professionals alike.
Home Trends in Commonwealth, NC
On average, homes in Commonwealth, Charlotte sell after 85 days on the market compared to the national average of 70 days. The median sale price for homes in Commonwealth, Charlotte over the last 12 months is $530,000, up 13% from the median home sale price over the previous 12 months.
Median Sale Price
$530,000
Median Single Family Sale Price
$530,000
Median 2 Bedroom Sale Price
$1,294,500
Average Price Per Sq Ft
$347
Number of Homes for Sale
3
Last 12 months Home Sales
18
Median List Price
$579,000
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
13%