Why Live in Madison Park
Madison Park in Charlotte, North Carolina, is characterized by its simple, neat home styles, many with colonial influences and 1970s ranch-style brick houses. The neighborhood features spacious front and backyards shaded by decades-old oaks. Single-family homes range from 1,000 to over 3,500 square feet, while condos and townhomes are also available. Madison Central Park, located behind the elementary school, offers a disc golf course and playground, while the 80-acre Marion Diehl Park includes outdoor exercise equipment, tennis courts, a playground, and an indoor pool. Freedom Park, a few miles away, provides additional green spaces. Park Road Shopping Center, within walking distance for many residents, features notable spots like J. Crew Factory, AMC Park Terrace movie theater, Harris Teeter, and dining options such as CAVA and Shake Shack. SouthPark Mall, the largest shopping hub in Charlotte, is just 2 miles away. The Madison Park Neighborhood Association organizes events like monthly socials, summer block parties, and National Night Out. The neighborhood is 5 miles south of Uptown Charlotte and accessible via CATS bus, The Lynx light rail Blue Line, and Billy Graham Parkway, which connects to Charlotte Douglas International Airport, 8 miles away. Schools in the area include the highly rated Alexander Graham Middle School and Myers Park High School.
Frequently Asked Questions
Is Madison Park a good place to live?
Madison Park is a good place to live, receiving 4.3 stars from its residents. Madison Park is considered car-dependent and somewhat bikeable with some transit options. Madison Park is a suburban neighborhood. Madison Park has 6 parks for recreational activities. It is somewhat dense in population with 7.3 people per acre and a median age of 35. The average household income is $109,004 which is above the national average. College graduates make up 74.6% of residents. A majority of residents in Madison Park are renters, with 56.6% of residents renting and 43.4% of residents owning their home. A
local real estate agent serving Madison Park can help you decide if this neighborhood is the right one for you. Learn more on our
Madison Park neighborhood guide.
How much do you need to make to afford a house in Madison Park?
The median home price in Madison Park is $430,800. If you put a 20% down payment of $86,200 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $96K a year to afford the median home price in Madison Park. The average household income in Madison Park is $109K.
What are the best public schools in Madison Park?
The best public schools that serve Madison Park are:
What are the best private schools in Madison Park?
The best private schools that serve Madison Park are:
What are the most popular zip codes in Madison Park, Charlotte, NC?
What are the most popular neighborhoods near Madison Park, Charlotte, NC?
Home Trends in Madison Park, NC
On average, homes in Madison Park, Charlotte sell after 55 days on the market compared to the national average of 70 days. The median sale price for homes in Madison Park, Charlotte over the last 12 months is $435,000, up 45% from the median home sale price over the previous 12 months.
Median Sale Price
$435,000
Median Single Family Sale Price
$450,000
Median Townhouse Sale Price
$810,615
Median 2 Bedroom Sale Price
$265,000
Average Price Per Sq Ft
$237
Number of Homes for Sale
3
Last 12 months Home Sales
32
Median List Price
$430,800
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
45%