Why Live in Newell
Newell, a suburb in Charlotte, provides a peaceful residential atmosphere close to the University of North Carolina at Charlotte. This neighborhood, adjacent to the University area and Harrisburg, attracts those looking for a mix of suburban tranquility and urban convenience. Development began in the 1990s, featuring a variety of New Traditional and Craftsman-style homes, with some townhouses appearing recently. Residents benefit from the nearby Reedy Creek Park and Nature Center, a 927-acre preserve with trails, historical sites, and recreational facilities like a disc golf course and cricket ground. The park is popular for both relaxation and family outings. Dining options are plentiful, with local favorites such as Harbor Inn Seafood and family-owned restaurants in nearby Harrisburg. Entertainment venues like the Charlotte Motor Speedway and PNC Music Pavilion are within easy reach. Newell is well-connected, with Uptown Charlotte just 10 miles away and easy access to Interstates 85 and 485. The LYNX Blue Line offers convenient travel options, and airports are a short drive away. While local public schools are available, the area also offers various charter and magnet school choices. Overall, Newell combines suburban living with easy access to Charlotte's attractions and amenities.
Home Trends in Newell, NC
On average, homes in Newell, Charlotte sell after 49 days on the market compared to the national average of 51 days. The median sale price for homes in Newell, Charlotte over the last 12 months is $346,500, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$346,500
Median Single Family Sale Price
$365,500
Median Townhouse Sale Price
$311,125
Average Price Per Sq Ft
$210
Number of Homes for Sale
52
Last 12 months Home Sales
112
Median List Price
$362,495
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
0%