Why Live in Silverwood
Silverwood in Charlotte is a rapidly growing neighborhood, appealing to first-time homebuyers with its newer homes and competitive prices. Located on the city's east end, Silverwood offers convenient access to Interstate 485 and Albemarle Road, making it easy for residents to reach Uptown Charlotte, Plaza Midwood, and NoDa within 25 minutes by car. The neighborhood features a mix of Colonial Revival, New Traditional, split level, and ranch-style homes, most built after 2000, with townhouses also available. Streets are lined with sidewalks, creating a pedestrian-friendly environment perfect for walking pets and meeting neighbors.
Local dining options include Mr. Charles Chicken and Fish, known for its soul food and weekend live DJs, and Big Al’s Pub and Grubberia, which offers a variety of American dishes. Shopping is convenient with stores like Target, Lowe’s, and Walmart along Albemarle Road, and a Food Lion near Interstate 485. For things to do, residents can enjoy the 18-hole Charles T. Myers Golf Course or explore Reedy Creek Park, which features 10 miles of trails, a fishing pier, picnic shelters, an interactive nature center, and a treehouse-themed playground. The Box Escape Experience offers a fun indoor activity with themed puzzle rooms.
While public transportation options are limited, with only the 46x Harrisburg Road Express operating during rush hour, the neighborhood's proximity to major roads provides easy access to the city's amenities.
Home Trends in Silverwood, NC
On average, homes in Silverwood, Charlotte sell after 56 days on the market compared to the national average of 70 days. The median sale price for homes in Silverwood, Charlotte over the last 12 months is $882,050, up 141% from the median home sale price over the previous 12 months.
Median Sale Price
$882,050
Median Single Family Sale Price
$614,550
Median Townhouse Sale Price
$329,000
Average Price Per Sq Ft
$293
Number of Homes for Sale
4
Last 12 months Home Sales
10
Median List Price
$625,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
141%