$224,900
- 3 Beds
- 1 Bath
- 950 Sq Ft
2516 Abelwood Rd, Charlotte, NC 28216
Stephone Johnson EMJ Realty & Asset Services Inc
Frequently Asked Questions
Is University Park a good place to live?
University Park is a good place to live. University Park is considered car-dependent and somewhat bikeable with some transit options. University Park is a suburban neighborhood. University Park has 7 parks for recreational activities. It is fairly sparse in population with 4.2 people per acre and a median age of 50. The average household income is $51,701 which is below the national average. College graduates make up 9.8% of residents. A majority of residents in University Park are home owners, with 41.3% of residents renting and 58.7% of residents owning their home. A local real estate agent serving University Park can help you decide if this neighborhood is the right one for you. Learn more on our University Park neighborhood guide.
How much do you need to make to afford a house in University Park?
The median home price in University Park is $455,990. If you put a 20% down payment of $91,200 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,360 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $101K a year to afford the median home price in University Park. The average household income in University Park is $52K.
What are the best public schools in University Park?
The best public schools that serve University Park are:
- West Charlotte High School has a C Niche grade, a student teacher ratio of 17:1 and an average review score of 3.5.
- Ranson Middle School has a C Niche grade, a student teacher ratio of 15:1 and an average review score of 3.2.
- Druid Hills Academy has a C Niche grade and a student teacher ratio of 9:1.
What are the best private schools in University Park?
The best private schools that serve University Park are:
- Friendship Day School For Sci. / The Arts has an A Niche grade, a student teacher ratio of 7:1 and an average review score of 5.0.
- Victory Christian Center School has a B+ Niche grade, a student teacher ratio of 7:1 and an average review score of 3.9.
- Berean Junior Academy has a student teacher ratio of 11:1.
What are the most popular zip codes in University Park, Charlotte, NC?
What are the most popular neighborhoods near University Park, Charlotte, NC?
The most popular neighborhoods near University Park, Charlotte, NC are Oakview Terrace, Biddleville, Lincoln Heights, University Park and Oaklawn.
Are home prices dropping in University Park?
Yes, home prices in University Park are down 10% in the last 12 months.
