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Commonwealth

Commonwealth

Suburban Neighborhood in Charlotte, North Carolina

Mecklenburg County 28205

Neighborhood Reviews
3.5
$738,128 Average Value
$409 Average Price per Sq Ft
8 Homes For Sale

A small community with views of the Charlotte skyline

Commonwealth emerged in the early 1900s, when streetcars ran up and down Central Avenue. Today, the neighborhood, located just 3 miles from Uptown Charlotte, is sought-after for its Craftsman homes and walkability. “Commonwealth is on the outskirts of Plaza-Midwood, which is a very popular restaurant and entertainment district,” says Jennifer Vick, a Realtor with Compass who has lived and sold houses in the Charlotte area since 2000. Renters, homeowners and temporary military residents affiliated with Charlotte’s U.S. Army Reserve Center. Next to Veterans Park in the heart of the city, the facility draws soldiers from around the area and other states to complete their monthly reserve duty.

Enjoy the view from the Commonwealth neighborhood with Uptown Charlotte in the distance.
Enjoy the view from the Commonwealth neighborhood with Uptown Charlotte in the distance.
Classic bungalows are the most common style of home in Commonwealth.
Classic bungalows are the most common style of home in Commonwealth.
Stop by The Workman's Friend for a relaxing pint and bite next time you visit Commonwealth.
Stop by The Workman's Friend for a relaxing pint and bite next time you visit Commonwealth.
The Commonwealth neighborhood is only a few miles south of Uptown Charlotte.
The Commonwealth neighborhood is only a few miles south of Uptown Charlotte.
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The Plaza-Midwood entertainment district is blocks away

Commonwealth’s walkability is a big draw. The neighborhood is next to the colorful Plaza-Midwood, Charlotte’s only social district, where people 21 and up can have open alcoholic drinks as they walk around. “People like it because the goal is to minimize the amount of traffic while people are out and drinking,” says Jennifer Monroe, a Realtor with Compass, who’s lived in Charlotte for 12 years. This bustling stretch of Central Avenue features various shops, bars, restaurants and entertainment venues connected by red brick sidewalks. “Diamond and Common Market are big long-term anchor businesses,” Monroe says. With roots dating back to 1945, Diamond features a large selection of American diner fare, while Common Market, established in 2002, wraps up sandwiches and convenience items to go. Giddy Goat Coffee Roasters is the spot for breakfast burritos and lattes. In the evening, The Rabbit Hole draws in a post-work crowd for happy hours with live music from punk and blues to EDM and hip-hop. Petra’s is also popular for live music, featuring an outdoor stage and a small backroom art gallery. Harris Teeter fulfills everyday grocery needs.

Plaza Midwood is an area with lots of shopping and dining for Commonwealth locals to enjoy.
Plaza Midwood is an area with lots of shopping and dining for Commonwealth locals to enjoy.
Commonwealth is home to some of Charlotte's most popular locally owned restaurants.
Commonwealth is home to some of Charlotte's most popular locally owned restaurants.
In Commonwealth, locals enjoy walking the streets of many restaurants and bars.
In Commonwealth, locals enjoy walking the streets of many restaurants and bars.
Commonwealth brings many small and local retail businesses like the popular Moxie Merchantile.
Commonwealth brings many small and local retail businesses like the popular Moxie Merchantile.
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Modern Craftsman builds and Cape Cods on tree-shaded streets

Lofty oak and maple trees form a canopy over the two-lane residential streets of Commonwealth. Single-family homes, built from the 1920s through today, sit close together on lots less than 1/3 acre. Properties feature small front yards framed by sidewalks and short driveways. “Most of the homes are on the smaller side, typically 2,000 square feet or less,” Vick says. However, a few newly constructed houses along Saint George Street are nearly 4,000 square feet. Modern Craftsman, ranch-style homes and Cape Cods are most common, typically featuring brick, stone or shingle accents. Prices range from $400,000 for a single-story bungalow to over $1 million for a two-story build. There are also condo units starting in the $300,000s and newly built townhouses in the $600,000s. Potential buyers should note that Commonwealth homes sell significantly faster than the national average, typically after a week on the market.

Large trees line the streets and provide shade in the Commonwealth neighborhood.
Large trees line the streets and provide shade in the Commonwealth neighborhood.
Commonwealth is home to streets filled with traditional Southern charm.
Commonwealth is home to streets filled with traditional Southern charm.
Bungalows are popular in the Commonwealth neighborhood of Charlotte.
Bungalows are popular in the Commonwealth neighborhood of Charlotte.
A classic bungalow home in the Commonwealth neighborhood.
A classic bungalow home in the Commonwealth neighborhood.
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Veterans Park offers various ways to stay active

Next to the U.S. Army Reserve Center is Veterans Park. This large central green space features a playground and splash pad. It’s a popular place for exercise, with an outdoor gym, a hilly disc golf course, baseball diamonds, tennis courts and basketball courts. The Little Sugar Creek Greenway is nearby, connecting several area parks with nearly 4 miles of wide, paved path. The private Charlotte Country Club offers the closest golf course. The 18 holes, designed by golf legend Donald Ross, traverse tree-dotted hills and the winding Briar Creek. Untouched nature is found at the 77-acre Evergreen Nature Preserve, where trails meander through a thick forest, offering visitors a place to hear and spot migratory birds.

Families especially enjoy the popular Veteran's Park with multiple play areas and more.
Families especially enjoy the popular Veteran's Park with multiple play areas and more.
Veteran's Park in Plaza Midwood is a great place to enjoy some sports activities with friends.
Veteran's Park in Plaza Midwood is a great place to enjoy some sports activities with friends.
Commonwealth residents can enjoy the beautifully impressive Charlotte Country Club in the area.
Commonwealth residents can enjoy the beautifully impressive Charlotte Country Club in the area.
Commonwealth residents have access to great outdoor spaces like the Little Sugar Creek Greenway.
Commonwealth residents have access to great outdoor spaces like the Little Sugar Creek Greenway.
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Learning at Charlotte-Mecklenburg Schools

Oakhurst STEAM Academy earns a B-minus from Niche. The STEAM-focused elementary school is a first-of-its-kind for Charlotte-Mecklenburg Schools and features an outdoor classroom with a garden and a maker space for students to design and create. Eastway Middle receives a C and is one of the most diverse schools in the district, with a student body representing over 16 countries. Garinger High earns a C and has an active group of alumni that fundraises scholarships for current students through the Garinger Education Foundation. Providence Day School and Charlotte Country Day School are nearby private options, both earning A-plus ratings.

Welcome to the Oakhurst STEAM Academy.
Welcome to the Oakhurst STEAM Academy.
The Eastway Middle School in Charlotte has a 15 to 1 student teacher ratio.
The Eastway Middle School in Charlotte has a 15 to 1 student teacher ratio.
Garinger High School in Charlotte is ranked 440th within North Carolina.
Garinger High School in Charlotte is ranked 440th within North Carolina.
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Short drives into Charlotte’s Center City

With U.S. Route 74 to the south and Central Avenue to the north, Commonwealth offers a short 3-mile commute into Uptown Charlotte and quick access to the city’s highway system. “Most people are driving to Uptown for work. We also have some of the hospitals down Pecan Avenue where it changes to Caswell Road,” Monroe says. Charlotte Area Transit System buses loop around the neighborhood, stopping on Central and Commonwealth avenues. Several bike-friendly streets, such as McClintock Road, provide routes for cyclists. Charlotte Douglas International Airport is about 10 miles west.

Commonwealth locals enjoy quick and convenient interstate access for travel around Charlotte.
Commonwealth locals enjoy quick and convenient interstate access for travel around Charlotte.
Commonwealth is an area filled with unique shopping, dining and fun filled community streets.
Commonwealth is an area filled with unique shopping, dining and fun filled community streets.
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DeeVa Payne
Written By
DeeVa Payne
Justin Stapp
Photography Contributed By
Justin Stapp
Britt Lyle
Video By
Britt Lyle

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Nicole McAlister, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Charlotte/Douglas International

20 min drive

Bus

The Plaza & Mcclintock Rd

Bus

Commonwealth Ave & Hanover St

Bus

Commonwealth Ave & Lorna St

Bus

Commonwealth Ave & Bascom St

Bus

Commonwealth Ave & Morningside Dr

Bus

Commonwealth Ave & Westover St

Reviews

Niche Reviews
3.5 4 Reviews
4.0 Niche User
7/24/2014 Niche Review
I enjoy the atmosphere because the people are friendly and its always something to do in the area. The food is great and different and shopping is great. If I could do it again I would move here that is, wish I had a bigger place, but can't afford to move into a bigger place in this area at a price in my budget. Overall this area makes you feel good coming home, plus its peaceful.
Are you familiar with the Commonwealth neighborhood? to let others know what life in this neighborhood is like.

Crime and Safety

1 - Low Crime, 10 - High Crime Commonwealth US
Homicide 5 4
Sexual Assault 5 4
Assault with Weapon 5 4
Robbery 5 4
Burglary 5 4
Motor Vehicle Theft 6 4
Larceny 6 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$705,000
Median Single Family Price
$907,500
Median Townhouse Price
$585,000
Median 2 Bedroom Price
$477,500
Median 1 Bedroom Price
$349,900
Average Price Per Sq Ft
$409
Number of Homes for Sale
8
Last 12 months Home Sales
18
Months of Supply
5.30
Median List Price
$722,500
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
-4%

Home Facts

Number of Homes in Neighborhood
290
Median Year Built
1942
Avg. Single Family Home Size Sq Ft
1,745
Below the national average
1,937
Average Townhouse Size Sq Ft
2,096
Average 2 Bedroom Size Sq Ft
1,039
Average 1 Bedroom Size Sq Ft
763
Median Lot Size Sq Ft
10,018

Open Houses

  • Sunday, May 4
    12 - 2pm

    1421 Lyon Ct, Charlotte, NC 28205

    $1,000,000

    • 3 Beds
    • 2.5 Baths
    • 2,360 Sq Ft
    • 1421 Lyon Ct
    • New 1 day ago

    Welcome to this Craftsman style home situated in a prime Plaza Midwood location. With views of Veterans Park from the back deck! Convenient access to premier dining, shopping and commercial developments on Central Avenue. Enjoy serene summer nights on the backyard patio with added fire pit and multiple seating areas, including a large back deck with views of the park. The interior features

    Jake Meinberg Costello Real Estate and Investments LLC

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  • Saturday, May 3
    10am - 12pm

    1317 Queen Lyon Ct, Charlotte, NC 28205

    $540,000

    • 3 Beds
    • 4 Baths
    • 1,952 Sq Ft
    • 1317 Queen Lyon Ct

    Welcome to Plaza Midwood's Morningside Mews! Just minutes from the heart of Plaza Midwood, this prime location offers unmatched walkability to local breweries such as Resident Culture, coffee shops and grocery stores, the popular Milk Bread and Supperland restaurants, and just 5 minutes to the new state of the art fitness center, The Health Club. With the upcoming Commonwealth development, this

    Daina Brundrett Helen Adams Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Nicole McAlister, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,889
Median Age
33
Population Density
8 ppl/acre
Population under 18
18%
Below the national average
23.8%
Population over 65
3.7%
Below the national average
19.1%

Finances

Median Household Income
$84,767
Above the national average
$71,702
Average Household Income
$104,380

Education and Workforce

High School Graduates
99.9%
College Graduates
71%
Significantly above the national average
34.1%
Advanced Degrees
21.2%
% Population in Labor Force
86.6%
Above the national average
65.1%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
32°F
Average Summer High Temperature
90°F
Annual Snowfall
4''

Area Factors

Somewhat Bikeable

Bike Score®

36 / 100

Somewhat Walkable

Walk Score®

68 / 100

Some Transit

Transit Score®

45 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Commonwealth