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Commonwealth

Commonwealth

3.5
$739,593 Average Value
$389 Average Price per Sq Ft
4 Homes For Sale

Commonwealth offers access to Plaza Midwood without the price tag

Commonwealth emerged in the early 1900s, when streetcars ran up and down Central Avenue. Today, the neighborhood is sought after for its Craftsman-style homes, walkability and proximity to Plaza Midwood. Here, you get access to some of the city’s top dining and nightlife spots at a much more appealing price point than you'll find in Plaza Midwood. A neighborhood park and a STEAM-focused elementary school draw young families, and commuters have car-free options to reach Uptown, just 3 miles away.

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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A mix of older and newer homes on tree-shaded streets

Lofty oak and maple trees form a canopy over the residential streets of Commonwealth, where you’ll find single-family homes from the 1920s through today sitting close together on lots that are usually less than a third of an acre. Craftsman bungalows, cottages and ranch-style homes are most common, featuring brick, stone or shingle accents. Many of the original homes are around 2,000 square feet or less. “A lot of times, people will add on. They’ll modify, renovate, update the interiors, but keep the exteriors, at least the facades,” says Tami von Isakovics, a Realtor with Helen Adams Realty. “Due to the desirability of the neighborhood, people want to live here, but they don’t always want a small house. They need a little more space.”

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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Lower home prices than trendy Plaza Midwood

The median sale price here is around $620,000, well above Charlotte ’s median. Here’s how home prices break down by type:

  • Condos typically fall in the upper $300,000s.
  • Townhouses range from the upper $500,000s to the lower $600,000s.
  • Detached homes start in the lower $400,000s and can reach more than $1 million.
Home prices tend to be significantly higher in Plaza Midwood, where the median is nearly $1 million, and much lower in neighboring Commonwealth Park, where the median is less than $500,000.

A unique elementary school and highly rated private options close by

Public school assignments here include Oakhurst STEAM Academy, a first-of-its-kind elementary school for Charlotte-Mecklenburg Schools, featuring an outdoor classroom with a garden and a maker space. It feeds into Eastway Middle School, which feeds into Garinger High School. Students can also apply to one of the district's magnet schools through the annual Program Choice Lottery. The highly rated Providence Day School and Charlotte Country Day School are nearby private options.

Welcome to Oakhurst STEAM Academy.
Welcome to Oakhurst STEAM Academy.
A view of the entrance to Eastway Middle School.
A view of the entrance to Eastway Middle School.
The neighborhood is zoned to Garinger High School.
The neighborhood is zoned to Garinger High School.
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A walkable neighborhood with short commutes to Uptown

“It’s very well located between Plaza Midwood and Elizabeth and next to Chantilly,” says von Isakovics, who adds that Commonwealth’s walkability is a big draw. “There’s not a major highway going through there, so you can easily walk around. You’ll see people walking their dogs and walking around with strollers.” With U.S. Route 74 to the south and Central Avenue to the north, the neighborhood offers a short 3-mile commute into Uptown and quick access to the city’s highway system. You can easily hop on a Charlotte Area Transit bus, and a LYNX Gold Line station is about a mile away. If you prefer cycling, there are several bike-friendly streets, such as McClintock Road.

Commonwealth locals enjoy quick and convenient interstate access for travel around Charlotte.
Commonwealth locals enjoy quick and convenient interstate access for travel around Charlotte.
Uptown is just 3 miles away.
Uptown is just 3 miles away.
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The Plaza-Midwood entertainment district is steps away

Plaza Midwood has the city's only social district, where of-age adults can barhop with a cocktail in hand. “You still have that neighborhood feel, but you’re minutes from some of the best coffee shops, restaurants and breweries,” says Anthony Swain, a Realtor with Monarch Group Realty. Popular spots include Diamond Restaurant, a mainstay known for its large selection of diner fare, and Common Market, which 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 a post-work crowd for happy hours with live music. Petra’s is also popular for live music, with an outdoor stage and a small backroom art gallery.

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.
Plaza Midwood is home to some of Charlotte's most popular locally owned restaurants.
Plaza Midwood 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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From tennis matches in Veterans Park to greenway bike rides

Veterans Park is in the heart of the neighborhood, offering families a playground and a 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. There are plenty of other places to enjoy the outdoors nearby, including:

  • The Little Sugar Creek Greenway, where you can bike for several miles along a paved path
  • Charlotte Country Club, which features an 18-hole Donald Ross-designed golf course open to members
  • Evergreen Nature Preserve, where you can hike along quiet trails 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 is a great place to enjoy some sports activities with friends.
Veteran's Park 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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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

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
3.0 Niche User
7/24/2014 Niche Review
The houses are kind of close to each other, but doesn't seem to be a problem. Only thing that is a problem I would say is once I found a man sitting on my porch like he lived here, but I spoke to him and asked him to keep it moving and one of the owner from the business next to my home came out to check the situation. Other than that no problem.
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 4 4
Sexual Assault 5 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 5 4
Motor Vehicle Theft 5 4
Larceny 5 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
304
Number of Homes for Sale
4
Median Year Built
1942
Months of Supply
3.20
Average Single Family Home Size Sq Ft
1,754
Below the national average
1,933
Average Townhouse Size Sq Ft
2,096
Average 2 Bedroom Size Sq Ft
1,074
Average 1 Bedroom Size Sq Ft
763
Median Lot Size Sq Ft
10,236

Open Houses

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,750
Median Single Family Home Rent
$1,949
Median 3 Bedroom Single Family Home Rent
$1,700
Median Townhouse Rent
$2,600
Median 3 Bedroom Townhouse Rent
$2,600
Median Condo Rent
$2,238
Median 2 Bedroom Condo Rent
$2,238

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
$79,597
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
64.9%

Weather

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

Area Factors

Fairly bikeable

Bikeability®

50 / 100

Moderately walkable

Walkability®

70 / 100

Some public transit

Transit®

40 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

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