Background on Charlotte Real Estate
Charlotte, NC offers a boundless set of choices when it comes to real estate. The city has a large number of new home developments, offering a wide variety of styles, price ranges and floor plans. And for those interested in condo or apartment living, Mecklenburg County offers nearly 100,000 apartment and condo units.
Charlotte also offers many historic homes for sale. Efforts have been made to preserve many of Charlotte’s oldest neighborhoods. For example, Dilworth, a neighborhood of beautiful homes and tree-lined streets has been preserved and today is considered one of the most desirable places to live in the city. Myers Park and Elizabeth are other examples of areas that offer exclusive, historic homes.
Charlotte has been ranked as one of the most affordable housing markets in U.S. News & World Report. And partly due to Charlotte’s status as the nation’s second largest financial center, home loans are available at rates that are quite reasonable by national standards.
For those interested in Charlotte real estate, information on some of the city’s better-known neighborhoods is below:
- Ballantyne: Located in the far southern tip of the city, Ballantyne is a relatively new, mixed-use development. The area contains a large number of high-end homes and retailers.
- Dilworth: Charlotte's first streetcar suburb was developed in the 1800s. Today Dilworth is a popular area for Charlotte-area professionals who are drawn to its shady streets and historic architecture.
- Eastland: Containing the Eastland Mall and the majority of the east side of the Charlotte, Eastland contains some of Charlotte’s more affordable housing.
- Elizabeth: Originally one of Charlotte’s streetcar suburbs, Elizabeth is today one of the most fashionable areas in the city. It is home to Independence Park and Presbyterian Hospital.
- Myers Park: Home to some of the city's most sought-after real estate, Myers Park is known as an excellent place to live. With grand homes, many of which were built in the roaring ‘20s, Myers Park has maintained its original charm.
- NoDa: NoDa is Charlotte’s burgeoning bohemian area and home to many of the city’s artists. The area is known for its abundance of galleries and live music venues. NoDa also features an up-and-coming real estate market, as homeowners are increasingly attracted to the area’s status as an artsy part of town.
- Plaza-Midwood: Plaza-Midwood was originally developed to complement Myers Park and other nearby SouthEnd neighborhoods. While parts of Plaza- Midwood fell into disarray in the 1970s, the area has enjoyed a revival and is today one of the city’s most desirable neighborhoods.
- SouthPark: SouthPark is home to the popular SouthPark Mall. The area contains a large number of fashionable retailers and restaurants, as well as many upscale homes, and is sometimes referred to as Charlotte’s “second downtown.”
- University Area: In the Northeast corner of Charlotte lies the university area, home of the University of North Carolina at Charlotte (UNCC). With a large student population, the area offers affordable housing and good shopping and dining choices.
- Uptown: The uptown area is the city’s center and home to the many skyscrapers that comprise Charlotte’s distinctive skyline. Uptown is also the hub of Charlotte’s nightlife, with many fashionable bars, clubs and restaurants. Many of the city’s cultural attractions are in this part of town.
If you're searching for area homes for sale, here are some subdivisions you may want to check out: