Established in the 1950s for the middle-class families in the area, Madison Park has evolved into a fantastic, family-friendly neighborhood full of lovingly maintained and renovated older homes.
Park Road and South Boulevard border the neighborhood to the east and west. Its north is bordered roughly by E. Woodlawn Road, and Tyvola Road marks the southern boundary.
One of the great brick ranches that sold in Madison Park in 2015.
Park Road Shopping Center is within walking distance, and SouthPark Mall is just a short drive away. Most of your daily necessities and shopping are likely within a mile or two of Madison Park. For nightlife, Montford Drive is literally across the street and has destinations like Duckworth’s Grill & Taphouse and Brazwell’s Premium Pub.
Many of the homes in the neighborhood are brick or partial brick ranches, but there are some two-story and split-level residences. Some of the renovated homes have added modern touches, such as double-sink enlarged master baths, granite counters and wider plank wood floors.
True to the era they were built, the homes are smaller than modern trend dictates. Most are less than 2,000 square feet, but there are some homes in the 2,500-square-foot range.
Currently, there are 22 homes listed for sale in Madison Park. Sixteen of the homes are under contract as of Feb. 24. An average of 10.5 homes sold per month in Madison Park during the last 12 months. That puts the neighborhood inventory at an impressive 2 months, well below the 3.6 months average for Charlotte.
The average sales price of a Madison Park home is $272,389 for the last 12 months. Expect to pay about $160 per square foot for a home there.
One hundred twenty-six homes sold in Madison Park during the last 12 months for an average of 98.2% of list price.
The neighborhood schools are Pinewood Elementary, Sedgefield Middle School and Harding University High School.
Madison Park is a desirable neighborhood for its location, charm and potential. Buy a renovated ranch or find a diamond in the rough. Original owners are making way for younger families in a quiet neighborhood that is close enough to keep you connected to the city life!