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Friday, March 25, 2022

Your Matthews, NC Real Estate Questions Answered

Photos of Matthews North Carolina

Your Matthews, NC Real Estate Questions Answered

Are you looking for information on buying a home in Matthews, NC? You’ve come to the right place! Here, you’ll find all of the most frequently asked questions about the real estate market in this charming North Carolina town near Charlotte.

What is the cost of living in Matthews, NC?

The cost of living in Matthews is reasonable. Sperling’s Best Places Index gave it an overall 107.6 score in 2022. The US average is set at 100, so Matthews is above the national average, but it is less expensive than many major metros. Housing was the most expensive category. The other costs, like groceries, health care, and utilities, were in line with national averages.

What is the crime rate like in Matthews, NC?

The crime rate in Matthews is low compared to national averages. In 2019, the reported crimes were 1.2 times lower than the US average. Crimegrade gave the town a “B,” ranking it in the 65th percentile for safety.

What is the average price of a home in Matthews, NC?

The median list price of a home in Matthews was $437,990 in March 2022. There were 191 listings on the market with an average price per square foot of $206.31.

In March, the most affordable available listing was a townhome for $217,500 with around 1,000 sq ft. The most expensive listing was an estate home with 6,700 sq ft for $1,780,000.

Are there any condos or townhomes available in Matthews, NC?

Yes, condos and townhomes are available in Matthews. These homes offer a great alternative for those who want less maintenance than a single-family home.

In March 2022, 52 condo and townhome properties were listed. The most affordable was a two-bedroom, 2.5-bathroom townhouse for $217,500 with around 1,000 sq ft. The most expensive was a townhome at the Harmony at Matthews with 2,234 sq ft for $461,900.

What is the property tax rate for Matthews, NC?

The property tax rate for Matthews, NC, in the 2021-2022 tax year was $0.295 per $100 of assessed value. At the median March 2022 list price, a home paid the town roughly $1,292.07 in property taxes. In the same taxing year, Mecklenburg County charged $0.6169 per $100 assessed value. The combined rate was $0.9119.

What county is Matthews, NC in?

Matthews is in Mecklenburg County, near the largest city in the state, Charlotte. Mecklenburg is located on the South Carolina and North Carolina border in the Piedmont region of North Carolina. The area has over one million residents. It is recognized throughout the country as a center for major companies, particularly in the finance sector.

The cost of living in the county is comparable to that of the national average, indicating that everything else being equal, most lifestyles can afford to live in this central metro area. The overall cost of living was close to 100 points, with utilities and transportation being less expensive than housing and other items.

Charlotte is known as the “Queen City,” and residents of all ages enjoy a rich lifestyle filled with activities and entertainment. It’s an ideal location for sports fans, artists and culture, and history. Charlotte has been ranked by media outlets including US News & World Report and Niche.com as one of the “Best Places to Live in the United States.”

While Charlotte makes up the majority of Mecklenburg County, there is more to life here than just Uptown and big-city living. Suburbs like Matthews make it easy to enjoy big-city living without living in a dense urban center.

Is Matthews, NC growing?

Yes, Matthews, NC is growing. The 2020 Census counted 29,493 residents, an increase of around 2,000 new residents since 2010. The population is increasing an estimated 1.47% annually. The town forecasts that by 2035, it will have 44,000 residents. It is one of the fastest-growing areas in North Carolina.

What neighborhoods are in Matthews, NC?

There are many great neighborhoods in Matthews, NC. A primarily suburban area, residents are close to the interstate, shopping, and recreation offerings. Some communities have pocket parks or clubhouses.

Fairforest, Staffordshire, and The Forest are some of the more expensive neighborhoods in Matthews based on March listing prices.

Brightmoor, Fairfield Plantation, Forest Ridge, The Heathers, and Windrow are more in line with median home prices and are some of the larger neighborhoods in Matthews.

Historic homes are found around the downtown area, like Park Square, Park Place, and Matthews Park. Interior neighborhoods like Matthews Estates and Pine Forest are well-established neighborhoods.

Developments like Royal Park, Chamber Ridge, and Oakhaven are near the I-485 belt and NC Highway 74, making moving around the Charlotte metro more convenient.

Are there any waterfront properties found in Matthews, NC?

Waterfront properties aren’t common in Matthews. However, some homes have water views of retention ponds and small lakes. The northern communities have borders against Irvine Creek near Idlewild Road Park.

A few other creeks and runs serve as a watershed for Fourmile Creek in the south part of town. It’s possible to find some properties with frontage to these watercourses.

How is golf in Matthews, NC?

Golf is popular in Matthews, NC. Two golf courses are inside the city limits, while another 44 courses are within 20 miles of the town.

The Divide Golf Club is a popular course in the Charlotte area. The 18-hole golf course is named because it stretches between Mecklenburg and Union Counties. John Cassell II designed the course with spacious fairways and water obstacles. Plantings of Diamonds Zoysia greens enable players to play the course even during the heat of summer. Practice facilities, a putting green, and a 30-station turf driving range are available.

Emerald Lake Golf Course is a public course that ranks among the Charlotte area’s best. The 18-hole layout weaves through a heavily wooded area and features open Bermuda fairways with well-manicured Tifway 419 greens. The course is continuously being improved, with the latest improvement being the installation of Champion Dwarf Bermudagrass on the putting surfaces.

What areas are near Matthews, NC?

Charlotte is the largest city in North Carolina and the seat of Mecklenburg County. It’s an epicenter of culture, dining, and entertainment. Its amenities include the Levine Museum of the New South, Discovery Place Science, the Charlotte Symphony Orchestra, and Carolinas Medical Center.

Huntersville is a fast-growing suburb of Charlotte, North Carolina, home to well-known businesses like SABIC Innovative Plastics, Rubbermaid, Pactiv Corporation, Metrolina Greenhouses, Novant Health, Southwire, GM Financial, and Ensemble Health Partners, among others. Its borders include Lake Norman.

Cornelius is a lakeside town located just north of Charlotte in Mecklenburg County, North Carolina. It is a suburb of the city and one of the fastest-growing towns in the state. From here, you can access the expansive Lake Norman.

Stallings is a town across the border in Union County. The population was 15,965 at the 2010 census, up from 12,066 at the 2000 census. It is included in the Charlotte metropolitan area.

Mint Hill is a suburban town in southeastern Mecklenburg County, North Carolina, United States. Located to the north of Matthews, Mint Hill still has a small-town feel with wooded areas and local businesses.

Indian Trail, NC, is a rapidly-growing suburb located just southeast of Charlotte and is part of the Charlotte metropolitan area. It’s the largest town in Union County but still has a small-town feel even as it expands.

What to know about living in Matthews, NC

Living in this charming North Carolina town provides everything you need, and if it doesn’t, it’s conveniently located near Charlotte. Fans of golf will love living here, as there are many golf course communities in the greater area. Living in Matthews is an affordable option if you need to be near Charlotte and desire more bang for your housing dollar.

While Matthews is a great place to live, a few factors to keep in mind. The weather can be quite hot in the summers. Additionally, the town is located in Mecklenburg County, which has one of the highest property tax rates in the state. However, these are just minor inconveniences compared to the many benefits of living in Matthews.

So, if you’re thinking about moving to Matthews, NC, check out all of the great things this town has to offer!

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