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Friday, July 22, 2022

Your Waxhaw NC Real Estate Questions Answered

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Your Waxhaw, NC Real Estate Questions Answered

In the southeast corner of Union County, you’ll find a fast-growing but charming small town. Waxhaw is one of North Carolina’s top growing municipalities. With a pedestrian-friendly downtown, lots of antique stores, restaurants, and a great location in Charlotte, there are many reasons why people are moving into the community.

Are you thinking about buying a home in Waxhaw, NC? If so, you probably have a lot of questions. In this post, we’ll address some of the most frequently asked questions about Waxhaw real estate.

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

The average price of a home in Waxhaw was $659,500 in May 2022, with 149 homes for sale. However, prices can range from around $61,000 for a vacant residential lot to over $5.6 million for an eight-bedroom, 9.5+-bathroom custom estate home.

The median listing home price in Waxhaw was trending up 25.6% year-over-year. 

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

Condo and townhome properties were in high demand in spring 2022. In May 2022, there were no active condo and townhome properties available for sale. The listing price range for condos and townhomes in Waxhaw over the prior two-month period was $290,000 to $550,000, with primarily townhome listings.

What types of homes are available in Waxhaw, NC? 

There is a wide variety of home types available in Waxhaw. You can find starter homes, luxury homes, new construction homes, historic homes, and more. There really is something for everyone in Waxhaw.

What is the property tax rate for Waxhaw, NC?

Property taxes in Waxhaw are relatively low. In the 2021 tax year, the county tax rate was $0.5855 and the city tax rate was 38.5 cents. Waxhaw also had a $0.0403 Fire District tax. All rates are per $100 of assessed property value. 

Taxes are due on September 1 each year.

What county is Waxhaw, NC in?

Waxhaw is located in Union County, NC. The once highly rural Union County is part of the Charlotte-Concord-Gastonia Metropolitan Statistical Area.

Union County is in between Charlotte, NC, and Rock Hill, SC, and is one of the United States’ fastest-growing counties. It has a strong manufacturing base and is adding new suburbs and developments across its towns. Even as it develops, around 46% of the land here has a farm designation. This means vast land tracts are virtually untouched by urban development. Drive around, and you’ll see many horse barns and pastureland. In 2019, the county was the top producer in the state for wheat and soybeans and third overall in grain crops. 

The county has a wide range of thriving communities, including Monroe, the county seat, home to a fascinating mix of past and current. It’s home to highly regarded Wingate University, a private institution, and the West Campus of South Piedmont Community College on Old Charlotte Highway.

If you’re a new resident of the Charlotte area, most likely you’re interested in living in Union County’s western section, near the county line and Charlotte metro.

The overall cost of living in Union County is 101.5 based on the cost of living index, which assigns a value of 100 to the United States average. Groceries had the lowest cost of living index score (101.5), while health care had the highest (126). All these categories were close to balanced, with differences within a 4-point spread and near to the national measure of 100.

Is Waxhaw, NC growing?

Waxhaw is one of the fastest-growing cities in North Carolina. The population has increased by 108% since 2010, and Union County has seen similar growth. The 2010 Census reported 9,859; in 2020, it reached 20,534 residents.

New residents are drawn to Waxhaw for its small-town charm, excellent schools, and proximity to Charlotte.

What neighborhoods are in Waxhaw, NC?

You have over 140 different neighborhoods and developments to explore in Waxhaw, ranging from townhomes to expansive single-family homes. Some of the most popular neighborhoods in Waxhaw are:

The Reserve at Waxhaw: A luxury home community with 340 houses starting in the $700,000s. Home sizes range from 2,000 to 4,000 sq ft. A homeowner’s association maintains amenities like the clubhouse, swimming pool, playground, walking trails, and pond area. Waxhaw Reserve is located off of Rea Road and has easy access to Charlotte.

Aero Plantation: Aero Plantation is a master-planned neighborhood located near the Charlotte-Douglas Airport. Built with tranquil natural living in mind, there are 38 acres of lakes inside the community, and it has a wildlife sanctuary designation. Lots start at two acres. There is a light aircraft runway and a small hanger.

Wesley Oaks: Wesley Oaks is a newer neighborhood located off of New Town Road within walking distance of the Wesley Village Shopping Center. This community was built in the mid-2000s and has a great location near Waxhaw Elementary School.

Skyecroft: This luxury community was grated with a European style. It is a gated community with a clubhouse, pool, common green areas, walking trails, and tennis courts. The HOA and builders pride themselves on attention to detail.

Hunter Oaks: Developed among horse farms, the community amenities include tennis courts, walking trails, and two swimming pools. Nearby shopping includes the Blakeney Shopping Center and the Stonecrest Shopping Center. Homes tend to be in a traditional style on generous lots.

Providence Downs South: Another upscale community, this neighborhood is a gated, fully amenitized community constructed with old-world charm. Median prices were around $1.2 million in spring 2022.

Whether you’re looking for a luxury home or a more budget-friendly option, a neighborhood in Waxhaw is sure to be perfect for you.

Are there any waterfront properties found in Waxhaw, NC? 

There are no waterfront properties in Waxhaw, NC. However, there are many other beautiful homes and neighborhoods to choose from. Whether you’re looking for a luxury home or a more budget-friendly option, a neighborhood in Waxhaw is sure to be perfect for you.

How is golf in Waxhaw, NC?

The golf scene around Waxhaw is thriving, with plenty of courses to choose from. Whether you’re a beginner or an experienced golfer, you’ll be able to find a course that’s perfect for you.

Some of the most popular courses in the greater area include Stonebridge Golf Club, The Club at Longview, Firethorn Country Club, Providence Country Club, and Carolina Lakes Golf Club.

Are there golf course communities in Waxhaw, NC? 

There are no golf course communities in Waxhaw proper, but you can explore options nearby in Mineral Springs and Weddington.

What areas are near Waxhaw, NC?

Waxhaw is just south of Charlotte, NC. The drive from Waxhaw to Uptown Charlotte is about 30 minutes. In Charlotte, you have access to all the big city amenities, including professional sports teams, world-class dining and shopping, and a vibrant nightlife scene.

One of Union County’s gems is the 1,050-acre Cane Creek Park in Waxhaw, which has 11 miles of hiking, mountain biking, and horseback riding trails. Cane Creek is also home to seven kilometers of pathways for walking, trekking, mountain cycling, boat rentals, ball fields, and playgrounds.

Mineral Springs is a town just east of Waxhaw with just over 1,000 people. This town is home to the historic Mineral Springs Hotel & Spa, built in 1858.

Weddington is north of Waxhaw. It is a southern suburb of Charlotte and is part of the Charlotte metropolitan area. This town has a population of just over 10,000.

County seat Monroe is located west of Waxhaw and is the seat of Union County. This town has a population of just over 36,000.

Pineville is a small city located south of Waxhaw. It is a suburb of Charlotte and part of the Charlotte metropolitan area. This city has a population of just over 12,000.

Just minutes away is the South Carolina border. On the other side, you have the Carolina Lakes Golf Club, the Catawba River, and Walnut Creek Park.

What to know about living in Waxhaw, NC

Waxhaw is a great place to live if you’re looking for a small-town feel with easy access to a big city’s amenities. The town has a thriving downtown area with plenty of shops and restaurants and a lively arts scene. There are also plenty of outdoor activities, from hiking and biking trails to golf courses. And, with Charlotte just a short drive away, you’ll never be bored.

We hope this has answered some of your questions about Waxhaw real estate. If you have any other questions or want more information about buying a home in Waxhaw, please contact us. We’d be happy to help you find your perfect home in Waxhaw.

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Preston Guyton

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