Compare: Touchstone Village/Elm Lane vs Charlotte

Home Values in Touchstone Village/Elm Lane and Charlotte

Touchstone Village/Elm Lane

Charlotte

Zillow Home Value Index

$234,400

$133,000

1-Year Change

+7.2%

+3.7%

Median List Price

$219,700

$188,000

Median Sale Price

$155,000

$202,600

Total Homes Sold in Mar

13 homes

982 homes

Touchstone Village/Elm Lane, Charlotte tends to be more expensive for home buyers than Charlotte, NC. During the last year, Touchstone Village/Elm Lane home values have risen by 7.2%, while Charlotte home values have risen by 3.7%. The median sale price in Touchstone Village/Elm Lane is $155,000, but the median listing price was $219,700, a 29.4% discount. Meanwhile in Charlotte, the median selling price is $202,600, and the starting price had a median of $188,000, a 7.8% increase. In March, Touchstone Village/Elm Lane home sellers managed to move 13 houses, while Charlotte saw 982 transactions.

Demographics in Touchstone Village/Elm Lane and Charlotte

Touchstone Village/Elm Lane

Charlotte

Population

2,227

683,151

Median Household Income

$52,418

$46,975

Median Age

Homes with Kids

27.9%

28.2%

Average Household Size

2.3

2.5

Average Commute Time (Minutes)

At $46,975, the median income in Charlotte is $5,443 less than in Touchstone Village/Elm Lane, and $2,463 higher than the national average. Touchstone Village/Elm Lane has a younger median age, at 33, compared to 34 in Charlotte, and a longer average commute. The average commute in Charlotte is 26 minutes and the average commute in Touchstone Village/Elm Lane is 28 minutes.