Callonwood Homes for Sale | Matthews NC
Callonwood Homes for Sale
You can find resort-style living in Matthews NC. Discover Callonwood, where a landscaped traffic circle invites you into the neighborhood. Across the circle, the Callonwood amenity center beckons you to try out the water slide or to just lounge around the pool on a hot summer day. Use the information on this page to search Callonwood homes for sale and learn about Callonwood home values.
Callonwood is a resort-style Matthews NC community.
Callonwood Home Values
Are you a single looking for your first home? An empty nester wanting to downsize into a one-level home? Or a family with children needing a home with plenty of bedrooms and space? You'll find the perfect home for every lifestyle among Callonwood's approximately five hundred homes.
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Callonwood homes for sale include attached townhomes, charming bungalows, pretty two-story homes with craftsman details and elegant estate homes with brick fronts or full-brick facades. The homes line winding streets with pocket parks and common areas providing natural areas for residents' enjoyment.
Charming homes line the winding streets and pocket parks in Callonwood.
Callonwood construction began in 2003 and most of the neighborhood was finished by 2010. The last homes were completed in 2014. Three builders were active in the community: Westport Homes, MI Homes and Orleans. Most homes are single family homes but there is an attached townhome section near the amenity center and pool.
Callonwood Single Family Homes
Many Callonwood homes have vinyl exteriors with stone and shingle accents.
Front porches welcome you to the craftsman style homes in Callonwood. Homes for sale come in all sizes. You can find homes as small as 1300 square feet or as large as 3000 square feet in the older section of the neighborhood.
The average heated area is approximately 2700 square feet. All single family homes have one or two-car garages.
Many Callonwood homes are perfect for Matthews active adults and seniors.
If you are looking for one-level, low-maintenance living, you may find the perfect ranch home. Some sections of the neighborhood have small lots where yard work is kept to a minimum. Sidewalks make the community very walkable.
Callonwood offers one-level, low-maintenance living for baby boomers and empty nesters.
Callonwood has a section of estate homes with brick fronts and larger lots.
Need a larger home for your family? You'll find it in the estates section of the community. Here you will find two and three-story homes that range from 3000 to over 5000 square feet in size. These homes will have five and six bedrooms.
Callonwood Townhomes
If a totally maintenance-free home is your preference, Callonwood offers beautiful townhomes. These attached two-story homes offer handsome craftsman styling with stone accents. Each townhome includes a detached two-car garage with rear alley access.
The smallest floorplan in the Callonwood Townhomes has 1000-1100 square feet heated. The largest has slightly over 1500 square feet. The largest units include a first floor master suite.
The townhomes are within walking distance of the amenity center and swimming pool. Home values for the townhomes have risen in recent years like the single family homes.
Callonwood townhomes provide no-exterior-maintenance living.
Callonwood Home Values Report
How much do Callonwood homes cost?
Median Sales Price for Single Family Homes
The table on the right shows the median sales price for single family homes in Callonwood from January 2018 through January 2023. The median sales price increased over 82% between these dates.
Growth in the Callonwood median sales price escalated between 2020 and 2023 increasing 67% from February 2020 to February 2023.
Year (January) | Median Sales Price |
|---|---|
January 2018 | $302,000 |
January 2019 | $310,000 |
January 2020 | $328,250 |
January 2021 | $351,424 |
January 2022 | $430,000 |
January 2023 | $550,000 |
Median Sales Price for Townhomes
The median sales price for Callonwood townhomes grew more rapidly from January 2018 through January 2023 than the single family homes. The median price was up 75% by January 2023.
Callonwood townhome median prices were up 35% between 2020 and 2023.
Year (January) | Median Sales Price |
|---|---|
January 2018 | $171,000 |
January 2019 | $187,750 |
January 2020 | $206,000 |
January 2021 | $221,000 |
January 2022 | $270,000 |
January 2023 | $300,000 |
Click here to find out what your Callonwood home is worth.
Does Callonwood have a buyer's market or a seller's market?
Year | Homes Sold | Months Supply (January) |
|---|---|---|
2018 | 32 | 2.5 |
2019 | 27 | 1.5 |
2020 | 28 | 1.5 |
2021 | 30 | 0.3 |
2022 | 24 | 0.5 |
2023 | 22 | 0.6 |
The table at the left shows how many single family homes were sold in Callonwood each year since 2018. It shows sales declining in 2022 and 2023. This low level of inventory is characteristic of the entire Matthews NC real estate market and accounts for price increases because of demand.
To determine whether, Callonwood has a buyer's market or a seller's market, the number of homes available must be compared to the number of homes sold. This comparison results in month's supply of homes.
Generally, a seller's market has fewer than five months of supply, a balanced market has five to seven months of supply and a buyer's market has more than seven months of supply. Callonwood's supply of homes had decreased over the years until dropping to a third to half of a month in 2021-2023. Clearly the neighborhood is in a seller's market. The price appreciation of Callonwood homes reflects the seller's market.
How long will my Callonwood home be on the market?
Average days on market and the list to sale ratio provide more evidence that Callonwood home values have risen in the past four years. In 2018, it took almost about a month on average for a Callonwood home to go under contract. By 2021-23, median days on market had dropped to 3-5 days.
How close will my sales price be to the asking price?
Callonwood homes sold higher relative to the asking price as days on market declined. In 2018, a homeowner could expect to negotiate 4% to 5% off the asking price. By 2023, the average list to sale ratio was 105% meaning that many homes sold above asking.
Year (January) | Days on Market | List to Sale Ratio |
|---|---|---|
2018 | 33 | 96.0% |
2019 | 11 | 99.5% |
2020 | 20 | 97.7% |
2021 | 3 | 100.0% |
2022 | 4 | 101.6% |
2023 | 5 | 105.1% |
Callonwood Amenities
Callonwood's resort-like lifestyle is evident when you drive into the neighborhood. A pretty parkway leads you to a landscaped traffic circle dominated by the community's two-story clubhouse. This clubhouse is the centerpiece of an amenity center that includes a beautiful swimming pool. The neighborhood's townhomes as well as many of its single family homes are within walking distance of the amenity center.
A variety of social activities take place at the amenity center. Clubs include a book club, WOW (Women on Wednesdays), and the Callonwood Bunco Club. The neighborhood also has a swim team.
Common areas near the back of the neighborhood include the Callonwood Residents Park. Here you will find a playground/picnic area and sports fields for baseball and soccer.
Two homeowners associations serve Callonwood residents. The Callonwood Homeowners Association covers the entire neighborhood. HOA committees include the Architectural Review Committee, Lighting and Landscaping, Pool and Swim Team and Social. The townhome section is governed by the Callonwood Townhome association as well.
The Callonwood entrance features a beautiful amenity center.
The swimming pool is located behind the two-story clubhouse.
Callonwood common areas include a playground and sports fields.
Beautiful wooded common area surrounds the community sports fields
Location
A great location is one of the reasons so many people search Callonwood homes for sale. You'll find the neighborhood in Stallings, adjacent to the Town of Matthews. This location in Union County is perfect for someone who wants a quiet location with neighborhood amenities conveniently near community shopping and recreational opportunities. Nearby Interstate 485 offers access to other parts of the Charlotte area.
Several community shopping centers with grocery stores, pharmacies and restaurants are just minutes away. A short drive takes you into quaint downtown Matthews with its parks, festivals, farmers market, library, restaurants, taprooms and other shops. Learn more about living in Matthews here.
Schools
The public schools serving Callonwood are part of the Union County Public Schools (USPS). Callonwood students are currently assigned to Indian Trail Elementary, Sun Valley Middle School and Sun Valley High School. Pupil assignment is always subject to change. Be sure to check with UCPS for current assignment.
Several charter and private schools are also within a few miles of Callonwood. Additionally, child care and pre-school facilities are available within a few miles of the community.
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