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Market Report for Cornelius

October 2018
Single Family Home

2 (0% )

October 2018

1

Single Family Home

$826K (-1% )

October 2018

20

Single Family Home

$481K (0% )

October 2018

186





Directions to Cornelius

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Time estimations based on Monday mornig departure at 7 A.M.

The town of Cornelius was originally founded in 1893. Originally called Liverpool, the town was renamed in the honor of one of the local cotton mill's principal investors, Joseph Benjamin Cornelius. Cornelius wasn't always a lakefront community. Duke Power, in order to provide electricity for the surrounding area, dammed the nearby Catawba River in 1963. A happy side effect of the creation of manmade Lake Norman was the nearly 70 miles of desirable lakefront property that it bestowed upon Cornelius. Modern-day Cornelius functions as a highly desirable suburb of Charlotte, NC. Just how sought-after are homes in Cornelius? Well, the population more than doubled between 2000 and 2010, growing from 11,969 residents to 24,866 during that period. Today, Cornelius is now home to 28,092 residents, according to the latest census data. Locals cite the high quality of life, the charm of Cornelius neighborhoods, the abundance of local parks, the short commute to nearby Charlotte, and the recreational opportunities offered by Lake Norman as some of their favorite things about life in Cornelius.

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