Farmwood in Mint Hill NC—2010 Real Estate Market Update
Farmwood is a large Mint Hill NC neighborhood that was built from the mid-1970s into the 1990s. 
A variety of home styles and large wooded lots characterize the neighborhood. The neighborhood wraps around Pine Lake County Club giving some lots golf course views. There are no homeowners association dues in Farmwood.
How did the 2010 real estate market in Farmwood compare with the 2009 market in the neighborhood? The table below shows median values for several characteristics of the marketplace. Twenty two homes sold in 2010 compared with 15 in 2009.
Farmwood Real Estate Market Comparison
The number of homes sold increased substantially in 2010 but median priced dropped 7.2%. The median heated area of 2010 sales increased 2.8% indicating that Farmwood sellers were receiving less for their homes. The median list to sale ratio remained steady at 94%. the 2010 Farmwood market was healthy with only four foreclosures. The remaining homes were market resales.
Single Family Homes
| Farmwood Single Family Market Update |
Median Closed Price | Median Home Square Footage | Median Days on Market | Median List to Sale Ratio |
| Year 2009 | $215,000 | 2441 | 41 | 94% |
| Year 2010 | $199,500 | 2510 | 106 | 94% |
Source: Carolina Multiple Listing Service
Farmwood Types of Closed Sales
| Farmwood Sales Types | Number of Closed Sales | Percentage of Closed Sales |
| Resale | 18 | 81.8% |
| New Construction | n/a | n/a |
| Foreclosure | 4 | 18.2% |
| Short Sale | n/a | n/a |
Source: Carolina Multiple Listing Service
Read more about Farmwood, its community amenities, builders and public schools: Farmwood in Mint Hill NC: Homes for Sale and Neighborhood Profile
Farmwood Homes for Sale
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Copyright 2011. Carol Fox. Allen Tate Realtors. *Farmwood in Mint Hill NC—2010 Real Estate Market Update*
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Construction began in Farmwood in the mid-1970s and continued through the early 1990s. Large wooded lots ranging from a half acre to over an acre on wide streets provide a beautiful setting for Farmwood homes. The earliest Farmwood homes were mostly traditional brick ranches, two-stories and tri-levels. Some were basement homes where the slope of the lots accommodated them. As the years passed and home styles changed, country-style homes with big friendly front porches and wood siding were built. The most recently built Farmwood homes tended to be large two-story colonials with transitional interiors.
The original golf course at Pine Lake was built in the early 1960s and was renovated in 1988 by John LaFoy, a renowned golf course designer. Five fresh water lakes and manicured grounds occupy the 155-acre club. Pine Lake Country Club also has six clay tennis courts and two hard courts. A range of tennis activities are available for men and women at the club. Swimming and dining facilities are also found at Pine Lake Country Club.