Charlotte, NC Housing Market

The Charlotte housing market is somewhat competitive. Homes in Charlotte receive 3 offers on average and sell in around 41 days. The median sale price of a home in Charlotte was $422K last month, up 1.0% since last year. The median sale price per square foot in Charlotte is $244, up 3.0% since last year.

Charlotte Housing Market Trends

What is the housing market like in Charlotte today?

In July 2024, Charlotte home prices were up 1.0% compared to last year, selling for a median price of $422K. On average, homes in Charlotte sell after 41 days on the market compared to 32 days last year. There were 1,050 homes sold in July this year, up from 949 last year.

Median Sale Price +1.0% year-over-year # of Homes Sold +10.6% year-over-year Median Days on Market +9 year-over-year All Home Types 1 year 3 years 5 years Median Sale Price Median Sale Price (All Home Types) +1.0% YoY | Jul 2024 Based on Redfin calculations of home data from MLS and/or public records. Charlotte, NC United States

To compare other locations to the Charlotte and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Charlotte's median sale price is 7% lower than the national average. Overall cost of living in Charlotte is 3% lower than the national average. Learn which home features in Charlotte add value to a home.

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How hot is the Charlotte housing market?

Charlotte is somewhat competitive. Homes sell in 38 days. Somewhat Competitive Redfin Compete Score ™

The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.

Calculated over the last 3 months

Compare With Nearby Cities Somewhat Competitive Redfin Compete Score ™

The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.

Calculated over the last 3 months

Somewhat Competitive Redfin Compete Score ™

The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.

Calculated over the last 3 months

Sale-to-List Price -1.1 pt year-over-year Homes Sold Above List Price -13.8 pt year-over-year Homes with Price Drops +11.0 pt year-over-year All Home Types 1 year 3 years 5 years Sale-to-List Price Sale-to-List Price (All Home Types) -1.1 pt YoY | Jul 2024 Based on Redfin calculations of home data from MLS and/or public records. Charlotte, NC United States

Charlotte Migration & Relocation Trends

In Jun '24 - Aug '24 , 27 % of Charlotte homebuyers searched to move out of Charlotte , while 73 % looked to stay within the metropolitan area.

Where are people moving to Charlotte from? Where are people from Charlotte moving to? Moving to Charlotte Moving from Charlotte Number of People Moving to Charlotte People are moving to Charlotte from Jun '24 - Aug '24 People are leaving Charlotte for Jun '24 - Aug '24 Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

Home offer insights for Charlotte

Explore recent offers and recently sold homes in Charlotte

Recent offers

Offer Not Accepted | 10 Weeks Ago ~ $650K Offer Sold for $650K 3 bd | 3.5 ba | ~ 2,000 sqft Under List Price Days on Market Competing Offers Down Payment Brian Rogers Charlotte Redfin Agent

View houses in Charlotte that sold recently

Recently sold homes

Photo of 3105 Erskine Dr, Charlotte, NC 28205

SOLD SEP 6, 2024 $240,000 Last Sold Price 3105 Erskine Dr, Charlotte, NC 28205 List Price Sale to List 13% under list Days on Market 3105 Erskine Dr, Charlotte, NC 28205

Photo of 10521 Barolo Ct, Charlotte, NC 28277

SOLD SEP 6, 2024 VIDEO TOUR $810,000 Last Sold Price 3,199 sq ft 10521 Barolo Ct, Charlotte, NC 28277 List Price Sale to List 1% under list Days on Market 10521 Barolo Ct, Charlotte, NC 28277

Photo of 13829 Tranters Creek Ln, Charlotte, NC 28273

SOLD SEP 6, 2024 3D WALKTHROUGH $232,700 Last Sold Price 1,093 sq ft 13829 Tranters Creek Ln, Charlotte, NC 28273 List Price Sale to List 5% under list Days on Market 13829 Tranters Creek Ln, Charlotte, NC 28273

Photo of 9400 Tresanton Dr, Charlotte, NC 28210

SOLD SEP 6, 2024 $1,085,000 Last Sold Price 4,436 sq ft 9400 Tresanton Dr, Charlotte, NC 28210 List Price Sale to List 3% over list Days on Market 9400 Tresanton Dr, Charlotte, NC 28210

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SOLD SEP 6, 2024 $211,000 Last Sold Price 1,125 sq ft 7354 Winery Ln, Charlotte, NC 28227 List Price Sale to List 1% under list Days on Market 7354 Winery Ln, Charlotte, NC 28227

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SOLD SEP 6, 2024 $439,000 Last Sold Price 2,373 sq ft 13017 Asheford Woods Ln, Charlotte, NC 28278 List Price Sale to List 0% over list Days on Market 13017 Asheford Woods Ln, Charlotte, NC 28278

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SOLD SEP 6, 2024 VIDEO TOUR $490,000 Last Sold Price 2,127 sq ft 8607 Pennegrove Cir, Charlotte, NC 28214 List Price Sale to List 1% over list Days on Market 8607 Pennegrove Cir, Charlotte, NC 28214

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SOLD SEP 6, 2024 $385,000 Last Sold Price 1,877 sq ft 2424 Thornfield Rd #19, Charlotte, NC 28273 List Price Sale to List 4% under list Days on Market 2424 Thornfield Rd #19, Charlotte, NC 28273 See all recently sold homes in Charlotte . See listings

Charlotte top 10 neighborhood and home rankings

See the top-ranked neighborhoods and homes in Charlotte

10 most walkable neighborhoods in Charlotte

10 most transit-friendly neighborhoods in Charlotte

10 most bikeable neighborhoods in Charlotte

10 most affordable homes in Charlotte

10 most expensive homes in Charlotte

10 most popular homes in Charlotte

Schools in Charlotte

Learn about schools in the Charlotte area GreatSchools Rating Bain Elementary Public • K-5 11 reviews Highland Mill Montessori Public • PreK-6 15 reviews Providence Spring Elementary Public • K-5 27 reviews Ballantyne Elementary Public • K-5 27 reviews Polo Ridge Elementary Public • K-5 39 reviews Only showing 5 of 100+ elementary schools.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Charlotte housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Charlotte.

Flood Factor - Minor

1% of properties are at risk of severe flooding over the next 30 years

Flood Factor

flood factor score logo

Charlotte has a minor risk of flooding. 3,670 properties in Charlotte are likely to be severely affected

by flooding over the next 30 years. This represents 1% of all properties in Charlotte . Flood risk is increasing slower than the national average.

Fire Factor - Moderate

28% of properties are at risk of wildfire over the next 30 years

Fire Factor

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Charlotte has a moderate risk of wildfire. There are 77,639 properties in Charlotte that have some risk of being affected by wildfire over the next 30 years. This represents 28% of all properties in Charlotte .

Wind Factor - Major

92% of properties are at major risk of a severe wind event over the next 30 years

Wind Factor

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Charlotte has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Charlotte is most at risk from hurricanes . 254,156 properties in Charlotte have some risk of being in a severe wind event within the next 30 years.

Wind likelihood over time

If an exceedingly rare windstorm (a 1-in-3,000 year storm event)

occurred today, it could cause wind gusts of up to 77 mph . In 30 years, an event of this same likelihood would show increased wind gusts of up to 87 mph .

Heat Factor - Major

96% of properties are at major risk of heat over the next 30 years

Heat Factor

heat factor score logo

Charlotte has a major risk from heat. This is due to "feels like" temperatures increasing, and because 96% of homes in Charlotte have a Major Heat Factor® .

Charlotte is expected to see a 142 % increase in the number of days over 104 ºF over the next 30 years. Charlotte is expected to experience 7

this year, and 17 days above 104 ºF in 30 years. Provided by First Street Foundation

Transportation in Charlotte

Learn about the walkability, bikeability, and transit-friendliness of Charlotte Car-Dependent

Walk Score ®

Some Transit

Transit Score ®

Somewhat Bikeable

Bike Score ®

More real estate resources for Charlotte

New Listings in Charlotte

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