The Charlotte housing market is somewhat competitive. Homes in Charlotte receive 4 offers on average and sell in around 39 days. The median sale price of a home in Charlotte was $400K last month, up 1.3% since last year. The median sale price per square foot in Charlotte is $249, up 9.7% since last year.
What is the housing market like in Charlotte today?
In March 2024, Charlotte home prices were up 1.3% compared to last year, selling for a median price of $400K. On average, homes in Charlotte sell after 39 days on the market compared to 42 days last year. There were 1,035 homes sold in March this year, down from 1,158 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$400,295
+1.3% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Charlotte, NC
$400,295
+1.3%
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 2% higher 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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Charlotte housing market?
Charlotte is somewhat competitive. Homes sell in 38 days.
0
100
62
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
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 38 days.
Hot homes
can sell for about 2% above list price and go pending in around 14 days.
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|
3 Weeks Ago
~$900K Offer
Sold for $950K
4bd | 3ba | ~3,500sqft
Over List Price
12%
Days on Market
3
Competing Offers
19
Down Payment
~10%
Kyle Zapcic
Charlotte Redfin Agent
Huge amount of activity on this home, almost 20 offers, plenty of cash, with super high due diligence to win the home.…
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.
Risk Factor
Flood Factor - Moderate
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Charlotte has a moderate risk of flooding. 19,656 properties in Charlotte are likely to be
severely affected
by flooding over the next 30 years. This represents 10% of all properties in Charlotte. Flood risk is increasing slower than the national average.
58% of properties are at risk of wildfire over the next 30 years
Fire Factor
Charlotte has a moderate risk of wildfire. There are 157,474 properties in Charlotte that have some risk of being affected by wildfire over the next 30 years. This represents 58% of all properties in Charlotte.
92% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
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. 249,673 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.