Charlotte - NC housing market
The Charlotte metro has a typical home value of $381,392, down 0.8% from a year ago. Homes sell in 36 days on average, a balanced market. 30% of listings have had a price cut. Data from Zillow Research, updated monthly.
Charlotte housing market, October 2026
The typical Charlotte home is worth $381,392 as of September 2026, down 0.2% from the prior month, down 0.6% over three months, and down 0.8% from a year ago. Over the past two years values have ranged from $381,392 to $388,206.
Homes are going pending in about 36 days, slower than the 23 days seen three months earlier. There are roughly 14,272 homes for sale, 9% more than a year ago. 30.0% of listings have taken a price cut (up from 27.1% three months ago).
Typical rent is $1,735 a month, up 1.6% year over year, which puts the price-to-rent ratio at 18.3.
At this week's 7.40% mortgage rate with 20% down ($76,278), the typical Charlotte home costs about $2,589 a month including tax and insurance, which needs a household income of roughly $111,000 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($381,392) is the Zillow Home Value Index for the Charlotte - NC metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are down 0.8% over the past year. A home worth $384,468 last year is now worth roughly $381,392.
The median sale price, what homes actually close for, is $399,172. Homes are selling at 98.5% of list price, meaning buyers have room to negotiate.
Homes listed in Charlotte - NC sit on the market for roughly 36 days before going pending. Shorter = seller's market; longer = buyer's market.
About 30.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 3,165 new listings hit the market each month in Charlotte - NC. There are currently 14,272 homes for sale, up 9.4% from a year ago.
The typical monthly rent in Charlotte - NC is $1,735, up 1.6% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 18.3x, toss-up (#71 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $2,113 a month in principal and interest, $378 more than renting before taxes, insurance and upkeep. The two break even at a 5.51% rate.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
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Other metros in NC
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Raleigh - NC | $428,267 | -1.7% | 31.0d |
| Greensboro - NC | $260,556 | +0.8% | 22.0d |
| Winston - NC | $277,512 | +1.7% | 26.0d |
| Durham - NC | $401,581 | -2.5% | 32.0d |
| Fayetteville - NC | $253,782 | +0.3% | 32.0d |
| Asheville - NC | $416,031 | -3.3% | 60.0d |