NC · Metro #23

Charlotte - NC housing market

The Charlotte metro has a typical home value of $388,736, down 0.5% from a year ago. Homes sell in 29 days on average, a balanced market. 29% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$388,736
-0.5% vs. year ago
Median sale price
$399,854
+2.0% YoY
Median list price
$436,200
Sale-to-list ratio
98.6%
Selling below ask
Days on market
29d
Listings w/ price cut
28.6%
New listings / mo
3,761
+2.0% YoY
Homes for sale
14,464
+10.4% YoY
Typical rent
$1,756/mo
+0.7% YoY
Rent vs buy
18.4x
Context

How to read this data

The typical home value ($388,736) 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 0.5% over the past year. A home worth $390,689 last year is now worth roughly $388,736.

The median sale price, what homes actually close for, is $399,854. Homes are selling at 98.6% of list price, meaning buyers have room to negotiate.

Homes listed in Charlotte - NC sit on the market for roughly 29 days before going pending. Shorter = seller's market; longer = buyer's market.

About 28.6% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 3,761 new listings hit the market each month in Charlotte - NC. There are currently 14,464 homes for sale, up 10.4% from a year ago.

The typical monthly rent in Charlotte - NC is $1,756, up 0.7% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 18.4x, toss-up (#70 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,998 a month in principal and interest, $242 more than renting before taxes, insurance and upkeep. The two break even at a 5.45% 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 September 2026. Methodology →

Related

Other metros in NC

MetroHome value1-yr changeDays on market
Raleigh - NC$437,484 -1.9% 24.0d
Greensboro - NC$265,237 +1.3% 18.0d
Winston - NC$282,311 +2.3% 19.0d
Durham - NC$411,325 -2.1% 23.0d
Fayetteville - NC$257,053 +0.4% 23.0d
Asheville - NC$426,217 -3.4% 45.0d
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