The Charlotte housing market is somewhat competitive. Homes in Charlotte receive 3 offers on average and sell in around 47 days. The median sale price of a home in Charlotte was $400K last month, up 8.1% since last year. The median sale price per square foot in Charlotte is $234, up 8.1% since last year.
What is the housing market like in Charlotte today?
In February 2024, Charlotte home prices were up 8.1% compared to last year, selling for a median price of $400K. On average, homes in Charlotte sell after 47 days on the market compared to 54 days last year. There were 849 homes sold in February this year, up from 820 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$400,000
+8.1% YoY | Feb 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2024
Growth
% YoY
Charlotte, NC
$400,000
+8.1%
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 3% 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.
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 45 days.
0
100
58
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 about 1% below list price and go pending in around 45 days.
Hot homes
can sell for about 1% above list price and go pending in around 20 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
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
10/10
Elon Park Elementary
Public • K-5
1085
Students
23 reviews
10/10
Highland Mill Montessori
Public • PreK-6 • Choice school
300
Students
15 reviews
10/10
Hawk Ridge Elementary
Public • K-5
874
Students
21 reviews
9/10
Indian Trail Elementary School
Public • PreK-5
643
Students
4 reviews
9/10
Providence Spring Elementary
Public • K-5
981
Students
27 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.
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.