The Third Ward housing market is somewhat competitive. The median sale price of a home in Third Ward was $580K last month, up 0.9% since last year. The median sale price per square foot in Third Ward is $432, up 3.0% since last year.
What is the housing market like in Third Ward today?
In May 2025, Third Ward home prices were up 0.9% compared to last year, selling for a median price of $580K. On average, homes in Third Ward sell after 56 days on the market compared to 56 days last year. There were 9 homes sold in May this year, down from 17 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$580,000
+0.9% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Third Ward, NC
$580,000
+0.9%
United States
To compare other locations to the Third Ward and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. 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.
Work with the best agents in Third Ward
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
How hot is the Third Ward housing market?
Third Ward is somewhat competitive. Homes sell in 82 days.
0
100
36
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 9 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 82 days.
Hot homes
can sell for around list price and go pending in around 38 days.
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 Third Ward housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Third Ward.
Flood Factor - Minor
21% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Third Ward has a minor risk of flooding. 23 properties in Third Ward are likely to be
severely affected
by flooding over the next 30 years. This represents 21% of all properties in Third Ward. Flood risk is increasing slower than the national average.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Third Ward has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Third Ward is most at risk from hurricanes. 426 properties in Third Ward 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 69 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 79 mph.