The Southwest Charlotte housing market is somewhat competitive. The median sale price of a home in Southwest Charlotte was $427K last month, up 4.8% since last year. The median sale price per square foot in Southwest Charlotte is $209, up 7.7% since last year.
What is the housing market like in Southwest Charlotte today?
In March 2024, Southwest Charlotte home prices were up 4.8% compared to last year, selling for a median price of $427K. On average, homes in Southwest Charlotte sell after 53 days on the market compared to 52 days last year. There were 281 homes sold in March this year, down from 358 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$427,000
+4.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Southwest Charlotte, NC
$427,000
+4.8%
United States
To compare other locations to the Southwest Charlotte 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.
How hot is the Southwest Charlotte housing market?
Southwest Charlotte is somewhat competitive. Homes sell in 46 days.
0
100
51
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 46 days.
Hot homes
can sell for around list price and go pending in around 17 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Palisades Park Elementary
Public • K-5
770
Students
7 reviews
8/10
Tega Cay Elementary School
Public • K-5
1034
Students
2 reviews
7/10
Pleasant Knoll Elementary School
Public • K-5
790
Students
7 reviews
7/10
Sugar Creek Elementary School
Public • PreK-5
804
Students
19 reviews
7/10
Lake Wylie Elementary School
Public • PreK-5
628
Students
10 reviews
Only showing 5 of
18 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 Southwest Charlotte housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Southwest Charlotte.
Risk Factor
Flood Factor - Moderate
11% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Southwest Charlotte has a moderate risk of flooding. 2,532 properties in Southwest Charlotte are likely to be
severely affected
by flooding over the next 30 years. This represents 11% of all properties in Southwest Charlotte. Flood risk is increasing slower than the national average.
83% of properties are at risk of wildfire over the next 30 years
Fire Factor
Southwest Charlotte has a moderate risk of wildfire. There are 25,512 properties in Southwest Charlotte that have some risk of being affected by wildfire over the next 30 years. This represents 83% of all properties in Southwest Charlotte.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Southwest Charlotte has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Southwest Charlotte is most at risk from hurricanes. 30,393 properties in Southwest 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 70 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 87 mph.
86% of properties are at major
risk of heat over the next 30 years
Heat Factor
Southwest Charlotte has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 86% of homes in Southwest Charlotte have a Major Heat Factor®.
Southwest Charlotte is expected to see a 142% increase in the number of days over 105ºF over the next 30 years. Southwest Charlotte is expected to experience 8