Charlotte, NC Home Values & Market Trends

Real estate market trends reflect that there have been 13,779 transactions over the past year in Charlotte. The median value for residential home transactions that occurred over the previous year is $396,990.26. The number of current listings in Charlotte is 1,714, and the percentage of properties for sale in the city is 1714.00%. Charlotte, NC currently has 262 properties in foreclosure, 5 bank owned properties, 81 properties headed for auction, and 1,714 properties for sale.

Charlotte, NC Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
28269

$ 375,000

$ 196/sqft

28202

$ 404,500

$ 402/sqft

28277

$ 655,803

$ 248/sqft

28273

$ 415,000

$ 196/sqft

28216

$ 350,000

$ 203/sqft

28270

$ 703,776

$ 254/sqft

28205

$ 450,738

$ 344/sqft

28209

$ 733,408

$ 407/sqft

28215

$ 360,000

$ 207/sqft

28203

$ 692,389

$ 437/sqft

28210

$ 524,950

$ 287/sqft

28207

$ 1,299,000

$ 515/sqft

28227

$ 408,000

$ 212/sqft

28217

$ 324,900

$ 215/sqft

28208

$ 331,200

$ 246/sqft

28206

$ 367,282

$ 282/sqft

28278

$ 520,790

$ 207/sqft

28204

$ 746,284

$ 333/sqft

28226

$ 627,000

$ 263/sqft

28284

$ --

$ --

28214

$ 345,000

$ 198/sqft

28285

$ --

$ --

28211

$ 848,750

$ 353/sqft

28244

$ --

$ --

28213

$ 321,458

$ 192/sqft

28282

$ --

$ --

28262

$ 373,500

$ 191/sqft

28280

$ --

$ --

28212

$ 340,499

$ 205/sqft

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Housing Market Summary for Charlotte, NC

Apr 2023March 2024Change
Median Listing Price$400.7K$370.4K-7.55%
Median Sold Price$369.3K$370.4K0.32%
Homes For Sale1,5401,445-6.17%
Homes Sold7,4764,751-36.45%
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Charlotte, NC

Charlotte home values range from $25,510 to $66,705,130. The median estimated value of a home in Charlotte is $396,990.26. The median list price of a home is 415,000, and the total count of properties in the city is 276,867.

Foreclosure
There are 29 zips within Charlotte, NC; within these zips, the median estimated home value for homes in foreclosure ranges from $1,378,250 in 28213 to the lowest value of $64,794 in 28213. Foreclosure homes account for 0.00% of properties in Charlotte, NC with 28215 containing 37 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.06% of all residential properties in Charlotte, NC with 28269 containing 31 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 29 zips within Charlotte, NC; of those zips, the estimated home value for pre-foreclosure homes ranges from $569,710 in 28203 to the lowest home value of $109,079 in 28214.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Charlotte, NC ranges from the highest value of $1,055,094 in 28277 to the lowest value of $64,794 in 28213. Bank owned homes and properties account for 0.00% of properties in Charlotte, NC. There are 29 zips within Charlotte, NC; 28214 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    28215 has 15 auction properties, the highest number of properties going to auction in a single zip in the state of Charlotte, NC. Auction homes and other auction properties account for 0.03% of all properties in Charlotte, NC. There are 29 zips within Charlotte, NC; of those zips, the median estimated home value for homes going to auction ranges from $403,143 in 28210 to the lowest value of $112,284 in 28210.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.62% of residential properties in Charlotte, NC with 28269 containing 161 homes for sale, the highest number of listed properties in a single zip. There are 29 zips within Charlotte, NC; homes for sale in those zips, have a range of median values from $4,000,000 in 28278 to the lowest value of $56,034 in 28208.
    Sold Homes
    The median value for recently sold homes ranges from $2,075,600 in 28202 to the lowest price of $32,640 in 28202. There are 29 zips within Charlotte, NC. 28269 has 518 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.17% of properties in Charlotte, NC.

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      Guide for Charlotte, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent|posted 12 February 2024

      This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.