Charlotte

Why you'd want to live in Charlotte

Charlotte is one of the 25 largest cities in the U.S. and the largest city in North Carolina. Nicknamed the Queen City, Charlotte and its resident county are named in honor of Charlotte of Mecklenburg-Strelitz, the queen consort of British King George III during the time of the city's founding. Nearly 800,000 people live and work in the Charlotte community and the city provides services to much of this population. The city’s focus areas are housing and neighborhood development, community safety, transportation, economic development and the environment. Charlotte consistently ranks as one of the top growing cities and is home to more than 10 Fortune 1000 companies, including household names such as Bank of America, Lowe's and Duke Energy. Charlotte is also home to the NFL's Carolina Panthers, the NBA's Charlotte Hornets, MLS' Charlotte FC, the NASCAR Hall of Fame and the U.S. National Whitewater Center. Other amenities that make Charlotte a great place to live and work include numerous higher learning organizations, cultural centers and healthcare facilities. via charlottenc.gov

Charlotte Market Report

$685,327

AVERAGE PRICE OF 4,328 HOMES

$442,980

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,089,279

AVERAGE PRICE OF 612 MULTI-MILLION DOLLAR HOMES

$743,476

AVERAGE PRICE OF 1,231 NEWLY BUILT HOMES

$1,882,973

AVERAGE PRICE OF 175 HOMES WITH A POOL

$589,384

AVERAGE PRICE OF 251 REDUCED PRICE HOMES

Average Home

Average Price $685,327
Avg Bedrooms 3.09 beds
Avg Bathrooms 2.79 baths

Average Price by Bedrooms

1 bedroom $309,186
2 bedrooms $370,618
3 bedrooms $498,970
4 bedrooms $735,776
5 bedrooms $1,250,411
Charlotte Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 4,231 4,070 3,886 3,709 3,452
Average Price $702,113 $699,951 $699,594 $693,647 $689,446
Avg Price Change +0.31% +0.05% +0.86% +0.61% +2.96%
Median Price $449,011 $441,702 $438,129 $430,771 $428,668
Med Price Change +1.65% +0.82% +1.71% +0.49% +0.86%
Avg Bedrooms 3.11 beds 3.15 beds 3.08 beds 3.02 beds 3.07 beds
Avg Bathrooms 2.84 baths 2.84 baths 2.85 baths 2.82 baths 2.79 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Unspecified 1,378 $613,441 102 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,328 $685,327 90 days
Distressed Homes 5 $442,980 53 days
Multi-Million Dollar Homes 612 $2,089,279 165 days
Newly Built Homes 1,231 $743,476 108 days
Homes with a Pool 175 $1,882,973 84 days
Reduced Price Homes 251 $589,384 56 days

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Berkshire Hathaway HomeServices Carolinas Realty
Mike Kasey Real Estate Consulting Group
Mike Kasey
3420 Toringdon Way, Suite 200
Charlotte, NC 28277
704-579-7094

Based on information submitted to the MLS GRID as of 7/22/2024 5:15 AM CST. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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