Is Charlotte, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Charlotte is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, Charlotte has remained a Seller's Market.

Key Takeaway

Charlotte is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Charlotte, NC cost?

Median Sold Price

$379,609

$221/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$55,747(+17.2%)

Key Takeaway

Homes in Charlotte have sold for 17.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $218K$240K
+10.1%
2 $235K$272.1K
+15.8%
3 $297.4K$354.8K
+19.3%
4 $413.6K$477.6K
+15.5%
5+ $668.4K$766.4K
+14.7%

Median Sold Price Compared To Nearby Cities

Riverbend Township
+23.1%
Matthews
+19.2%
Mount Holly
+17.8%
Charlotte
+17.2%
Pineville
+16.4%

How many homes are available in Charlotte, NC?

Number of Homes For Sale

Aug 2022Sep 2022%
3,7903,656-3.5%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 8980
-10.1%
2 626608
-2.9%
3 1,7251,644
-4.7%
4 999991
-0.8%
5+ 351333
-5.1%

Number of Homes Sold

Aug 2022Sep 2022%
1,117995-10.9%

Asking Price vs. Sold Price

486 Homes Were Sold
Under Asking

213 Homes Were Sold
At Asking

296 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Charlotte, you may be able to get a good deal. 48.8% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
13 Days20 Days+43.7%

Breakdown of Home Sale Times

764 Homes Were Sold
Under 30 Days

196 Homes Were Sold
In 30 - 90 Days

27 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Charlotte are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Charlotte, NC

Charlotte, NC has 3,656 homes for sale to choose from. In September 2022 in Charlotte, NC there were 3.5% less homes for sale than in August 2022. While the average time on the market in September 2022 was 20 days, the median list price was $379,609. This housing market listing prices have changed between August 2022 and September 2022: prices of 1 bedroom properties increased by 10.1%, 2 bedrooms properties became 15.8% more expensive, prices of 3 bedrooms properties increased by 19.3%, prices of 4 bedrooms properties increased by 15.5%, 5 bedrooms properties prices increased by 14.7%. This housing market inventory have changed: number of 1 bedroom homes decreased by 10.1%, the quantity of 2 bedrooms homes went down by 2.9%, the quantity of 3 bedrooms homes went down by 4.7%, the quantity of 4 bedrooms homes went down by 0.8%, volume of 5 bedrooms homes went down by 5.1%. In September 2022 more than 296 listings in Charlotte, NC were sold above the asking price. During the same period more than 213 listings were sold at asking price, while more than 486 were sold below.

MLS Disclaimers and Copyright

Based on information from Canopy MLS, Triad MLS Inc, Triangle MLS, Multiple Listing Service of Spartanburg, and Greater Greenville MLS for the period 10/01/2020 - 10/01/2022

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. All data is obtained from various sources and may not have been verified by broker or 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.

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Copyright © 2022 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/2/2022, 12:21:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Listing information Copyright © 2022 Triad Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) Program of the Triad MLS, Inc. of High Point, NC. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo or the Internet Data Exchange (IDX) thumbnail logo (the TRIAD MLS logo) and detailed information about them includes the name of the listing brokers. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/2/2022, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Copyright © 2022 Triangle MLS, Inc. of North Carolina. All rights reserved.

Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.

Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/2/2022, 12:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

© 2022 Spartanburg Association of REALTORS® Multiple Listing Service. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Spartanburg Association of REALTORS®. IDX information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable, but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/2/2022, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Listing provided courtesy of Greater Greenville Association of Realtors® Internet Data Exchange Database. © 2022 GGAR MLS.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GGAR MLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. GGAR MLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/2/2022, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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