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

Housing Market Conditions



Gauge showing Charlotte is a seller's market


Difference Since November 2022

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.

Housing Prices in Charlotte, NC

How much do homes in Charlotte, NC cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Charlotte have sold for 5% more than they did a year ago.

Summary: The median home sold price in Charlotte was $404,825 in November 2023, up 5% from last year, and the median price per square foot was $225.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 $246.5K$265K
2 $279.8K$300K
3 $360.6K$369.3K
4 $490.3K$492.5K
5+ $787.6K$735.9K

Summary: Charlotte housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 6.6%.

Median Sold Price Compared To Nearby Cities

Riverbend Township

Housing Supply in Charlotte, NC

How many homes are available in Charlotte, NC?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Charlotte real estate market had 3,238 homes for sale in November 2023, a 3.8% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 7386
2 455458
3 1,5471,508
4 936865
5+ 354321

Summary: The Charlotte housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes increased by 17.8%, 2 bedroom homes increased by 0.7%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 9.3%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

340 Homes Were Sold
Under Asking

188 Homes Were Sold
At Asking

186 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. 47.6% of homes here sold below asking price last month.

Summary: A total of 714 homes were sold or pending in Charlotte in November 2023, down by 19.2% month-over-month. Of the 714 sold homes, 48% were sold under asking, 26% were sold at asking, and 26% were sold over asking.

Days on Market for Charlotte, NC

How long does it take to sell a home in Charlotte, NC?

Average Sale Time

Nov 2022Nov 2023CHANGE
30 Days26 Days-14.7%

Summary: Homes in Charlotte had an average of 26 days on market in Nov 2023, down by 14.7% compared to last year.

Breakdown of Home Sale Times

541 Homes Were Sold
Under 30 Days

123 Homes Were Sold
In 30 - 90 Days

50 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.

Summary: During November 2023, 714 homes were sold in Charlotte; 76% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

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

Report Updated 1 Day Ago

Newest Listings in Charlotte, NC

Nearby Markets to Charlotte, NC

What housing markets are near Charlotte, NC?