$130,000
Land
Listing Office: NorthGroup Real Estate LLC
October 2024
Report Updated 2 Days Ago
Is Charlotte, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Charlotte has remained a Seller's Market.
How much do homes in Charlotte, NC cost?
$418,847
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Charlotte was $418,847 in October 2024, up 4.2% from last year, and the median price per square foot was $238.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $265K | $289K | +9.1% |
2 Bedrooms | $299.9K | $310.5K | +3.5% |
3 Bedrooms | $366.9K | $381.9K | +4.1% |
4 Bedrooms | $494K | $527.4K | +6.8% |
5+ Bedrooms | $726.4K | $878.2K | +20.9% |
Summary: Charlotte housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 6.8%, and 5+ bedroom homes increased by 20.9%.
Riverbend Township | $337.4K | $365K | +8.2% |
Pineville | $420K | $445K | +6.0% |
Matthews | $513.9K | $544.5K | +5.9% |
Charlotte | $402K | $418.8K | +4.2% |
Huntersville | $522.6K | $544.5K | +4.2% |
How many homes are available in Charlotte, NC?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
4,196 | 4,347 | +3.6% |
Summary: The Charlotte real estate market had 4,347 homes for sale in October 2024, a 3.6% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 120 | 135 | +12.5% |
2 Bedrooms | 584 | 614 | +5.1% |
3 Bedrooms | 1,945 | 2,017 | +3.7% |
4 Bedrooms | 1,106 | 1,138 | +2.9% |
5+ Bedrooms | 441 | 443 | 0.5% |
Summary: The Charlotte housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 0.5%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
927 | 862 | -7.0% |
476 Homes Were Sold
Under Asking
237 Homes Were Sold
At Asking
149 Homes Were Sold
Over Asking
Summary: A total of 862 homes were sold or pending in Charlotte in October 2024, down by 7.0% month-over-month. Of the 862 sold homes, 55% were sold under asking, 27% were sold at asking, and 17% were sold over asking.
How long does it take to sell a home in Charlotte, NC?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
26 Days | 32 Days | +22.7% |
Summary: Homes in Charlotte had an average of 32 days on market in Oct 2024, up by 22.7% compared to last year.
520 Homes Were Sold
Under 30 Days
276 Homes Were Sold
In 30 - 90 Days
58 Homes Were Sold
Over 90 Days
Summary: During October 2024, 862 homes were sold in Charlotte; 60% of homes were sold within 30 days, 32% 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 2 Days Ago
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Last updated on: 11/3/2024, 5:21:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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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.
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Last updated on: 11/3/2024, 5:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
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Last updated on: 11/3/2024, 5:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Based on information from the Georgia MLS © 2024.
All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, 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 GAMLS 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.
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/3/2024, 5:20:52 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. © 2024 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: 11/3/2024, 5:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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