How much do homes in Mecklenburg County, NC cost?

Median List Price

$340,259

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$40,312(+13.4%)

Key Takeaway

The list price of homes in Mecklenburg County has increased by 13.4% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $199.9K$220K+10.0%
2 $219.4K$240K+9.4%
3 $262.5K$299.9K+14.3%
4 $356.4K$414.1K+16.2%
5+ $485.3K$588.6K+21.3%

Median List Price Compared To Nearby Counties

Mecklenburg County
+13.4%
Gaston County
+11.4%
Cabarrus County
+10.1%
Union County
+7.7%
York County
0.1%

How many homes are available in Mecklenburg County, NC?

Number of Homes For Sale

Jul 2021Aug 2021%
6,6616,335-4.9%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 177176-0.6%
2 1,003957-4.6%
3 2,8242,698-4.5%
4 1,8201,758-3.4%
5+ 837746-10.9%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
116 Days85 Days-27.2%

Breakdown of Home Sale Times

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About Mecklenburg County, NC

Number of homes for sale in Mecklenburg County, NC real estate market have reached 6,335. The inventory of homes for sale in Mecklenburg County, NC between July 2021 and August 2021 decreased by 4.9%. The median list price of listings available in August 2021 was $340,259, while the average time on the real estate market was 85 days. This housing market listing prices have changed between July 2021 and August 2021: the cost of 1 bedroom properties went up by 10%, 2 bedrooms properties prices increased by 9.4%, prices of 3 bedrooms properties increased by 14.3%, prices of 4 bedrooms properties went up by 16.2%, prices of 5 bedrooms properties increased by 21.3%. Housing inventory have changed in this real estate market: 1 bedroom homes became 0.6% less available, 2 bedrooms homes inventory decreased by 4.6%, volume of 3 bedrooms homes went down by 4.5%, volume of 4 bedrooms homes went down by 3.4%, number of 5 bedrooms homes decreased by 10.9%. In August 2021 more than 1085 listings in Mecklenburg County, NC were sold above the asking price. During the same period more than 275 listings were sold at asking price, while more than 470 were sold below.

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