Is Charlotte, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Charlotte has remained a Seller's Market.
Housing Prices in Charlotte, NY
How much do homes in Charlotte, NY cost?
Median Sold Price
$171,500
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Charlotte was $171,500 in April 2024, up 10.6% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $102.5K | $111.5K | +8.8% |
2 Bedrooms | $151.1K | $140K | -7.4% |
3 Bedrooms | $156K | $178.5K | +14.4% |
4 Bedrooms | $162K | $173.2K | +6.9% |
5+ Bedrooms | $222.5K | $219K | -1.6% |
Summary: Charlotte housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.8%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes decreased by 1.6%.
Median Sold Price Compared To Nearby Neighborhoods
Maplewood | $130K | $146.9K | +13.0% |
Charlotte | $155K | $171.5K | +10.6% |
Housing Supply in Charlotte, NY
How many homes are available in Charlotte, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 16 | -20.0% |
Summary: The Charlotte real estate market had 16 homes for sale in April 2024, a 20.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 12 | 10 | -16.7% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Charlotte housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 7 | -12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Charlotte in April 2024, down by 12.5% month-over-month. Of the 7 sold homes, 14% were sold under asking, 0% were sold at asking, and 86% were sold over asking.
Days on Market for Charlotte, NY
How long does it take to sell a home in Charlotte, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 12 Days | +58.5% |
Summary: Homes in Charlotte had an average of 12 days on market in Apr 2024, up by 58.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Charlotte; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.