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Charlotte

Why you'd want to live in Charlotte

A charming yet sprawling Southern city, Charlotte is a pleasant urban area nestled in the Piedmont region of North Carolina, within a few hours’ drive of both the Appalachian Mountains and North Carolina’s white sand beaches. The city has a strong economic identity – it’s the second-largest banking hub in the U.S. behind New York City – that’s helped drive consistent population growth for decades. Charlotte takes pride in its cityscape, defined by a handful of skyscrapers. But the city’s essence is perhaps better captured in its diverse neighborhoods and suburban areas, each of which has its own style and flair. Although its economy and rapid development make Charlotte a thoroughly 21st century metro area, Southern charm is still very much alive, and making friends with neighbors isn’t the Sisyphean task it can be in other large cities. Its geographical location, generally temperate weather, relative affordability and local culture are all draws to the Queen City. Pro sports representation in the NBA and NFL give residents something to root for, while museums, parks and an exploding brewery scene offer more diversions for people with varying interests. One thing Charlotteans may take for granted is the city’s cleanliness. There’s a certain pride residents take in their city, and even the downtown area is more well-kept and free from trash and graffiti than visitors might expect. Perhaps it has something to do with the flora; neighborhoods like Myers Park and Dilworth are adorned with large, old trees that give way to bustling intersections and commercial developments. It’s an apt metaphor for Charlotte, a city with both Old South and modern cosmopolitan influences. via realestate.usnews.com

Charlotte Market Report

$683,842

AVERAGE PRICE OF 4,326 HOMES

$442,980

AVERAGE PRICE OF 5 DISTRESSED HOMES

$2,082,772

AVERAGE PRICE OF 612 MULTI-MILLION DOLLAR HOMES

$744,336

AVERAGE PRICE OF 1,227 NEWLY BUILT HOMES

$1,880,030

AVERAGE PRICE OF 176 HOMES WITH A POOL

$595,783

AVERAGE PRICE OF 265 REDUCED PRICE HOMES

Average Home

Average Price $683,842
Avg Bedrooms 3.09 beds
Avg Bathrooms 2.78 baths

Average Price by Bedrooms

1 bedroom $309,605
2 bedrooms $371,051
3 bedrooms $497,210
4 bedrooms $731,242
5 bedrooms $1,244,147
Charlotte Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 4,231 4,070 3,886 3,709 3,452
Average Price $702,113 $699,951 $699,594 $693,647 $689,446
Avg Price Change +0.31% +0.05% +0.86% +0.61% +2.96%
Median Price $449,011 $441,702 $438,129 $430,771 $428,668
Med Price Change +1.65% +0.82% +1.71% +0.49% +0.86%
Avg Bedrooms 3.11 beds 3.15 beds 3.08 beds 3.02 beds 3.07 beds
Avg Bathrooms 2.84 baths 2.84 baths 2.85 baths 2.82 baths 2.79 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Unspecified 1,385 $613,067 102 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 4,326 $683,842 90 days
Distressed Homes 5 $442,980 55 days
Multi-Million Dollar Homes 612 $2,082,772 165 days
Newly Built Homes 1,227 $744,336 109 days
Homes with a Pool 176 $1,880,030 85 days
Reduced Price Homes 265 $595,783 60 days

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eXp Realty, LLC
Megan Votruba
3440 Toringdon Way, #205
Charlotte, NC 28277
704-661-5233

Based on information submitted to the MLS GRID as of 7/24/2024 7:56 AM CST. All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website.
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