Explore Charlotte, NC - Market Insights, Demographics, Crime, Trends & Hotspots
Market Insights
The Charlotte housing market is showing balanced conditions with stable prices and moderate inventory levels. The median home price of $410,000 represents a moderate 7.8% increase from this time last year. With 3.5 months of supply, Charlotte's inventory levels remain relatively tight. Homes are taking about 56 days to sell, which is 15 days longer than this time last year. A significant 32.7% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Approximately 16.3% of homes sold above list price, indicating some competitive segments within the market. With an affordability index of 2.6, Charlotte offers relatively good value compared to other major markets. Based on current market indicators, home prices in Charlotte are projected to increase by approximately 18.3% over the next month.
Demographics market for - Charlotte, NC
Total Population -
896,823
White Population
45.46%
Black Population
34.55%
Crime for - Charlotte, NC
No Data
Real Estate Market Prediction for - Charlotte, NC
No Data
City Hotspots
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