Key Takeaways
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Charlotte home prices have increased by 5.9% year-over-year, with the median price reaching $405,000 in January 2025.
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Housing inventory in Charlotte has grown by 27.2% from January 2024, offering buyers more options.
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The average days on market for homes in Charlotte increased to 64 days in 2025, signaling a shift toward a more balanced market.
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While still a seller’s market, rising inventory and longer selling times are providing buyers with more negotiating power.
Buying or selling a home in Charlotte, North Carolina in 2025? Charlotte’s dynamic housing market attracts homebuyers, sellers, and investors from across the Southeast. With rising home prices, increased inventory, and shifting market trends, understanding the latest developments is crucial. In this 2025 market update, we will explore Charlotte’s housing trends, median home prices, inventory levels, and what they mean for buyers and sellers this year.
Charlotte Home Prices in 2025
As of January 2025, Charlotte’s median home price stands at $405,000, reflecting a 5.9% increase from the previous year. This rise translates to an approximate $22,500 increase year-over-year, indicating the city’s strong housing demand. In comparison to the state median of $367,600, Charlotte’s prices remain notably higher, showcasing the city’s appeal.
| Metric | Value |
| Median Sale Price | $405,000 |
| Year-over-Year Growth | +5.9% |
| Price vs. State Median | 9.2% higher |
Charlotte Housing Inventory Trends
Charlotte’s housing inventory has been steadily increasing, providing more opportunities for buyers. In January 2025, there were 2,252 homes for sale, marking a 27.2% increase from the prior year. This growth allows buyers more options and signals a shift in market dynamics.
| Metric | Value |
| Homes for Sale (Jan 2025) | 2,252 |
| Annual Increase | +27.2% |
Market Activity and Home Sales
In January 2025, Charlotte saw 637 homes sold, up from 601 in January 2024, a 6% increase. However, homes are taking longer to sell, with an average of 64 days on the market compared to 53 days the previous year. This indicates a slight slowdown in the market, suggesting a shift toward more balance between buyers and sellers.
| Metric | Value |
| Homes Sold (Jan 2025) | 637 |
| Days on Market | 64 days |
| Months of Housing Supply | 3.5 months |
Buyer’s vs. Seller’s Market in Charlotte
Although Charlotte remains a seller’s market, rising inventory and longer selling times signal a shift. A balanced market typically features 5-6 months of housing supply, while Charlotte currently holds 3.5 months of supply. Sellers still have an advantage, but the market is gradually becoming more balanced. With mortgage rates hovering at 6.9%, the average monthly mortgage payment has increased to approximately $2,747, up by $51 from the previous year.
Buying a Home in Charlotte in 2025
Homebuyers should expect higher costs. With a median home price of $405,000, a 10% down payment amounts to $40,500. In addition to the down payment, buyers must plan for closing costs (typically 3-4% of the purchase price), moving expenses, and ongoing maintenance.
| Metric | Value |
| Median Home Price | $405,000 |
| Down Payment (10%) | $40,500 |
| Closing Costs (~3%) | $16,200 |
| Mortgage Payment | $2,747/month |
Selling a Home in Charlotte in 2025
It’s still a good time to sell in Charlotte, with prices trending upwards. However, sellers must be prepared for longer sale times. The best period to list your home is typically late spring when homes sell faster and for top dollar.
| Metric | Value |
| Price Growth (YoY) | +5.2% |
| Days on Market | 64 days |
| Average Commission | 5-6% |
| Best Time to Sell | Late Spring |
Charlotte vs. Nearby Housing Markets
When compared to nearby areas, Charlotte’s real estate is more affordable than locations like Matthews, which is 34.6% more expensive. However, Charlotte’s market is still slightly pricier than the overall North Carolina average. Depending on your budget and lifestyle, it may be worthwhile to compare these surrounding markets before making a decision.
Bottom Line
Charlotte’s housing market in 2025 remains active, with rising home prices and growing inventory. Buyers are gaining more negotiating power due to increased housing supply, but sellers continue to benefit from the market’s current dynamics. Whether you’re purchasing your first home or preparing to sell, partnering with an experienced real estate professional is essential to navigate buying a home in Charlotte.
FAQs About Charlotte Housing Market
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