Is Charlotte, NC 28202 a buyer’s or seller’s market?
Charlotte is a buyer’s market. With about 10.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 1% of U.S. ZIP codes, and #420 of 424 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Charlotte housing market right now
In the three months ending August 31, 2026, 0% of homes in Charlotte, NC 28202 sold above their list price, the typical home went under contract in 119 days and there were 10.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 43 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 9%, homes sold more slowly (60 days then) and the median sale price fell 29% to $336,604. Overall, Charlotte is less competitive than a year ago, which gives buyers more room.
Within Mecklenburg County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county. On our competition score, Charlotte ranks #420 of 424 NC ZIP codes with enough sales (score 3 out of 100).
Nearby, Charlotte 28209 (31% sold over asking) and Charlotte 28270 (31% sold over asking) are even more competitive.
Run the numbers for 28202
Nearby markets
Charlotte 28203Seller’s market $459 /sq ftCharlotte 28204Balanced $326 /sq ftCharlotte 28205Balanced $356 /sq ftCharlotte 28206Balanced $259 /sq ft Browse all markets →Towns like Charlotte nearby
Find towns like Charlotte in other states →Where Charlotte is
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Questions about Charlotte real estate
Is Charlotte a buyer’s or seller’s market?
A buyer’s market: there were 10.3 months of supply in Charlotte, NC 28202 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Charlotte?
The typical home went under contract in 119 days in the latest three months.
Do homes in Charlotte sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.8% of the list price.
What are property taxes in Charlotte?
About 0.71% of a home’s value a year in Mecklenburg County, or roughly $2,840 on a $400,000 home.
What is the median home price in Charlotte?
The median sale price was $336,604 in the three months ending August 31, 2026, about $361 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology