Is Charlotte, NC 28206 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Charlotte is a balanced market. With about 5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score20/ 100

More competitive than 14% of U.S. ZIP codes, and #323 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

Months of supply5Under 4 months = seller’s market
Sold above original list7.8%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market61Listing to accepted offer
Median price per sq ft$259▼ −8.4% vs. last year

The Charlotte housing market right now

In the three months ending August 31, 2026, 8% of homes in Charlotte, NC 28206 sold above their list price, the typical home went under contract in 61 days and there were 5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 52 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 18%, homes sold faster (114 days then) and the median sale price fell 10% to $399,827. Overall, Charlotte is more competitive than a year ago, so tougher for buyers.

Within Mecklenburg County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell less often over asking than in 90%. On our competition score, Charlotte ranks #323 of 424 NC ZIP codes with enough sales (score 20 out of 100).

Nearby, buyers who want less competition could look at Charlotte 28274 (0% sold over asking) or Charlotte 28202 (0% sold over asking), while Charlotte 28209 (31% sold over asking) and Charlotte 28270 (31% sold over asking) are even more competitive.

Nearby markets

Charlotte 28202Buyer’s market $361 /sq ftCharlotte 28203Seller’s market $459 /sq ftCharlotte 28204Balanced $326 /sq ftCharlotte 28205Balanced $356 /sq ft Browse all markets →

Where Charlotte is

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Questions about Charlotte real estate

Is Charlotte a buyer’s or seller’s market?

A balanced market: there were 5 months of supply in Charlotte, NC 28206 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 61 days in the latest three months.

Do homes in Charlotte sell over asking?

8% of homes sold above their original list price, and the typical sale closed at 97.4% 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 $399,827 in the three months ending August 31, 2026, about $259 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