Is Charlotte, NC 28254 a buyer’s or seller’s market?
Charlotte is a seller’s market. With about 2.4 months of supply and 83% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Charlotte housing market right now
In the three months ending August 31, 2026, 83% of homes in Charlotte, NC 28254 sold above their list price, the typical home went under contract in 50 days and there were 2.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 50%, homes sold more slowly (47 days then) and the median sale price fell 9% to $325,449. Overall, Charlotte is more competitive than a year ago, so tougher for buyers.
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Where Charlotte is
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Questions about Charlotte real estate
Is Charlotte a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Charlotte, NC 28254 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 50 days in the latest three months.
Do homes in Charlotte sell over asking?
83% of homes sold above their original list price, and the typical sale closed at 100.4% of the list price.
What is the median home price in Charlotte?
The median sale price was $325,449 in the three months ending August 31, 2026, about $192 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