Is Charlotte, NC 28274 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

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

Months of supply—Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list95.6%Sold price ÷ list price

Median days on market65Listing to accepted offer

Median price per sq ft$654▲ +22.6% vs. last year

The Charlotte housing market right now

In the three months ending August 31, 2026, 0% of homes in Charlotte, NC 28274 sold above their list price and the typical home went under contract in 65 days. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (122 days then) and the median sale price fell 42% to $2,149,070. Overall, Charlotte is more competitive than a year ago, so tougher for buyers.

Within Mecklenburg County, homes here sell more slowly than in 79% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Charlotte 28209 (31% sold over asking) and Charlotte 28270 (31% sold over asking) are even more competitive.

About the area

Mecklenburg County, NC

Population	747

Natural hazard riskExtreme heat (moderate), tornadoes (moderate), hail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 28274; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 28274

Prefilled for 28274Can I win this house?Multiple-offer likelihood for a listing Prefilled for 28274Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

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

Where Charlotte is

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Questions about Charlotte real estate

How fast do homes sell in Charlotte?

The typical home went under contract in 65 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 95.6% 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 $2,149,070 in the three months ending August 31, 2026, about $654 per square foot.

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More tools for 28274

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Mecklenburg County property taxes Mecklenburg County loan limits Closing costs in North Carolina Hottest ZIP codes in North Carolina

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology