Real Estate Market Update for Charlotte, NC
Welcome to December's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of December. The number of active listings was down 22% from one year earlier, and down 16% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 220-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 27%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 180-thousand dollars. The number of units sold increased 3% year-over-year, and increased 20% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Charlotte, NC
Area Information for Charlotte, NC
  • Population: 767,679
  • Median Age: 33.04 yr
  • Median Commute Time: 22.1 mins
  • Educational Climate*: 4
  • Sales Tax: 7.25%
  • Population Density: 2,579/sq mi
  • Population Change Since 2000: 34.07%
  • Closest Airport: Charlotte/douglas International
  • Closest College: Queens University Of Charlotte
  • Closest Jr. College: Kings College
  • Median Household Income: $53,921
  • Annual Residential Turnover: 24.97%
  • Median Years in Residence: 2.88 yr
  • Median Home Sales Price: $143,000
  • Closest Major Sports Team: Panthers
  • Change Avg. Household Income Since 2000: 12%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Charlotte, NC
Median Age: 33.04 Married: 28% Number of Households: 302,982 Households with Children: 101,989
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Charlotte, NC

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      St. Patrick Catholic School 0.4 mi Catholic K-5 0 5
      Metro School 0.7 mi Public PRESCHOOL-12 0 4
      Elizabeth Trad/classical 1.3 mi Public K-5 4 5
      Trinity Episcopal School 1.3 mi Private K-8 0 5
      First Ward Arts Elementary 1.5 mi Public K-5 2 4
      Piedmont Open Middle School 1.5 mi Public 6-8 5 5
      Myers Park Trad Elementary 1.6 mi Public K-5 4-5 5
      Eastover Elementary 1.8 mi Public PRESCHOOL-5 5 5
      Park Road Montessori 2.2 mi Public PRESCHOOL-6 5 5
      St. Ann Catholic School 2.2 mi Catholic PRESCHOOL-6 0 5
      Collinswood Language Academy 2.3 mi Public K-8 5 5
      Barringer Academic Center 2.4 mi Public K-5 4 4
      Billingsville Elementary 2.4 mi Public PRESCHOOL-5 1 4
      Chantilly Montessori 2.7 mi Public PRESCHOOL-6 4-5 5
      Oaklawn Language Academy 2.8 mi Public K-8 3 4
      Ashley Park Elementary School 2.8 mi Public PRESCHOOL-8 1 4
      Northwest School Of The Arts 3.1 mi Public 6-12 4 4
      Selwyn Elementary 3.2 mi Public K-5 5 5
      Alexander Graham Middle 3.3 mi Public 6-8 4-5 4
      Pinewood Elementary 3.3 mi Public PRESCHOOL-5 1 4
      Highland Mill Montessori 3.3 mi Public PRESCHOOL-5 4 4
      University Park Creative Arts 3.5 mi Public K-5 2 4
      Cotswold Elementary 3.6 mi Public K-5 4 5
      Harding University High 3.6 mi Public 9-12 1 4
      Shamrock Gardens Elementary 3.6 mi Public PRESCHOOL-5 1 4
      Randolph Middle 3.6 mi Public 6-8 4-5 4
      Metrolina Regional Scholars Academy 3.6 mi Public K-8 5 4
      Merry Oaks Elementary 3.7 mi Public PRESCHOOL-5 1 4
      St. Gabriel Catholic School 3.8 mi Catholic K-5 0 4
      Philips Academy 3.8 mi Private 6-12 0 5
      Adventist Christian Academy 4.1 mi Private PRESCHOOL-10 0 5
      Montclaire Elementary 4.2 mi Public K-5 1 4
      Victory Christian Center School 4.2 mi Private PRESCHOOL-12 0 4
      Charlotte Secondary School 4.3 mi Public 6-8 3 4
      Garinger - International Studies 4.4 mi Public 9-12 0 4
      Garinger - New Tech 4.4 mi Public 9-12 0 3
      Paw Creek Christian Academy 4.4 mi Private PRESCHOOL-12 0 5
      Anami Montessori School 4.4 mi Private PRESCHOOL-6 0 5
      Sharon Elementary 4.5 mi Public K-5 4-5 5
      Smith Language Academy 4.8 mi Public K-8 4-5 5
      Windsor Park Elementary 5.1 mi Public PRESCHOOL-5 2-5 5
      Providence Day School 5.1 mi Private PRESCHOOL-12 0 5
      Charlotte Country Day School 5.1 mi Private K-12 0 5
      Berean Junior Academy 5.2 mi Private PRESCHOOL-8 0 5
      Our Lady Of Assumption Cath School 5.5 mi Catholic PRESCHOOL-6 0 5
      Beverly Woods Elementary 5.5 mi Public PRESCHOOL-5 5 5
      Evelyn Mack Academy 5.7 mi Private K-12 0 4
      Tuckaseegee Elementary 5.8 mi Public K-5 1 4
      Rod Of God Christian Academy 5.9 mi Private PRESCHOOL-12 0 0
      Brisbane Academy 6.1 mi Private PRESCHOOL-12 0 5
      Carmel Middle 6.1 mi Public 6-8 4-5 4
      Northside Christian Academy 6.2 mi Private PRESCHOOL-12 0 4
      Charlotte Preparatory School 6.2 mi Private PRESCHOOL-8 0 4
      Charlotte Christian School 6.6 mi Private K-12 0 5
      Winding Springs Elementary 6.7 mi Public PRESCHOOL-5 1 5
      Greenway Park Elementary 6.8 mi Public PRESCHOOL-5 1 4
      Quail Hollow Middle 6.8 mi Public 6-8 2 4
      Smithfield Elementary 6.9 mi Public PRESCHOOL-5 3-5 4
      Hickory Grove Baptist Chr. School 7.0 mi Private PRESCHOOL-12 0 4
      Plaza Road Academy 7.0 mi Private 3-12 0 4
      Piney Grove Elementary 7.1 mi Public PRESCHOOL-5 2-5 4
      Trinity Christian Preparatory School 7.2 mi Private 8-12 0 5
      Olde Providence Elementary 7.5 mi Public K-5 5 5
      Fletcher School 7.6 mi Private K-12 0 4
      Cato Campus Middle College 7.7 mi Public 11-12 0 4
      Joseph W Grier Academy 7.8 mi Public K-5 3 4
      Berryhill Elementary School 8.1 mi Public PRESCHOOL-8 2-5 4
      Manus Academy 8.2 mi Private 4-12 0 5
      Charlotte Catholic High School 8.5 mi Catholic 9-12 0 4
      South Charlotte Middle 8.8 mi Public 6-8 5 3
      Mcalpine Elementary 9.0 mi Public PRESCHOOL-5 4 4
      Countryside Montessori School 9.0 mi Private PRESCHOOL-12 0 5
      Lebanon Road Elementary 9.1 mi Public PRESCHOOL-5 2 4
      J H Gunn Elementary 9.1 mi Public K-5 1 4
      United Faith Christian Academy 9.3 mi Private K-12 0 5
      Belmeade Drive Elementary 9.5 mi Public PRESCHOOL-5 1 4
      Croft Community Elementary 9.7 mi Public K-5 3 4
      Lake Wylie Elementary School 9.8 mi Public PRESCHOOL-5 3 4
      British American School 9.9 mi Private PRESCHOOL-11 0 5
      Charlotte Latin School 9.9 mi Private PRESCHOOL-12 0 5
      Endhaven Elementary 10.0 mi Public K-5 4 4
      Back Creek Christian Academy 10.3 mi Private PRESCHOOL-8 0 4
      Winget Park Elementary 10.4 mi Public K-5 3-5 5
      Providence Spring Elementary 10.5 mi Public K-5 5 5
      Queens Grant Community School 10.8 mi Public K-8 3-5 5
      Jay M Robinson Middle 10.8 mi Public 6-8 5 4
      St. Matthew Catholic School 11.0 mi Catholic K-5 0 5
      Mckee Road Elementary 11.2 mi Public K-5 5 4
      River Gate Elementary 11.2 mi Public K-5 3 5
      Mallard Creek High 11.5 mi Public 9-12 3 4
      Hawk Ridge Elementary 11.5 mi Public K-5 5 5
      Bain Elementary 11.6 mi Public K-5 5 5
      Polo Ridge Elementary 11.7 mi Public K-5 5 4
      Stoney Creek Elementary 11.8 mi Public K-5 2-5 4
      Omni Montessori School 12.3 mi Private PRESCHOOL-9 0 4
      Highland Creek Elementary 12.5 mi Public K-5 4-5 5
      Clear Creek Elementary 12.6 mi Public PRESCHOOL-5 3-5 4
      Ardrey Kell High 12.7 mi Public 9-12 4-5 4
      Elon Park Elementary 13.0 mi Public K-5 5 4
      Palisades Episcopal School 14.8 mi Private PRESCHOOL-8 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Charlotte, NC
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.