Real Estate Market Update for Charlotte, NC
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 13% from one year earlier, and down 6% from the previous month. Even so, buyers still enjoyed a greater selection of homes today than they did one year ago. As you can see, the median listing price for the month was just over 370-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 16%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 230-thousand dollars. The number of units sold decreased 3% year-over-year, and increased 4% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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: 882,496
  • Median Age: 37.1 yr
  • Median Commute Time: 24 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 2,851/sq mi
  • Population Change Since 2000: 54.4%
  • Closest Airport: Charlotte/douglas International
  • Closest College: Queens University Of Charlotte
  • Closest Jr. College: Kings College
  • Median Household Income: $67,385
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $320,000
  • Closest Major Sports Team: Charlotte Hornets
  • Change Avg. Household Income Since 2000: 48.83%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Charlotte, NC
Median Age: 37.1 Married: 33% Number of Households: 353,759 Households with Children: 101,342
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 School Rating
      Elizabeth Trad/classical 0.8 mi Public K-5 2
      Dilworth Elementary 0.9 mi Public K-5 2
      Piedmont Open Middle School 1.0 mi Public 6-8 5
      Irwin Academic Center 1.5 mi Public K-5 5
      Sedgefield Middle 1.7 mi Public 6-8 2
      Hawthorne Academy Of Health Sciences 1.7 mi Public 9-12 2
      Eastover Elementary 1.7 mi Public K-5 4
      Myers Park Trad Elementary 1.8 mi Public K-5 4
      Invest Collegiate 1.9 mi Public K-8 2
      Elearning Academy 2.1 mi Public 9-12 2
      Villa Heights Elementary 2.1 mi Public K-5 2
      Billingsville Elementary 2.2 mi Public K-2 1
      Marie G Davis 2.2 mi Public K-8 1
      Chantilly Montessori 2.3 mi Public PRESCHOOL-6 4
      Charlotte Lab School 2.4 mi Public K-6 3
      Oaklawn Language Academy 2.4 mi Public K-8 3
      Highland Mill Montessori 2.7 mi Public PRESCHOOL-6 5
      Park Road Montessori 2.8 mi Public PRESCHOOL-6 4
      Charles H. Parker Academic Center 2.9 mi Public K-5 4
      Movement School 2.9 mi Public K-6 1
      Northwest School Of The Arts 2.9 mi Public 6-12 4
      Shamrock Gardens Elementary 3.0 mi Public PRESCHOOL-5 3
      Myers Park High 3.1 mi Public 9-12 4
      Selwyn Elementary 3.4 mi Public K-5 5
      Phillip O Berry Academy Of Tec 3.4 mi Public 9-12 2
      Williams Montessori 3.4 mi Public 7-11 5
      Randolph Middle 3.5 mi Public 6-8 5
      Oakhurst Steam Academy 3.5 mi Public K-5 1
      Cotswold Elementary 3.5 mi Public 3-5 2
      Alexander Graham Middle 3.5 mi Public 6-8 4
      Sugar Creek Charter 3.7 mi Public K-12 2
      Metrolina Regional Scholars Academy 4.2 mi Public K-8 5
      Collinswood Language Academy 4.3 mi Public K-8 4
      Sharon Elementary 4.6 mi Public K-5 5
      Charlotte East Language Academy 5.3 mi Public K-8 1
      Lawrence Orr Elementary 5.4 mi Public PRESCHOOL-5 2
      East Mecklenburg High 5.5 mi Public 9-12 3
      Idlewild Elementary 5.8 mi Public PRESCHOOL-5 2
      Beverly Woods Elementary 5.9 mi Public PRESCHOOL-5 5
      Eastside Stream Academy 6.0 mi Public K-8 1
      Lansdowne Ib Elementary 6.0 mi Public K-5 2
      South Academy Of International Languages 6.1 mi Public K-8 4
      Tuckaseegee Elementary 6.1 mi Public K-5 2
      Carmel Middle 6.3 mi Public 6-8 3
      Steele Creek Preparatory Academy 6.4 mi Public K-6 2
      Mountain Island Day School 6.5 mi Public K-12 3
      John Motley Morehead 6.6 mi Public 5-8 2
      East Voyager Academy Of Charlotte 6.7 mi Public PRESCHOOL-7 2
      Nathaniel Alexander Elementary 6.8 mi Public PRESCHOOL-4 2
      Unity Classical Charter School 6.8 mi Public K-4 3
      Smithfield Elementary 7.3 mi Public PRESCHOOL-5 3
      South Mecklenburg High 7.4 mi Public 9-12 3
      Olympic High School 7.5 mi Public 9-12 2
      Dorothy J Vaughan Academy Of Technology 7.7 mi Public K-5 2
      Olde Providence Elementary 7.7 mi Public K-5 5
      Southwest Charlotte Stem Academy 7.9 mi Public K-6 3
      Robert F Kennedy Middle 7.9 mi Public 6-8 2
      Queen City Stem School 8.2 mi Public K-11 2
      Berewick Elementary 8.4 mi Public PRESCHOOL-5 1
      Coulwood Middle 8.5 mi Public 6-8 2
      Charlotte Teacher Early College 8.6 mi Public 9-11 3
      United Community School 8.6 mi Public K-2 2
      Providence High 8.6 mi Public 9-12 5
      Corvian Community School 8.7 mi Public K-4 4
      Independence High 8.8 mi Public 9-12 2
      Aristotle Preparatory Academy: A Challenge Foundation Academ 8.8 mi Public K-8 2
      South Charlotte Middle 9.0 mi Public 6-8 5
      Pioneer Springs Community School 9.0 mi Public K-8 4
      Mallard Creek 9.0 mi Public K-5 2
      Croft Community Elementary 9.3 mi Public PRESCHOOL-5 3
      Mcalpine Elementary 9.3 mi Public PRESCHOOL-5 4
      Charlotte Engineering Early College 9.4 mi Public 9-UNGRADE 4
      Whitewater Middle School 9.8 mi Public 6-8 1
      River Oaks Academy 10.1 mi Public PRESCHOOL-5 1
      Endhaven Elementary 10.3 mi Public PRESCHOOL-5 4
      Lake Wylie Elementary School 10.3 mi Public PRESCHOOL-5 2
      Queens Grant Community School 10.4 mi Public K-8 3
      Mallard Creek Stem Academy 10.5 mi Public K-8 2
      Providence Spring Elementary 10.6 mi Public K-5 5
      Winget Park Elementary 10.9 mi Public K-5 3
      Parkside Elementary 11.0 mi Public PRESCHOOL-5 3
      Jay M Robinson Middle 11.0 mi Public 6-8 5
      Mallard Creek High 11.1 mi Public 9-12 2
      Bradford Preparatory School 11.1 mi Public K-12 4
      Stoney Creek Elementary 11.1 mi Public K-5 1
      Rocky River High 11.2 mi Public 9-12 1
      Bain Elementary 11.2 mi Public K-5 4
      Mckee Road Elementary 11.3 mi Public K-5 5
      New Rea Farms Stem K-8 School 11.8 mi Public K-7 5
      River Gate Elementary 11.8 mi Public K-5 3
      Hawk Ridge Elementary 11.9 mi Public K-5 5
      Polo Ridge Elementary 12.0 mi Public K-5 5
      Ridge Road Middle School 12.0 mi Public 6-8 1
      Highland Creek Elementary 12.0 mi Public K-5 3
      Clear Creek Elementary 12.1 mi Public PRESCHOOL-5 2
      Ballantyne Elementary 12.4 mi Public K-5 4
      Community House Middle 12.6 mi Public 6-8 5
      Ardrey Kell High 13.0 mi Public 9-12 4
      Elon Park Elementary 13.4 mi Public K-5 5
      Palisades Park Elementary 13.5 mi Public K-5 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.
      Local Weather for Charlotte, NC
        Data powered by Attom Data Solutions. Copyright© 2022. Information 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.
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