Where the Charlotte housing market is headed

Hey Charlotteans,

The market never sleeps, and neither do we. Whether you’re a homeowner, investor, or renter, understanding the pulse of Charlotte’s real estate scene is the key to making smart moves. Prices are shifting, new developments are reshaping neighborhoods, and rental trends are evolving—so where should you focus your attention?

Market Snapshot: February 2025

• Median Home Price: $425,000 (Stable)

• Median Sold Home Price: $415,000 (Stable)

• Days on Market (DOM): 58 days, trending down—homes are selling faster now.

• Buyer Demand: High—with millennials driving 50% of purchases (multiple offers are becoming more common, especially in desirable areas like South End).

• Average Rent (3-Bedroom): $2,150 (+1.8% MoM)

• Occupancy Rate: 92% (Stable)

• Top-Performing Zip Code: 28277 (Ballantyne)

What This Means: The Charlotte market remains strong with steady appreciation. Single-family homes are in high demand, and rental prices continue to climb, making it a prime time for investors and landlords.

Featured Listings

$399,900 ($4,749 Closing credit)

3 Beds • 3 Baths • 1,743 sqft

Nestled on a generous 0.46-acre lot, 8733 Canter Post Dr offers a fully renovated, like-new home featuring modern granite finishes in the kitchen and bathrooms. The expansive, fully fenced backyard provides both privacy and ample space for outdoor activities. Located in the Claiborne Woods neighborhood of Charlotte, this property ensures a convenient lifestyle with nearby access to shopping and dining options. Commuting is a breeze, with major highways I-85, I-77, and I-485 just minutes away, facilitating easy travel to Uptown Charlotte and beyond. Experience the perfect blend of suburban tranquility and urban accessibility in this beautifully updated home

$395,000 ($4,691 Closing credit)

3 Beds • 2.5 Baths • 2,210 sqft

This home is eligible for $20,000 in closing cost assistance. Please reach out to me for further details. Welcome to your dream home in the sought-after neighborhood of Harrington Woods! This stunning 3-bedroom residence features a large bonus room that can easily serve as a 4th bedroom. The primary bedroom is massive, equipped with a sitting area. The other bedrooms have the Jack and Jill feature, sharing a bath with one another. As you step into the impressive two-story foyer, brand-new light fixtures infuse the space with a touch of modern elegance. The kitchen is equipped with a new stainless-steel microwave and dishwasher and opens to a large living room. Perfect for everyday living and entertaining. The home also features a spacious two-car garage providing ample room for parking and storage for your busy lifestyle. Don’t miss this opportunity to embrace comfort, style, and convenience—schedule your showing today!

$359,900 ($4,274 Closing credit)

3 Beds • 2.5 Baths • 1,608 sqft

Discover this distinctive and spacious 3-bedroom, 2.5-bath home with a one-car garage. Enter into a generously sized living room perfect for relaxing or entertaining. The kitchen has a brand-new dishwasher, updated light fixtures complementing the breakfast area beautifully. Freshly painted throughout this home is move-in ready. Residents can enjoy the amenities, including outdoor pool, playground, pond, and proximity to the neighborhood walking trail. Refrigerator, draperies, TV brackets and cameras will convey, this home is the complete package. Don’t miss out on this exceptional opportunity!

Neighborhood Watch: Where’s the Next Hot Spot?

Belmont - The Next Investor Haven?

Why It’s Hot:

• Close to Uptown, with easy access to I-85 & I-485.

• New restaurants, breweries, and retail developments.

• 15% YoY increase in property values, but still affordable compared to South End.

• Average home price: $395K (compared to $595K+ in South End).

Homeowners: Property values in Riverside are projected to increase by 12% over the next 18 months. If you've owned your home here for 5+ years, you may be sitting on significant equity.

Renters: Average rent in Riverside is $1,850 for a 2-bedroom apartment. With current mortgage rates, a comparable monthly payment could get you a $340,000 home with 10% down.

The Renter’s Report: Where to Find the Best Deals

Best 2-Bedroom Rent Under $1,800: Plaza Midwood
✅ Walkable, trendy, and still has deals below market rate.

Best Family-Friendly Rental: Matthews
✅ Top schools, suburban feel, and large yards.

Most Affordable Area Near Uptown: Wesley Heights
✅ Close to South End, but 20% cheaper!

Nearby Cities to Watch

Huntersville, NC – A Family-Friendly Alternative

• Median Home Price: $539,000

• Why It’s Hot: Excellent schools, lower property taxes, and close proximity to Charlotte.

• Investor Tip: Strong demand for rentals due to influx of families and commuters.

Concord, NC – Emerging Market for Investors

• Median Home Price: $399,000

• Why It’s Hot: Affordable prices, new job opportunities, and upcoming development projects.

• Investor Tip: Good cap rates and lower cost per door for multi-family units.

Harrisburg, NC – The Next Growth Corridor

• Median Home Price: $471,000

• Why It’s Hot: Rapid economic development, new infrastructure projects, and a growing rental market.

• Investor Tip: Consider short-term rentals and workforce housing for strong cash flow.

Matthews, NC – The Next Growth Corridor

• Median Home Price: $555,000

• Why It’s Hot: Rapid economic development, new infrastructure projects, and a growing rental market.

• Investor Tip: Consider short-term rentals and workforce housing for strong cash flow.

Gastonia, NC – The Next Growth Corridor

• Median Home Price: $328,000

• Why It’s Hot: Rapid economic development, new infrastructure projects, and a growing rental market.

• Investor Tip: Consider short-term rentals and workforce housing for strong cash flow.

Home Maintenance Corner

Spring is around the corner! Essential February checklist:

• Schedule HVAC maintenance before summer rush.

• Check for winter roof damage.

• Clean gutters after winter storms.

• Test sump pumps for spring rains.

That’s it for this week.

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