Housing Trends in Charlotte
Home Prices Are On the Rise: As of September 2023, Charlotte saw a 5.1% year-over-year increase in home prices, with the median home price reaching $405,000. This upward trend reflects steady demand and continued development across the region.
Affordability Remains Competitive: Despite the price growth, housing in Charlotte is still about 4% more affordable than the national average, making it a great value for those relocating or purchasing a first home.
Time on Market: Homes in Charlotte typically sell within 34 days, reflecting a moderately competitive market where buyers have time to make informed decisions without rushing.
More Inventory, More Options: Compared to a year ago, buyers now have more options, as homes are spending slightly more time on the market before being sold. This gives prospective homeowners greater flexibility and bargaining power.
A Diverse Regional Market: The Charlotte real estate market spans a wide geographic area, including 12 counties in North Carolina and 4 counties in South Carolina. Because Charlotte sits directly on the NC-SC border, market dynamics can vary significantly by location—urban neighborhoods, suburban communities, and rural outskirts all offer different opportunities and pricing trends.
The Bottom Line
Charlotte's housing market continues to grow and evolve, with trends pointing toward sustained demand, increasing home values, and more choices for buyers. Whether you're a first-time buyer, relocating for work, or looking to upgrade, now is a great time to explore your options.
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Things to do in Charlotte
Discovery Place Science
Discovery Place in Charlotte, NC, is an immersive science museum designed to ignite curiosity and inspire learning through hands-on exhibits and interactive experiences. Featuring fascinating displays focused on science, technology, and the natural world, it’s a destination that appeals to visitors of all ages. From exploring ecosystems and engaging with innovative tech to stargazing in the planetarium, Discovery Place delivers an unforgettable educational adventure in the heart of the city.
US National Whitewater Center
Mint Museum Uptown
Charlotte Motor Speedway
Bank of America Stadium - Carolina Panthers and Charlotte FC






Commuting in Charlotte
Commuting in Charlotte, North Carolina can vary based on your location, work schedule, and transportation preferences. As the city continues to grow, it's important to understand the local transportation landscape when choosing where to live.
- Traffic Patterns: Charlotte’s rapid population growth has led to increased traffic congestion, particularly during morning and evening rush hours. Major corridors like I-485 and I-77 are often the most heavily traveled, so it’s wise to plan for potential delays if you rely on these routes.
- Public Transportation Options: The Charlotte Area Transit System (CATS) offers both bus services and the Lynx Blue Line light rail, which connects South Charlotte to Uptown. For many commuters, especially those working in the city center, this can be a reliable and convenient alternative to driving.
- Limited Tram Access: Charlotte currently has five tram stops, but the limited tram network makes it less practical for daily commuting. Expansion is underway, but coverage remains sparse for now.
- Commute Times: Commute times vary depending on your route and proximity to major business hubs. Some areas offer quicker access to Uptown or surrounding job centers, so it’s helpful to factor this into your home search.
- Biking and Walking: The city is investing in infrastructure improvements to support bike commuting and pedestrian access. Greenways and designated bike lanes are expanding, making it easier for residents to embrace alternative, eco-friendly travel options.
Overall, Charlotte offers a manageable commute for most residents, especially when you choose the right neighborhood. True Homes features new home communities throughout the greater Charlotte region, giving you the flexibility to select a location that fits your lifestyle and commuting needs. Whether you're looking for quick access to Uptown or a quieter suburban setting with easy highway connections, we have a community that's right for you.