$425K
Median Home Price
↑ 6.5% YoY
53
Days on Market
↑ 12 days YoY
4.0
Months of Inventory
Balanced Market
98.1%
Sale-to-List Ratio
Stable

Market Outlook: February 2026

Charlotte's housing market enters 2026 in a balanced state. After years of being a strong seller's market, we're now seeing equilibrium between buyers and sellers. The median home price of $425,000 represents a healthy 6.5% increase from last year, though the pace of appreciation has moderated.

Inventory has improved significantly, giving buyers more options and negotiating power. Homes are taking slightly longer to sell (53 days average), but well-priced properties in desirable neighborhoods still move quickly. My recent listings in Mint Hill and Matthews sold in under a week.

For sellers, this means pricing correctly from day one is critical. Overpriced homes will sit. For buyers, there's less pressure to waive inspections or make aggressive offers—though desirable properties still see competition.

Key Indicators

Market Type Balanced
Mortgage Rates ~6.5%
New Listings ↑ 8% MoM
Closed Sales ↓ 2% YoY
Price/Sq Ft $233

Price Trends by Area

Neighborhood Median Price YoY Change Avg DOM Active Listings
Ballantyne (28277) $630,000 +3.8% 45 days 87
Waxhaw $650,000 -15.4% 43 days 92
Matthews $535,000 +7.0% 49 days 74
Mint Hill $520,000 +15.6% 54 days 68
Huntersville $550,000 +4.2% 40 days 95
Davidson $680,000 +5.1% 52 days 41
Fort Mill, SC $545,000 +6.3% 42 days 118
Mooresville $520,000 +4.8% 48 days 156

For Buyers & Sellers

🏠 For Buyers

  • More inventory means more choices—take your time
  • Less pressure to waive inspections or appraisals
  • Seller concessions are back on the table (ask for closing cost help)
  • Rates around 6.5%—consider buying now and refinancing later
  • Spring 2026 may bring more competition as rates potentially ease

💰 For Sellers

  • Price correctly from day one—overpriced homes sit
  • Condition matters more than ever (staging, repairs pay off)
  • Expect 53+ days on market on average
  • Be prepared to negotiate—buyers have options
  • Work with an agent who knows how to market effectively

Tony's Take

The Charlotte market is healthier now than it's been in years. We're no longer in the frenzy of 2021-2022, and that's a good thing. Buyers have breathing room, and sellers who price correctly are still getting strong results. My team closed January with a 99.47% sale-to-list ratio—well above market average. The key? Understanding each neighborhood's micro-market and positioning properties accordingly.

TK
Tony Karak
#2 BHGRE Agent Nationally | $218M+ Sold

Charlotte Median Home Price

Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb

Charlotte median prices: $399K (Mar '25) → $425K (Feb '26) | +6.5% YoY

Data sources: Canopy MLS, Redfin, Zillow, NC Realtors Association. Data reflects residential sales in Charlotte-Mecklenburg and surrounding counties. Updated February 1, 2026. Individual neighborhood conditions may vary.

Get Your Personalized Market Analysis

Every home is unique. Get a free, custom valuation based on your specific property and neighborhood.