Charlotte (city) Residential

CHARLOTTE REGION

RESIDENTIAL SALES SUMMARY

Another double-digit Median and Average Sales Price increase, a jump in inventory, and a slow down in Closed Sales define much of the Charlotte Region and establish a baseline for our other markets.

The Median Sales Price in Q3, 2022 for a single family home in Charlotte was $385,000 for a

year over year increase of 15.6%

As of October, 2022 the Average Month's Rent in Charlotte for a 2 bedroom was $1,695

Charlotte Occupied Housing Units** 57% of homes are owner-occupied households and 43% are renter-occupied households

The Median Sales Price in Q3, 2022 for a single family home in Mecklenburg County was $420,000 for a