Maurice Barnes' Market Report

Charlotte, NC

Single-Family Homes

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Charlotte, NC

Sun Aug 16 2026
This week the median list price for Charlotte, NC is $489,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 2,000. Click here to stay informed with the Charlotte market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Charlotte, NC

Sun Aug 16 2026
This week the median list price for Charlotte, NC is $489,000 with the market action index hovering around 36. This is less than last month's market action index of 38. Inventory has increased to 2,000. Click here to stay informed with the Charlotte market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Charlotte market.
Median List Price $489,000
Median Price of New Listings $427,450
Per Square Foot $242
Average Days on Market 81
Median Days on Market 56
Price Decreased 53%
Price Increased 2%
Relisted 5%
Inventory 2,000
Median Rent
Market Action 36
Slight Seller's Advantage

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,098,750 3,617 0.25 - 0.5 acre 4 3.5 20 25 58 63
$579,900 2,434 0.25 - 0.5 acre 4 2.5 25 43 29 56
$425,000 2,076 8,000 - 10,000 sqft 4 2.5 22 55 47 42
$324,900 1,391 8,000 - 10,000 sqft 3 2 38 51 64 49