Charlotte’s median home price increased to $400,000 in January, up by 0.9% or $3,500 compared to the same month in 2025.
Charlotte home price growth is positive but sluggish
Charlotte’s home prices increased 0.9% year over year in January, slightly below the national gain of 1.3%. This places Charlotte in the middle of the pack, ranking 17th out of the largest 40 U.S. markets for annual price growth on a percentage basis. Price appreciation in Charlotte was significantly slower than in January 2025, when annual price growth totaled 3.8%.
Charlotte’s townhome and condo prices are falling
Charlotte’s home sales price appreciation has been concentrated among single-family detached homes. Single-family detached home prices rose 1.1%, or $4,450 to a median of $419,450, while townhome prices fell -2.6% or $9,485 to $350,000. Condo sale prices in Charlotte posted the steepest annual decline of -4.9%, or $15,000 to $290,000.
Charlotte sales price growth outpaces other Southeastern markets
While Charlotte home sales price growth lags the national average, appreciation remains stronger in Charlotte than many other Southeastern markets such as Atlanta, where prices fell 0.2% and in-state rival Raleigh, where home prices fell 4.3%, the steepest decline among the 40 largest markets. Only three other Southeastern markets, including Tampa, Miami, and Richmond, posted stronger home sales price growth.
For questions and commentary about this report:
Chuck McShane, Senior Director of Market Analytics at CoStar and Homes.com, based in Charlotte, is available for interviews to provide expert insights on this data and the broader residential real estate market.
Chuck McShane
Senior Director of Market Analytics
Homes.com
Homes.com releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all home sales are accounted for, they provide an early indication of home sale price appreciation in Atlanta during January 2026.
Definition of Sale Prices
Median home price is the midpoint sale price of homes closed during each month. This data includes homes that are detached, attached, and condominiums. Detached homes are single-family units. Attached homes are townhomes, rowhouses, and duplexes. The condominium classification includes co-ops.
For most markets, geographical coverage consists of the Census-defined Core-Based Statistical Area (CBSA). Data for San Francisco, Los Angeles, Miami, and New York is at the Metropolitan Division level.
About the Homes.com Market Analytics Team
The Homes.com Market Analytics group is a team of experienced analysts embedded in nearly 30 markets across North America. These experts reside in and regularly visit the markets they cover, providing local expertise and a national perspective on all sectors of real estate: residential, office, industrial, retail, and multifamily.
About Homes.com Analytics Data
The Homes.com analytic data is compiled by the CoStar Analytics team, the largest and most experienced analytics team in the real estate industry. The team consists of over 50 economists, analysts, and data scientists, who collectively have more than 900 years of real estate experience and over 30 advanced degrees. Analysts on the team live in and around the markets they cover, enabling them to build deep local knowledge and unique insights.
The data set being used by the team is one of the most comprehensive and robust in the industry. It spans all 393 metropolitan markets, 542 micropolitan markets, and over 35,000 local neighborhoods in the U.S. The data set is sourced from almost 500 Multiple Listing Service (MLS) providers around the country, as well as public record data from each market, and is supplemented by proprietary data collected by CoStar's team of over 2,000 researchers. It includes a complete inventory of all homes in the U.S., including homes for sale, homes for rent, new construction homes, as well as sale comps and rent comps.