Charlotte Housing Market

Charlotte’s housing market showed little change in June as sales and prices remained mostly flat. Home sales rose slightly while price growth slowed, and inventory continued to expand, though at a slower pace than last year.

Charlotte's housing market showed some improvement in June. Home sales rose 0.2% from a year earlier, marking the second straight month of annual gains after several months of declines earlier in the year. However, that gain trailed the national increase of 6.9%.

The market also trailed several Southern peers. Raleigh posted a 12.3% jump in sales, while Nashville recorded a 1.5% increase. Charlotte performed better than Atlanta, where sales fell 3%.

A stronger job market may have helped keep buyers active. Payroll employment in the region was up 1.4% in April, the strongest annual gain since July 2025. Single-family home sales rose 1.3% to 3,244, the highest level in three years. Townhome sales climbed to 510, the first annual increase in more than six months

The number of homes for sale in Charlotte in June rose 8.5% compared to June 2025. That doubled the national inventory increase of 4.2% but was substantially slower than the 19.5% annual pace of inventory growth posted last year.

Inventory grew at a slower pace than in several Southern markets such as Raleigh, Atlanta, and Nashville, where listings rose 8.6%, 9.8% and 18.6%, respectively. Supply has started to tighten more quickly in Florida markets, though, with Tampa and Jacksonville inventory falling by 9.1% and 16.4%, respectively.

While single-family homes make up the bulk of inventory, townhome inventory continues to grow faster. Single-family inventory rose 5.4% to 10,875 homes, while townhome inventory increased more than 20% to 2,135 listings.

Home prices were mostly flat in June, suggesting buyers gained some negotiating leverage as inventory increased. The Charlotte area's median home price reached $430,000, up just 0.6% from a year earlier and below the national increase of 1.5%.

Charlotte's price growth was stronger than Raleigh's, where prices fell 2.1%, but weaker than Jacksonville and Tampa, where prices rose 6.7% and 1.7%, respectively.

The biggest divide remained between single-family homes and townhomes. Single-family prices rose 1.8% to $458,000. Townhome prices fell 1.4%, extending a streak of four consecutive months of annual declines.

The median home sale price in Charlotte increased by 0.6% compared to the same time last year, while the national median price rose by 1.5%.

Charlotte was the 21st highest-priced housing market among the top 40 largest markets last month. The Charlotte median home price of $430,000 was 7.2% above the national median home price. Charlotte's median home price in June is the highest observed price for any month in the market.

The median price of Charlotte single-family homes rose by $8,000 over the past year to $458,000, while the median townhome price declined by 1.4%, and the median condo price fell by 1.3%.

Charlotte was the 21st highest-priced housing market among the top 40 largest markets last month. The Charlotte median home price of $430,000 was 7.2% above the national median home price. Charlotte's median home price in June is the highest observed price for any month in the market.

The number of homes for sale in Charlotte increased by 8.5% in June compared to the same time last year, while national homes for sale rose by 4.2%.

Charlotte homes for sale rose by 1,093 year over year in June to 13,931 homes for sale. Charlotte ranked 18th, on a percentage basis, for the annual change in the number of homes for sale among the top 40 U.S. markets in June.

Charlotte homes for sale were above their pre-pandemic levels in the month of June. Charlotte homes for sale were 11.2% above the June 2019 total of 12,525.

Charlotte single-family homes for sale grew by 5.4% to 10,875 in June. In comparison, townhomes for sale rose by 20.1% to 2,135, and condos for sale increased by 23.6% to 921.

The number of home sales in Charlotte increased by 0.2% in June compared to the same time last year, while national home sales rose by 6.1%.

Charlotte home sales increased by eight, year over year, on a nominal basis in June to 3,869. For context, 3,861 sales closed in Charlotte in June 2025.

Charlotte ranked 35th for the annual change in home sales out of the top 40 U.S. markets in June on a percentage basis. This year's June increase of 0.2% compares with the 12.6% year-over-year increase in June 2025.

Charlotte single-family sales increased by 1.3% in June to 3,244. In comparison, townhome sales rose by 6.9% to 510, and condo sales fell by 36.5% to 115.

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

cmcshane@costar.com

Homes.com releases preliminary figures on housing trends on a monthly basis. Although these numbers may change slightly once all transactions are accounted for, they provide an early indication of home price appreciation, inventory changes, and sales volume in Charlotte during June 2026.

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.

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.

Definition of Inventory

Inventory is the number of unique active listings that were for sale 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.

Definition of Home Sales

The total number of closed home sales on the MLS during the 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.

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.