Housing market report · North Carolina

Charlotte, NC housing market report

Updated 2026-08-03

Median home value: $356,400
Median household income: $83,304
Median gross rent: $1,473/mo
Owner-occupied households: 65.9%
Metro population: 2,768,407
30-yr mortgage rate (national): 6.66%

The metro's median home value is $356,400 against a median household income of $83,304 (Census ACS 2020-2024). 65.9% of households own their homes, and the median gross rent is $1,473 per month.

Browse Charlotte homes

If you're buying in Charlotte

At the current national average 30-year rate of 6.66%, buying at the metro's median value ($356,400) with 20% down works out to roughly $1,832 per month in principal and interest, before taxes and insurance.
The median home value here is about 4.3x the median household income.

If you're selling in Charlotte

The metro's median gross rent is $1,473 per month - one reference point if you are weighing a sale against renting the home out.
65.9% of households in the metro own their homes.

Own a home in Charlotte?

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