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Charlotte, NC

Full City Profile · North Carolina · Mecklenburg County County

3.5 /5.0
B+ Good
886,283 Population 2,844/sq mi density
$78,438 Median Income $49,991 per capita
$351,500 Home Value $393,846 Zillow
$1,504 Median Rent 29.5% income on rent
62°F Avg Temperature 303 sunny days/yr
536 Violent Crime/100K 11,967 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$78,438 median income, 3.2% unemployment
A
Affordability
4.2 / 5.0
$351,500 home value, $1,504/mo rent
F
Safety
1.0 / 5.0
536 violent crimes/100K (41% above avg)
A+
Education
4.8 / 5.0
47.4% bachelor's degree or higher

Housing Overview

Median Home Value
$351,500
25% above
US avg: $281,900
Median Rent
$1,504/mo
29% above
US avg: $1,163/mo
Homeownership Rate
51.5%
21% below US avg (65.4%)
Total Housing Units
383,380
Median year built: 1993

Home Value by Source

Census Median
$351,500
Zillow (ZHVI)
$393,846
Median Sale Price
$416,000
Median List Price
$439,045
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

51.5%
Owner-Occupied
48.5%
Renter-Occupied
52%
49%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $1,504/mo · Zillow rent: $1,705/mo

Market Indicators (Redfin)

Median Days on Market
88 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
744
Price Drops
23.3%
of listings with price reduction
Price Per Sq Ft
$232
Active Inventory
3,200
homes for sale

Affordability & Housing Stock

Rent Burden
29.5%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
1993
Average age of housing stock: 33 years
Homeownership Rate
51.5%

Complete Housing Data

Home Values

Census Median Value$351,500
Zillow Home Value (ZHVI)$393,846
Median Sale Price$416,000
Median List Price$439,045
Price Per Sq Ft$232

Rent

Census Median Rent$1,504
Zillow Rent (ZORI)$1,705
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market88
Sale-to-List Ratio1.0%
Price Drops23.3%
Homes Sold744
Active Inventory3,200
Price Per Sq Ft$232

Ownership & Stock

Owner-Occupied51.5%
Renter-Occupied48.5%
Homeownership Rate51.5%
Total Housing Units383,380
Median Year Built1993
Rent Burden29.5%