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
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 Market | 88 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.3% |
| Homes Sold | 744 |
| Active Inventory | 3,200 |
| Price Per Sq Ft | $232 |
Ownership & Stock
| Owner-Occupied | 51.5% |
| Renter-Occupied | 48.5% |
| Homeownership Rate | 51.5% |
| Total Housing Units | 383,380 |
| Median Year Built | 1993 |
| Rent Burden | 29.5% |
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