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Matthews, NC
Full City Profile · North Carolina · Mecklenburg County County
3.9
/5.0
B+
Good
29,959
Population
1,751/sq mi density
$105,579
Median Income
$49,894 per capita
$406,800
Home Value
$495,665 Zillow
$1,670
Median Rent
26.2% income on rent
61°F
Avg Temperature
320 sunny days/yr
174
Violent Crime/100K
3,332 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$105,579 median income, 1.4% unemployment
A+
Affordability
4.5 / 5.0
$406,800 home value, $1,670/mo rent
F
Safety
1.0 / 5.0
174 violent crimes/100K
A+
Education
5.0 / 5.0
53.9% bachelor's degree or higher
Housing Overview
Median Home Value
$406,800
44% above
US avg: $281,900
Median Rent
$1,670/mo
44% above
US avg: $1,163/mo
Homeownership Rate
65.5%
0% below US avg (65.4%)
Total Housing Units
11,737
Median year built: 1992
Home Value by Source
Census Median
$406,800
Zillow (ZHVI)
$495,665
Median Sale Price
$476,500
Median List Price
$457,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.5%
Owner-Occupied
34.5%
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:
$1,670/mo
· Zillow rent:
$1,716/mo
Market Indicators (Redfin)
Median Days on Market
36 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
23
Price Drops
28.8%
of listings with price reduction
Price Per Sq Ft
$236
Active Inventory
59
homes for sale
Affordability & Housing Stock
Rent Burden
26.2%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
65.5%
Complete Housing Data
Home Values
| Census Median Value | $406,800 |
| Zillow Home Value (ZHVI) | $495,665 |
| Median Sale Price | $476,500 |
| Median List Price | $457,450 |
| Price Per Sq Ft | $236 |
Rent
| Census Median Rent | $1,670 |
| Zillow Rent (ZORI) | $1,716 |
| 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 | 36 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.8% |
| Homes Sold | 23 |
| Active Inventory | 59 |
| Price Per Sq Ft | $236 |
Ownership & Stock
| Owner-Occupied | 65.5% |
| Renter-Occupied | 34.5% |
| Homeownership Rate | 65.5% |
| Total Housing Units | 11,737 |
| Median Year Built | 1992 |
| Rent Burden | 26.2% |