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Waxhaw, NC

Full City Profile · North Carolina · Union County County

3.8 /5.0
B+ Good
21,565 Population 1,769/sq mi density
$128,115 Median Income $47,224 per capita
$506,300 Home Value $616,582 Zillow
$1,770 Median Rent 23.8% income on rent
61°F Avg Temperature 310 sunny days/yr
145 Violent Crime/100K 907 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$128,115 median income, 2.5% unemployment
A
Affordability
4.5 / 5.0
$506,300 home value, $1,770/mo rent
F
Safety
1.0 / 5.0
145 violent crimes/100K
A+
Education
5.0 / 5.0
54.9% bachelor's degree or higher

Housing Overview

Median Home Value
$506,300
80% above
US avg: $281,900
Median Rent
$1,770/mo
52% above
US avg: $1,163/mo
Homeownership Rate
82.2%
26% above US avg (65.4%)
Total Housing Units
6,548
Median year built: 2008

Home Value by Source

Census Median
$506,300
Zillow (ZHVI)
$616,582
Median Sale Price
$557,000
Median List Price
$635,199
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.2%
Owner-Occupied
17.8%
Renter-Occupied
82%
18%
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: $1,770/mo · Zillow rent: $2,274/mo

Market Indicators (Redfin)

Median Days on Market
62 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
20
Price Drops
21.1%
of listings with price reduction
Price Per Sq Ft
$185
Active Inventory
95
homes for sale

Affordability & Housing Stock

Rent Burden
23.8%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
2008
Average age of housing stock: 18 years
Homeownership Rate
82.2%

Complete Housing Data

Home Values

Census Median Value$506,300
Zillow Home Value (ZHVI)$616,582
Median Sale Price$557,000
Median List Price$635,199
Price Per Sq Ft$185

Rent

Census Median Rent$1,770
Zillow Rent (ZORI)$2,274
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 Market62
Sale-to-List Ratio1.0%
Price Drops21.1%
Homes Sold20
Active Inventory95
Price Per Sq Ft$185

Ownership & Stock

Owner-Occupied82.2%
Renter-Occupied17.8%
Homeownership Rate82.2%
Total Housing Units6,548
Median Year Built2008
Rent Burden23.8%