Charlotte, NC finance hub and fastest-growing large city in the Southeast; strong job market supporting housing demand. This report covers current market conditions, investment fundamentals, and key metrics for real estate buyers and investors.
Current Market Snapshot
Investment Analysis
With a gross yield of 5.1% and a median price of $375,000, Charlotte sits in the moderate yield range. A typical 2-bedroom property rents for approximately $1,593/month based on HUD Fair Market Rent data.
The affordability index of 80 suggests housing costs exceed what the median household can comfortably afford — watch for affordability-driven demand moderation.
Market Temperature: Hot
With a median DOM of 25 days and approximately 3,800 active listings and fierce competition, Charlotte's market is currently classified as hot. Low inventory is supporting seller leverage; buyers should move decisively on well-priced properties.
Key Data Points
| Metric | Value |
|---|---|
| Median Sale Price | $375,000 |
| YoY Price Change | +4.2% |
| Median Days on Market | 25 days |
| Active Listings | 3,800 |
| Est. 2BR Fair Market Rent | $1,593/mo |
| Gross Rental Yield | 5.1% |
| Median Household Income | $70,000 |
| Affordability Index | 80 |
Getting Live Data via API
ZipMarketData provides live data for all ZIP codes within the Charlotte, NC metro. Use the /market-stats endpoint with any Charlotte ZIP code for the most current figures.