Charlotte’s Housing Market Cools… And That’s Good News!

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June 17, 2025

Charlotte’s Housing Market Cools… And That’s Good News!

is charlotte a buyers market

Buyers, Your Moment Has Arrived

If you’ve been trying to buy a home in Charlotte these past few years, you probably know the drill: homes selling lightning-fast, intense bidding wars, and feeling pressured into rushed decisions. Well, here’s some great news… the market is finally shifting in your favor, giving you room to breathe, explore, and make thoughtful choices.

The numbers say it all: this spring, Charlotte’s housing inventory has grown impressively. In May 2025 alone, active home listings rose by 8.1%, reaching over 5,300 available properties. Even more dramatically, listings jumped by 42% year-over-year in April, with almost 10,000 homes hitting the market, ranging from comfortable mid-priced houses to beautiful luxury properties.

This surge in available homes means more freedom, more choices, and less stress. Now, you can take your time, compare your options, and truly find a place you’ll love calling home.

No More Rushed Decisions

Buyers in Charlotte no longer have to make rushed decisions. Homes are staying on the market significantly longer compared to last year, up from 24 days to around 32 days on average, with some neighborhoods seeing even longer waits. This shift means buyers finally have room to breathe and carefully consider their options.

Here’s why this matters:

  • More time to negotiate: Longer market times make sellers more open to discussions around price, repairs, and closing costs.
  • Proper due diligence: You can comfortably perform inspections and appraisals without feeling pressured into quick decisions.
  • Potential savings: Recent Zillow data shows over half of Charlotte homes sold below their asking prices, indicating this trend toward negotiation is here to stay.

charlotte home buying

Prices Cooling Off (But Not Crashing!)

One of the biggest concerns buyers have is whether home values will drop sharply. But rest easy. Charlotte isn’t experiencing a collapse; it’s just a healthy correction.

Median home prices in Charlotte are holding steady between $405K and $425K, with modest year-over-year appreciation of about 2–6%. April’s median sale price hovered around $399K, still strong but noticeably cooler than the past few years’ overheated market.

This shift isn’t about dramatic price drops; it’s about returning to normalcy after unprecedented highs. For buyers, this means there’s still value in purchasing property without fear of a bubble bursting.

Buyers Are Gaining Back the Upper Hand

High mortgage rates nationwide (currently around 6.8%) have cooled the frantic pace of homebuying, putting committed buyers in a much stronger position.

In Charlotte, sellers who once had all the power are now more accommodating.

Contingencies once waived in bidding wars are back on the table. Sellers are now considering closing cost credits, repair negotiations, and other concessions to bring balance back to the market.

What Does This Mean for You as a Buyer?

This shift toward a buyer-friendly market is great news if you’re looking for a home right now. More homes on the market and longer selling times put you in a powerful position.

Here’s what that means in practical terms:

  1. More Choices and Flexibility: Take your time to compare homes, weigh your options, and confidently choose a place that perfectly fits your lifestyle and budget.
  2. Greater Negotiating Power: With over half of Charlotte homes recently selling below asking price, you have room to negotiate better terms, repairs, and prices, potentially saving you thousands.
  3. No More Rushed Decisions: Contingencies are back, allowing you to conduct thorough inspections, appraisals, and financing checks without the stress of competition.

buy a house in charlotte

Now Is The Time!

The Charlotte real estate market has shifted in your favor, and Henderson Properties Realtors is here to help you take full advantage.

With more homes available, increased negotiating power, and less pressure, you can finally find your perfect home without the stress of bidding wars. Whether you’re eyeing a bungalow in Plaza Midwood or single family home in Monroe, our experienced local agents will guide you. Let’s work together to secure your ideal home at the right terms and price.

Contact Henderson Properties Realtors and make your move with confidence!

Shelly Henderson
Shelly Henderson
Shelly calls herself a “Charlottean” because her family has been there since her elementary school days. She serves as Henderson Properties’ co-founder, along with her husband Phil, managing the day-to-day operations, social media branding and leadership development. Her different life experiences, both positive and challenging, earned the title to her first book Starting From Scratch. Shelly has a servant’s heart and leads her company with purpose and passion. She is mom to two sons who continue as young adults to make her heart swell.
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