Home Prices Aren’t Crashing — Here’s What’s Actually Happening in Charlotte
You might’ve heard: “Home prices are going to crash.” But in the Charlotte area, the reality is different. While growth has slowed, prices are holding firm. Let’s unpack what’s really happening, and what it means for you.
The Data Speak
Median listing home price in Charlotte ~$435K, almost flat year-over-year. Realtor+1
Appreciation running in the 2-4% range (not 10-15%). Norada Real Estate+1
Inventory rising slightly but not flooding the market, still demand. Rocket Mortgage
Why Prices Aren’t Collapsing
Steady in-migration into the Charlotte area supports demand.
Limited new housing stock in many suburban areas keeps supply constrained.
Many buyers are still waiting on the sidelines, keeping pressure in place.
What This Means for You
Buyers: You’re not necessarily going to get “discounts,” but you do gain more time for decision-making and negotiation.
Sellers: Timing and preparation matter more than ever; you’re in a stable market with good opportunity if you’re strategic.
Pro Tip: Don’t wait solely for “prices to drop.” Instead, focus on finding a home that fits your goals and budget now, markets move for decisions, not predictions.
Want to understand how your neighborhood is doing compared to the broader Charlotte region? Let’s review the data together.
-Jonathan, The Carolinas Property Hawk