Mecklenburg County, NC Home Values & Market Trends

The median home price in Mecklenburg County, NC is $416,581.78. There were 16,756 home sales in Mecklenburg County, NC over the past 12 months. The median residential Mecklenburg County, NC home value for transactions over the previous year is $390,886.326. The number of current listings in Mecklenburg County, NC is 2,102, and the percentage of properties for sale is 2102.00%. The county has 289 foreclosures, 5 bank owned properties, 92 headed for auction, and 2,102 properties for sale.

Mecklenburg County, NC Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Charlotte

$ 415,386

$ 238/sqft

Matthews

$ 526,500

$ 232/sqft

Huntersville

$ 550,000

$ 214/sqft

Davidson

$ 609,399

$ 270/sqft

Cornelius

$ 539,136

$ 319/sqft

Pineville

$ 439,379

$ 219/sqft

Housing Market Summary for Mecklenburg County, NC

Apr 2023March 2024Change
Median Listing Price$435K$390.8K-10.17%
Median Sold Price$386.9K$390.8K0.99%
Homes For Sale1,9181,725-10.06%
Homes Sold9,1115,970-34.47%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Mecklenburg County, NC

Mecklenburg County, NC home values range from $24,073 to $66,705,130. Davidson is the priciest city with a median listing home price of $609,450, and Charlotte is most affordable with average house prices of around $415,000.

Foreclosure
There are 6 cities within Mecklenburg County, NC; within these cities, the median estimated home value for homes in foreclosure ranges from $633,171 in Charlotte to the lowest value of $64,794 in Charlotte. Foreclosure homes account for 0.00% of properties in Mecklenburg County, NC with Charlotte containing 262 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.06% of all residential properties in Mecklenburg County, NC with Charlotte containing 176 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 6 cities within Mecklenburg County, NC; of those cities, the estimated home value for pre-foreclosure homes ranges from $3,504,004 in Davidson to the lowest home value of $109,079 in Charlotte.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Mecklenburg County, NC ranges from the highest value of $1,350,000 in Charlotte to the lowest value of $64,794 in Charlotte. Bank owned homes and properties account for 0.00% of properties in Mecklenburg County, NC. There are 6 cities within Mecklenburg County, NC; Charlotte containing 5 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Charlotte has 81 auction properties, the highest number of properties going to auction in a single city in the state of Mecklenburg County, NC. Auction homes and other auction properties account for 0.03% of all properties in Mecklenburg County, NC. There are 6 cities within Mecklenburg County, NC; of those cities, the median estimated home value for homes going to auction ranges from $789,263 in Matthews to the lowest value of $112,284 in Matthews.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.61% of residential properties in Mecklenburg County, NC with Charlotte containing 1714 homes for sale, the highest number of listed properties in a single city. There are 6 cities within Mecklenburg County, NC; homes for sale in those cities, have a range of median values from $3,295,000 in Davidson to the lowest value of $56,034 in Charlotte.
    Sold Homes
    The median value for recently sold homes ranges from $763,458 in Pineville to the lowest price of $24,073 in Pineville. There are 6 cities within Mecklenburg County, NC. Charlotte has 6013 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.19% of properties in Mecklenburg County, NC.

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      Guide for Mecklenburg County, NC

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent|posted 12 February 2024

      This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.