Market Overview
The Charlotte NC real estate market continues to show resilience in February 2026. Active listings remain below the 5-year average, while demand from buyers relocating from the Northeast and Midwest stays strong.
Key Numbers This Week
- Median home price: $398,500 (+4.2% year-over-year)
- Active listings: 4,820 (-8% vs. February 2025)
- Days on market: 28 days (down from 34 last year)
- Mortgage rate (30-yr fixed): ~6.85%
- Months of supply: 2.1 months (seller's market territory)
What This Means for Buyers
With inventory still tight and rates in the mid-6% range, buyers need to come prepared. Pre-approval is essential before submitting any offers. Homes priced correctly under $450K are still seeing multiple offers within the first weekend.
What This Means for Sellers
If you have been waiting to list, spring 2026 is shaping up to be a strong season. Properly staged homes in desirable Charlotte neighborhoods — Ballantyne, SouthPark, NoDa, and Steele Creek — are selling at or above list price.
Neighborhoods to Watch
Steele Creek and Mint Hill continue to attract buyers priced out of the inner ring. Both areas offer newer construction inventory and easy access to I-485. I am seeing strong activity in the $320K–$420K range there.
My Take
Charlotte remains one of the most attractive metros in the Southeast for both primary home buyers and investors. If you are thinking about buying or selling this spring, let's connect — I would love to help you navigate this market.