Is Charlotte, NC 28216 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Charlotte is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market

Sold above original list17.9%Share of sales, last 3 months

Median sale-to-list98.1%Sold price ÷ list price

Median days on market59Listing to accepted offer

Median price per sq ft$202▲ +0.3% vs. last year

Run the numbers for 28216

Prefilled for 28216Can I win this house?Multiple-offer likelihood for a listing Prefilled for 28216Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Charlotte 28202Buyer’s market $361 /sq ft Charlotte 28203Seller’s market $459 /sq ft Charlotte 28204Balanced $326 /sq ft Charlotte 28205Balanced $356 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology