Is Charlotte, NC 28221 a buyer’s or seller’s market?
Charlotte is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Charlotte housing market right now
In the three months ending August 31, 2026, 0% of homes in Charlotte, NC 28221 sold above their list price and the typical home went under contract in 206 days. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (9 days then) and the median sale price fell 44% to $255,889. Overall, Charlotte is less competitive than a year ago, which gives buyers more room.
Run the numbers for 28221
Questions about Charlotte real estate
How fast do homes sell in Charlotte?
The typical home went under contract in 206 days in the latest three months.
Do homes in Charlotte sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.
What is the median home price in Charlotte?
The median sale price was $255,889 in the three months ending August 31, 2026, about $237 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology