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Charlotte

Welcome to the Queen City: a Southern jewel whose one-of-a-kind attractions and unique beauty shine brightly. Our crowning glory? A friendly, diverse and creative class of people who thrive on adventure, inclusiveness and the constant curiosity to seek what's new and what's next.

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282

Total Number of Projects

$474,670

SFD New Home List Price

$65,090

Median Household Income

27,661

Total Housing Permits

Market Health

Charlotte's population is 2.7M, with a total workforce of 1.2M. The labor market grew by 45,100 jobs over the past year, up by 3.7%. The median household income in Charlotte is $65,090, 5.2% lower than last year and 3.6% below the national average of $67,521.

In the housing market, total permits issued totaled 27,661 over the last twelve months, up 16.7% year-over-year. Charlotte has 282 active new home projects on the market, 15.6% fewer than the 334 from last year. The average list price in the market is $474,670, 17.6% higher than last year and 5.3% above the national average. Over the last three months, new home contracts decreased by 19.7% to 2,733. Charlotte and Monroe had the highest concentration of the new home contracts in the Charlotte market.

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February 21, 2024

8:00 am ET
Hyatt Centric South Park
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