Charlotte, the capital of North Carolina, is a vibrant city. The real estate market in Charlotte is constantly changing and evolving. This is relevant for those interested in selling their house. Here are some stats and trends for 2022 that you should be aware of if you’re thinking of selling a home in Charlotte. Find here everything you need to know about it.
Quick Charlotte Rundown
The average price of a home in Charlotte is $269,000, which is 7.4% from 2020. The median price per square foot for homes in Charlotte is $144, increasing 5.9% from 2020. The average rent for an apartment in Charlotte is $1,250, which is an increase of 4.2% from 2020.
There are many reasons why people are moving to Charlotte. The city offers a great quality of life, with plenty of things to do and see. The cost of living is also relatively low compared to other cities in the US. And, of course, there are job opportunities galore. Charlotte was recently named one of the best cities for jobs by Glassdoor.
Trends For 2022
In Charlotte, the real estate market had an upward trend over the past few years. This is due to the city’s population growth and the strong economy. The average home price in Charlotte is $250,000, which is a 5% increase from last year. As the pandemic situation regulates itself, prices are expected to drop.
The median home price is $215,000, a 3% increase from last year. Inventory levels are low, which is driving up prices. The average day on the market for homes in Charlotte is 46 days. This is a decrease from last year’s average of 60 days. Still, the market is expected to cool, with house prices dropping due to the pandemic situation regulating itself back to normalcy.
Sell Your House Fast In Charlotte, NC
If you’re thinking of selling a home in Charlotte, now is a good time. Prices are expected to drop in the coming years. At Travis Buys Homes, we’re a local home buying company that services Charlotte and other areas. We have excelled with their property sales during the difficult times of the pandemic and will continue to do so in the upcoming years.
At Travis Buys Homes we offer cash for houses in Charlotte, NC. We buy houses in their current condition fast, so you won’t have to wait to get your cash offer on your house in Charlotte, NC.