Why Charlotte Real Estate Is Defying the National Slowdown

Jim Fagan
Aug 6
3 min read

It’s mid-summer 2025, and if you’re watching the housing market—nationally or right here in Charlotte—you’ve probably noticed some shifting winds. While national trends point to cooling and normalization, Charlotte continues to perform with strength and stability, especially in the core city.

Let’s take a closer look at how our market stacks up compared to the rest of the country, with stats from NAR, Case‑Shiller, and Canopy MLS—and insights from the ground.

🗽 U.S. Market Snapshot

📉 Median Price: $435,300 (up 2.0% YoY)

📊 Existing Home Sales: Down 2.7% from May

📦 Inventory: Up nearly 29% YoY, but still below pre-COVID levels

📈 Case-Shiller Index: Home price appreciation slowing to ~2.7% YoY

Nationally, we’re seeing more listings, longer days on market, and steadier prices. It’s not a crash—it’s normalization. But affordability remains a challenge for many buyers.

🏘️ Charlotte Metro (MSA) Market – June 2025

📍 Covers 16 counties including Mecklenburg, Union, Cabarrus, and more

📈 Median Sales Price: $435,000 (up 2.4% YoY)

✅ Closed Sales: 3,378 (up 8.2% YoY)

📋 New Listings: 4,371 (up 2.2–2.7% YoY)

📦 Months’ Supply: ~3.2 months (up ~28% YoY)

💡 While national sales are declining, the Charlotte MSA is seeing real momentum. Inventory is building slowly, but homes are still moving—especially those priced right.

🌇 Inside the City of Charlotte

🏙️ Median Price: $403,000 (up 0.8% YoY)

📈 Closed Sales: 157 (up 15.4% YoY)

🆕 New Listings: 194 (up just 0.8%)

📦 Months’ Supply: 2.7 months (tight!)

What’s happening in the city? Simply put—demand is holding strong, but supply is barely keeping up. Core neighborhoods continue to draw buyers who want convenience, walkability, and lifestyle.

📊 Market Comparison Table

📍 Location	💰 Median Price	📈 YoY Growth	🔄 Sales Trend	🏗️ Inventory Level
🗽 U.S. (June 2025)	$435,300	+2.0%	↓ 2.7% in June	~4.7 months
🏘️ Charlotte MSA	$435,000	+2.4%	↑ 8.2% YoY	~3.2 months
🌇 City of Charlotte	$403,000	+0.8%	↑ 15.4% YoY	~2.7 months

🔎 Why Charlotte Outperforms

✔️ Sustained Population Growth – More people continue to relocate here for jobs, affordability, and lifestyle.

✔️ Business Expansion – Charlotte remains a regional hub for finance, logistics, and tech.

✔️ Inventory Lag – Builders can’t keep up with demand, especially near the city core.

✔️ Desirability of Urban Living – South End, in town neighborhoods like Myers Park, Dilworth, and Sedgefield and surrounding areas South Charlotte, Matthews, and Union County remain hot.

🧭 What This Means for You

👨‍👩‍👧‍👦 Buyers:

There’s a bit more breathing room than last year. Many homes are taking longer to sell but the best homes still go fast - especially above $1,000,000.
If you're looking in the city proper, be prepared to act decisively.
Consider widening your search radius if flexibility is key.

🏡 Sellers:

If your home is priced correctly, you still have the advantage.
Don’t expect 10+ offers on day one—but a well-staged, market-ready home is still in high demand.
Homes in core neighborhoods with updated features or walkable locations are seeing multiple offers and quick closings.

📣 Final Thoughts

Charlotte continues to lead while the national market settles. The metro area shows healthy signs of growth, and the City of Charlotte remains highly competitive, especially in popular neighborhoods. Whether you’re buying, selling, or just watching from the sidelines, the key is local context.

I’m always here to walk you through what’s happening in your specific area—or help you plan ahead for your next move.

📲 Have further questions? Feel free to call or email me. 704-975-6799 or jfagan@faganrealtygroup.com