Charlotte, NC housing market
Typical home value
$390K
▼ 1.2% 1 yr
Typical rent
$1,729/mo
▲ 1.1% 1 yr
Gross rent yield
5.3%
U.S. 6.3%
5-year home value change
+18%
U.S. +20%
Key takeaways
- 1The typical home in Charlotte is worth $389,648, down 1.2% over the past year and up 18% over five years.
- 2Typical rent is $1,729 a month (+1.1% YoY), a gross rent yield of 5.3% (below the Charlotte, NC metro's 5.5%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,141/mo, $412 more than typical rent.
- 4Zillow forecasts the Charlotte, NC metro's home values to change −0.3% over the next 12 months.
Market temperature (Charlotte, NC metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 31/100, #423 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Charlotte compares
| Measure | Charlotte | Charlotte, NC metro | United States |
|---|---|---|---|
| Typical home value | $389,648 | $381,392 | $366,157 |
| Home value, 1-yr change | −1.2% | −0.8% | +1.2% |
| Typical rent | $1,729 | $1,735 | $1,932 |
| Rent, 1-yr change | +1.1% | +1.4% | +2.7% |
| Gross rent yield | 5.3% | 5.5% | 6.3% |
| Price-to-rent ratio | 18.8 | 18.3 | 15.8 |
| Mortgage P&I, typical home | $2,141 | $2,096 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Charlotte rental, pre-filled.
Rent vs buy in Charlotte
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $390K home.
Landlord in North Carolina? See North Carolina deposit, late fee and notice rules.
Other cities in the Charlotte, NC metro
Concord, NC
$378K home$1,784 rent
▼ 0.5% 1 yr
Rock Hill, SC
$320K home$1,517 rent
▼ 1.9% 1 yr
Gastonia, NC
$273K home$1,483 rent
▼ 0.8% 1 yr
Fort Mill, SC
$519K home$1,748 rent
▼ 1.6% 1 yr
Mooresville, NC
$478K home$1,675 rent
▼ 0.6% 1 yr
Salisbury, NC
$280K home$1,393 rent
▼ 0.2% 1 yr
Statesville, NC
$296K home$1,765 rent
▲ 2.5% 1 yr
Huntersville, NC
$544K home$1,903 rent
▲ 0.2% 1 yr
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.