Waxhaw, NC housing market

Union CountyCharlotte, NC metroData through Sep 2026
Typical home value
$700K
▼ 0.4% 1 yr
Typical rent
$2,626/mo
▲ 5.5% 1 yr
Gross rent yield
4.5%
U.S. 6.3%
5-year home value change
+25%
U.S. +20%

Key takeaways

  • 1The typical home in Waxhaw is worth $700,136, down 0.4% over the past year and up 25% over five years.
  • 2Typical rent is $2,626 a month (+5.5% YoY), a gross rent yield of 4.5% (below the Charlotte, NC metro's 5.5%).
  • 3With 20% down at 7.32%, principal and interest on the typical home is about $3,848/mo, $1,222 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

Typical home value, Waxhaw
Latest $700K
$388K$486K$585K$684K2016201920222025
Typical monthly rent, Waxhaw
Latest $2,626
$1,667$1,965$2,263$2,5612016201920222025

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Waxhaw compares

MeasureWaxhawCharlotte, NC metroUnited States
Typical home value$700,136$381,392$366,157
Home value, 1-yr change−0.4%−0.8%+1.2%
Typical rent$2,626$1,735$1,932
Rent, 1-yr change+5.5%+1.4%+2.7%
Gross rent yield4.5%5.5%6.3%
Price-to-rent ratio22.218.315.8
Mortgage P&I, typical home$3,848$2,096$2,012

Run the numbers

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Other cities in the Charlotte, NC metro

Charlotte, NC metro report →North Carolina housing market →

City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.