There are currently 256,332 real estate properties in Charlotte, NC, with a median automated valuation model (AVM) price of $299,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Charlotte, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Charlotte, NC, is $386,023.00, with the most expensive house in Charlotte, NC, topping out at $35,401,800.00 and the cheapest home in Charlotte, NC, clocking in at $20,016.00. In other words, there’s something for every potential homebuyer or savvy investor in Charlotte, NC!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Charlotte, NC, is on a rollercoaster ride. The average rent price in Charlotte, NC, is $1,487.00. Indeed, when looking to rent in Charlotte, NC, you can expect to pay as little as $520.00 or as much as $4,800.00, with the average rent median estimated to be $1,340.00. The good news is that finding an affordable and desirable property to rent in Charlotte, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Charlotte, NC area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Charlotte, NC and much more. Save thousands at closing with home foreclosure listings in Charlotte, NC — up to 75% off market value!
Charlotte is located in Mecklenburg, North Carolina, with an estimated municipal population of 885,708 residents. All of the best foreclosed homes for sale in Charlotte are located in the following zip code areas on Foreclosure.com: 28269 28262 28105 28280 28282 28209 28208 28205 28204 28207 28206 28203 28202 28227 28226 28278 28270 28273 28277 28134 28216 28217 28214 28215 28212 28213 28210 28211 28244 28126 28130 28201 28218 28219 28220 28221 28222 28223 28224 28228 28229 28230 28231 28232 28233 28234 28235 28237 28241 28242 28243 28246 28247 28253 28254 28255 28256 28258 28260 28263 28265 28266 28271 28272 28274 28275 28281 28284 28285 28287 28288 28289 28290 28296 28297 28299. The estimated population per square kilometer (.62 miles) in Charlotte is 1,113.
So, about how much do homes cost in Charlotte? The most recent median value of resident-owned homes in Charlotte is 220,191. An estimated 52.9 percent of households in Charlotte own their homes, with an average family size of 3.32. The median household income in Charlotte is 62,817, with30.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Charlotte, the median commute time of resident workers (in minutes) is 25.9. And last, but certainly not least, are you looking for homes to rent in Charlotte? If so, the average rent price paid by renters in Charlotte is 1,135, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Charlotte, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Charlotte is 34.2, split between 48.1 percent male versus 51.9 female. The percentage of residents who report being married in Charlotte is 42.5, with an average family size of 3.32.
The percentage of residents who report their race in Charlotte is as follows:
|Black / African American||35.2%|
|American Indian / Alaskan Native||0.4%|
|Native Hawaiian / Other Pacifc Islander||0.1%|
Looking for family-friendly neighborhoods in and/or near Charlotte? Or maybe you are searching for 55+ active adult communities in and/or near Charlotte?
The percentage of residents who report their age in Charlotte is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Charlotte with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Charlotte.
How do you know that living in -- or moving to -- Charlotte is right where you need to be? Perhaps you grew up in Charlotte or already live nearby; therefore, the decision to buy a home in Charlotte is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Charlotte for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Charlotte:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Charlotte.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Charlotte can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Charlotte, meanwhile, can field multiple offers from more qualified buyers.