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Originally Posted On: https://exprealty.com/us/nc/charlotte/

 

Real estate in Charlotte has a little bit of everything for everyone. Whether you‘re a young professional looking for a snazzy downtown condo or a couple wanting a big house for a large family, you’ll find your place in Charlotte. Charlotte has a dense urban core of glittering glass skyscrapers surrounded by medium to low-density residential neighborhoods. Nearly 20 miles wide, Charlotte covers an enormous area.
Think of downtown as the body of an octopus with legs of commercial and industrial development spreading out in all directions. These legs provide urban amenities to all the spaces in between where most residents live. You will never run out of things to do while living in Charlotte, as there is a local NFL team, a city symphony orchestra, and hundreds of new restaurants and entertainment venues to check out year after year. That being said, Charlotte is not a city that attracts a lot of tourism, so virtually every crowd you’ll find yourself in will be your fellow citizens, which strengthens Charlotte’s community appeal.
Thanks to the extensive surrounding countryside, it’s easy to find fresh farm-to-table products at the local grocery stores and farmers’ markets. New people come to Charlotte every year, keeping the Charlotte real estate market one of the strongest in the country.

Charlotte NC Real Estate Market

Real estate in Charlotte, NC is among the most sought-after in North Carolina. The market is hot, characterized by low housing supply, and high appreciation rates. Don’t be too worried about finding a home for sale in Charlotte though, so long as you find a good local real estate agent you’ll have no trouble owning your own piece of Charlotte real estate.
Charlotte real estate is split almost evenly between renters and owners. Single-family homes make up half of all real estate in Charlotte and are spread out in vast neighborhoods encircling the city center. The median price for a single-family home in Charlotte sits right at $400K, more valuable than the national average. Areas close to downtown and in downtown itself are dominated by condos found both in high rises and modest one-story abodes. Most condos for sale in Charlotte list between $200K and $400K.If you’re looking for undeveloped real estate in Charlotte you can find empty plots both near downtown and towards the outskirts of the city for as low as $40K and well into the millions. Most tracts near downtown are .3 acres while further out in Charlotte, you can find homes for sale of three acres and more. You can also find new construction properties as well as foreclosures in Charlotte real estate.

Distances to Other Cities From Charlotte

• 79 miles to Winston-Salem, NC
• 93 miles to Columbia, SC
• 143 miles to Durham, NC 
• 132 miles to Fayetteville, NC
• 166 miles to Raleigh, NC

Neighborhoods In Charlotte NC Real Estate

NoDa

Short for “North Davidson,” this north Charlotte neighborhood is known for its artsy atmosphere and its walkability to everyday amenities, NoDa is among the more popular neighborhoods in Charlotte for young professionals, millennials, and anyone with an artistic streak. In NoDa, you’ll find a variety of 2-3 bedroom homes between $200K and $500K as well as condos within the same price range. Neighborhood schools include Highland Hill Montessori and nearby schools are Garinger High School and Villa Heights Elementary School.

Eastover

Eastover is a large, historic suburb to the southeast of Charlotte. Homes in Eastover are, by and large, enormous, with nearly all featuring four bedrooms and over 3,000 square feet of floor space at a minimum. Not only are these houses large and impressive, but many also sit on extensive plots of a half-acre or more, well back from the road with big green lawns. In Eastover you’ll find the luxury range of Charlotte real estate, with homes listing between $900K and $3M. Neighborhood schools include Eastover Elementary and Billingsville Elementary.

Marlwood

If you’re looking for an affordable single-family home in a suburban-style neighborhood, Marlwood real estate should be your go-to. Here you can find 3-bedroom homes listing between $200K and $400K near great schools like Albemarle Road Elementary School, Idlewild Elementary School, and Albemarle Road Middle School.

Suburbs of Charlotte to Explore

• Concord
• Gastonia
• Monroe

Schools In Charlotte NC

The real estate in Charlotte is served by Charlotte – Mecklenburg Schools, the second-largest district in North Carolina and 17th biggest in the U.S. with approximately 144K students enrolled across 164 campuses. The top public high schools in Charlotte include:

• Charlotte Engineering Early College – UNCC
• Ardey Kelly High School
• Harper Middle College High School
• Northwest School of the Arts
• Providence High School
• Cato Campus Middle College
• Hawthorne High School

FAQ About Charlotte NC Real Estate

What’s the zip code for Charlotte, North Carolina?

The zip codes for Charlotte include: 28202 | 28203 | 28204 | 28205 | 28206 | 28207 | 28208 | 28209 | 28211 | 28212

What county is Charlotte, North Carolina in?

Charlotte, NC, is a city in Mecklenburg County.

Where is the nearest airport to Charlotte, North Carolina?

The Charlotte Douglas International Airport is about eight miles or about 15 to 20 minutes from Charlotte, NC.

How far is Charlotte, NC, to Raleigh, NC?

Charlotte, NC real estate is 168 miles or about two hours and 30 minutes away from Raleigh, NC.

How far is Charlotte, North Carolina from Atlanta by plane?

The distance of Charlotte, NC from Atlanta, GA is 226 miles, or an hour and eight minutes of total flight time.

Is Charlotte, North Carolina, a good place to live in?

Many people think real estate in Charlotte is a good place to live in for its mild weather, plethora of job opportunities, balanced cost of living, attractive neighborhoods, overall cleanliness, and endless things to do.

Things To Do In Charlotte NC

• NASCAR Hall of Fame – If you have the need for speed and want to learn all about the history of NASCAR, you can do just that with exhibits showcasing memorabilia, sharing stories of the famous drivers, and racing simulators!
• The Mint Museum – As the longest-running art museum in North Carolina, The Mint is split between two locations (Mint Museum Uptown and Mint Museum Randolph) and showcases cultural works of art from around the world.
• U.S. National White Water Center – If you love thrilling outdoor experiences, come to the white water center to experience just that. Not only can you go white water rafting in a controlled environment, but the center also has space for biking, hiking, kayaking, paddleboarding, and ziplining!
• Discovery Place – Experience hands-on learning entertainment here at the Discovery Place with things like a butterfly pavilion and even an indoor rainforest!
• Blumenthal Performing Arts Center – If you’re into theater performances, music, and other live performances, then you’ll enjoy experiencing them at the Blumenthal Performing Arts Center.
• Wing Haven Gardens and Bird Sanctuary – For almost a century, this garden and sanctuary has been one of Charlotte’s top attractions. Here you can admire the beautiful foliage such as perennials, shrubs, and trees, and witness a variety of birds living among the greenery.
• Carowinds – Whether you come for kiddy rides or to get your adrenaline moving, you’re sure to find a ride to fit your style, as there are roller coasters for all thrill levels at this amusement park.

Living In Charlotte NC

Cost of living in Charlotte NC

Though the overall cost of living in Charlotte is more than the state average by 8.3%, it’s still less than the national average by 1.1%. You may pay more for groceries, transportation, and housing, but you’ll likely pay about the same or less for healthcare and utilities. The median cost for Charlotte real estate is about $59K more than North Carolina’s average and just about $10K more than the national average. The median household income in Charlotte, NC, is $65,359.

Medical Access in Charlotte NC

There are two main hospitals within the Charlotte city limits: Atrium Health – Carolinas Medical Center and Atrium Health – Pineville. The Atrium Health – Carolinas Medical Center is also a level 1 trauma center, meaning they can provide the most care in a major medical emergency.

Weather in Charlotte NC

Charlotte real estate is located in a humid subtropical climate and experiences four distinct seasons. Summers are generally hot and humid with an average high temperature of 80°F in July. Winters are normally cool with an average temperature of 42°F in January. Due to Charlotte’s location along the eastern seaboard, precipitation is common and happens at different times throughout the year, though August tends to be the wettest month. It doesn’t snow often in Charlotte and the city receives an average of 3.5 inches a year.

Jobs In Charlotte NC

Only second behind New York City, Charlotte is a major banking center in the United States. Charlotte houses the second-largest financial institution, with Bank of America calling this city home. Charlotte is also the home base for Wells Fargo’s East Coast operations. Other major companies that house their East Coast operations in Charlotte include Centene Corporation and Microsoft. There are several other Fortune 500 companies in Charlotte, including:

• Bank of America
• Honeywell
• Nucor
• Lowe’s
• Duke Energy
• Sonic Automotive
• Brighthouse Financial

There are also several major food companies with a big presence in Charlotte, including:

• Dole Food Company
• Food Lion
• Salsarita’s Fresh Mexican Grill
• Coca-Cola Bottling Company

Charlotte is also known as The New Energy Capital, with over 26,400 employees across 240 companies in conjunction with the energy industry. Major businesses in energy include:

• AREVA
• Duke Energy
• Electric Power Research Institute
• FLuor
• Piedmont Natural Gas
• Toshiba

Transportation In Charlotte NC

Due to Charlotte’s central location, the city’s infrastructure is set up like a wheel. I-485 forms a complete loop around the city, with several major roads entering, like spokes, from all directions. Both I-77 and I-85 are set up this way, with I-77 entering from the north and I-85 from the west and northeast.
Real estate in Charlotte has access to mass transportation infrastructure called Charlotte Area Transit System (CATS). The system manages transportation through several different means. LYNX Rapid Transit  Services, is CATS’ light rail, while they also operate several types of buses throughout Charlotte.