CHARLOTTE, N.C. (QUEEN CITY NEWS) -- Following drastic increases in housing prices and a frantic market coming out of the pandemic, a new report shows that affordability in the Charlotte area is heading in the right direction.

UNC Charlotte’s Childress Klein Center for Real Estate released its annual State of Housing Report Wednesday for the region. It shows that Charlotte’s rapid growth has created persistent, strong demand for housing, but while prices continue to rise at a steady pace, there also is an increase in the surplus of units.

The median home price in the Charlotte market increased from $429,945 in September 2024 to $443,850 in September 2025, a 3.24% jump. Meanwhile, the time homes are spending on the market has increased too, from 19 days in September 2024 to 27 in 2025.

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