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Charlotte Slips in Real Estate Ranking - But Shows Promising Strengths

  • Writer: Christen Ripoli - REALTOR
    Christen Ripoli - REALTOR
  • Oct 6
  • 3 min read

The Charlotte housing market has been one of the hottest in the country for years, but a new report reveals a shift. According to a 2025 WalletHub analysis of the best real estate markets, Charlotte slipped in the rankings compared to previous years.


For buyers, sellers, and investors, this news raises an important question: Is Charlotte still a good place to buy a house? The answer is yes - but with a few caveats. Here’s what the WalletHub data tells us about Charlotte real estate trends in 2025.


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Charlotte Real Estate Ranking: Where We Stand in 2025


WalletHub ranked over 300 U.S. cities in 2025 based on affordability, appreciation, housing supply, job growth, and cost of living.

  • Charlotte ranked 3rd among large U.S. cities, with a score of 66.28 out of 100.

  • Compared to mid-sized cities, Charlotte’s ranking reflects growing pains: rising home prices, tight inventory, and affordability struggles.

  • This shift highlights a market that’s maturing rather than declining.


👉 Translation: Charlotte is still a strong real estate market in 2025, but it’s evolving. So while Charlotte is still in the “top tier” of markets, it’s no longer the rising underdog - it’s becoming more mature and more challenged.



Why Charlotte’s Housing Market Slipped in the Rankings


So why did Charlotte lose ground? The WalletHub study points to several real estate challenges:


  • Higher Home Prices - Charlotte homes have appreciated quickly, pushing affordability out of reach for some buyers.

  • Limited Inventory - Fewer homes for sale mean buyers face steep competition and bidding wars.

  • Rising Cost of Living - The cost of groceries, utilities, and property taxes is climbing alongside housing costs.

  • First-Time Buyer Struggles - Many new buyers are priced out or find themselves competing with investors.



Strengths That Keep Charlotte’s Housing Market Attractive


Even with the challenges, Charlotte real estate trends remain positive. WalletHub’s data highlights several key strengths:


  • Job Growth - Charlotte ranks in the top tier for employment opportunities in banking, tech, and healthcare.

  • Population Growth - The metro area continues to attract new residents, especially from higher-cost states like New York, California, and New Jersey.

  • Home Value Appreciation - Long-term appreciation rates remain strong, making Charlotte one of the best real estate markets for investment.

  • Relative Affordability - Compared to coastal cities, Charlotte homes still offer more square footage for the price.



Charlotte Real Estate Trends for Buyers in 2025


If you’re a buyer asking, “Should I buy a house in Charlotte now?” here’s what to know:


  • Competition is still high, but slightly less intense than 2021-2022 levels.

  • Mortgage preapproval is essential to stay competitive.

  • Buyers may find more opportunities in up-and-coming neighborhoods or homes that need light updates.



Charlotte Real Estate Trends for Sellers in 2025


If you’re selling, Charlotte is still a seller-friendly market, but strategy matters:


  • Homes priced correctly are moving quickly.

  • Staging, high-quality photography, and smart marketing help listings stand out.

  • Overpricing can backfire as buyers become more cautious about affordability.



Is Charlotte Still a Good Real Estate Investment?


For investors, Charlotte’s fundamentals remain attractive. The city’s steady in-migration, job base, and long-term housing demand suggest strong potential. However:


  • Entry-level deals are harder to find.

  • Rising property taxes and higher maintenance costs can eat into profits.

  • Smart investing means watching for infrastructure improvements and targeting neighborhoods poised for growth.



The Bottom Line: Charlotte Real Estate Outlook 2025


The Charlotte housing market in 2025 may no longer be a “hidden gem,” but it’s far from cooling off. WalletHub’s ranking shows a city balancing affordability challenges with continued population growth and job strength.


For buyers, sellers, and investors, Charlotte remains one of the most dynamic housing markets in the Southeast. Success comes down to strategy, timing, and working with a local real estate expert who understands the shifts happening right now.



Thinking about buying or selling in Charlotte? Let’s connect and talk about how today’s market conditions fit into your goals. Whether you’re moving in a month or in a year, having a strategy now will set you up for success later!


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