How did home prices perform in Charlotte during May?

How did home prices perform in Charlotte during May?
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The median sale price of a home sold in May in Charlotte rose by $62,000 while total sales decreased by 5.4 percent, according to BlockShopper.com.

In May, there were 1,626 homes sold, with a median sale price of $370,000 – a 20.1 percent increase over the $308,000 median sale price for the same period of the previous year. There were 1,719 homes sold in Charlotte in May 2021.

The median sales tax in Charlotte for the most recent year with available data, 2019, was $2,071, approximately 0.6 percent of the median home sale price for May.

The following table compares Charlotte to other Mecklenburg County cities in May:

City May 2022 Home Sales May 2021 Home Sales % change (Total Home Sales) May 2022 Median Sales Price May 2021 Median Sales Price % change (Median Sales Price)
Davidson 35 35 0 $580,000 $433,000 33.9
Cornelius 82 88 -6.8 $473,750 $380,000 24.7
Huntersville 106 120 -11.7 $458,000 $365,000 25.5
Matthews 44 41 7.3 $446,500 $350,000 27.6
Mint Hill 44 68 -35.3 $422,500 $339,750 24.4
Charlotte 1,626 1,719 -5.4 $370,000 $308,000 20.1
Pineville 16 19 -15.8 $357,000 $330,000 8.2
Wildwoods 3 0 $310,000 $0
Stallings 0 0 $0 $0


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