Charlotte Home Prices Hold at $410,000 as Inventory Climbs: August 2026 Market Report

The short version

• Regional median sales price: $410,000 (up 2.5% year-over-year, unchanged from July)
• City of Charlotte median: $427,500 (up 0.6%)
• Mecklenburg County median: $468,000 (up 1.8%)
• Homes for sale: 13,574 (up 7.1%), or 3.7 months of supply
• Days on market: 55 regionally, up from 47 a year ago

All figures are from Canopy MLS's August 2026 report, the most recent month available. They cover existing single-family homes, condos and townhomes.

Prices are flat, not falling

The regional median has stayed around $410,000 since May, even as more homes came on the market and took longer to sell. The average sales price was $530,308, up 3.7% from last August. Sellers received 95.5% of their original asking price, about the same as a year ago.

In other words, more supply is giving buyers more choice without pushing prices down across the board.

Fewer sales, more choice

Closed sales fell 8.7% year-over-year to 3,560, and pending contracts dipped 1.8% to 3,763. Year-to-date, though, pending sales are up 0.7% and closings are only 1.1% behind last year. August was a soft month, not a turning point.

Inventory reached 13,574 homes, which works out to 3.7 months of supply. That's more than last year's 3.5 months but still well below the roughly six months usually considered a balanced market.

City of Charlotte and Mecklenburg County

• City of Charlotte: median $427,500 · 971 closed sales · 3,737 homes for sale · 3.7 months of supply · 47 days on market
• Mecklenburg County: median $468,000 · 1,230 closed sales · 4,543 homes for sale · 3.6 months of supply · 45 days on market
• Charlotte region: median $410,000 · 3,560 closed sales · 13,574 homes for sale · 3.7 months of supply · 55 days on market

Homes inside the city and county still sell faster than in the wider region.

Where buyers are looking hardest

Showings per listing were highest in Matthews (4.8), followed by Concord (4.4), Kannapolis (4.3), and Waxhaw and Davidson (4.2 each).

What it means if you're relocating

• You have more time. With homes sitting 55 days on average, you can usually tour, compare and make a decision without rushing an offer the same weekend.
• Don't count on big discounts. Prices are holding, and sellers are still getting about 95–96% of their asking price.
• Look at townhomes and condos. That's where inventory is growing fastest, and it's the most affordable way into the market.

"This is a more measured market, and both buyers and sellers are having to adjust their expectations to current economic and housing conditions." — Joan B. Goode, president of Canopy Realtor® Association/Canopy MLS

Want to know how these numbers look in a specific neighborhood? Book a free relocation call and we'll walk you through it.