If you’re following the Charlotte real estate market, it’s clear there’s been a lot of change. Whether you’re thinking about buying or selling a single-family home, staying informed on the latest trends is crucial. Here’s a deep dive into what happened in September 2024 and how it impacts you. Single-Family Home Prices: Slower Growth, But Still Up Single-family home prices in Charlotte continue to climb, but at a more moderate pace. In September 2024, the median price for a single-family home was around $418,000, a 4.6% increase from last year. This may not sound as dramatic as the double-digit growth we saw during the pandemic boom, but it’s still significant—especially considering higher mortgage rates are slowing down buyer demand. As prices rise more slowly, sellers might notice that homes are staying on the market a little longer. In fact, the average number of days on the market has climbed to 41 days, compared to just 35 days in September 2023. This shift gives buyers a little m...