July 29, 2026
Contact: Kim Walker, 704-940-3149

CHARLOTTE, N.C. — Canopy MLS data for the 16-county Charlotte region showed the housing market remained steady in June, with closed sales essentially unchanged from a year ago, rising just 0.2 percent as 4,304 properties were sold. Compared to May, closings increased 3.5 percent. Buyer demand continued to demonstrate resilience despite mortgage rates reaching as high as nearly 7 percent throughout much of the month. Pending sales, a leading indicator of future closings, climbed 8.7 percent year-over-year as more than 4,200 homes went under contract, although contract activity eased 7 percent from May's pace.  However, year-to-date figures show that over the last six months, contract activity is running 3.5 percent ahead of last year, while new listings have increased nearly 3 percent, pointing to a market that continues to gain inventory without sacrificing buyer demand.  Data in this press release is sourced from Canopy MLS, a subsidiary corporation of the Canopy Realtor® Association, and reflects existing-home sales of single-family homes, condos, and townhomes only.

Seller activity also remained healthy. New listings increased 3 percent year-over-year, with 5,683 properties entering the market during June, while declining 7.5 percent from May, consistent with typical seasonal trends. Inventory continued to expand, rising 5.6 percent from one year ago to 13,082 homes available for sale. The region ended the month with 3.6 months of supply, up slightly from 3.5 months a year ago but still well below the six-month benchmark generally considered a balanced housing market.

"The first half of 2026 continues to demonstrate the strength and stability of the Charlotte region's housing market," said Joan Goode, 2026 president of Canopy Realtor® Association/Canopy MLS and Realtor®/broker at Dickens Mitchener. "The same economic fundamentals that continue to attract new residents and employers to our region are also supporting steady buyer demand. Even with mortgage rates remaining elevated, buyers continue to enter the market, sellers are bringing more homes online, and inventory is steadily improving. Those trends are creating more opportunities for buyers while supporting stable home values, although inventory remains below the level typically associated with a balanced market."

Showing Activity Highlights Market Hotspots
Showing activity across the Charlotte metropolitan statistical area (MSA), a key indicator of buyer interest and in-person market activity, remained relatively steady at the midpoint of the year, increasing 0.6 percent year over year, although activity declined 9.6 percent from May as seasonal buying patterns moderated. Listings across the MSA averaged four showings per property during June. Buyer interest remained strongest in Matthews, where listings averaged 5.4 showings, followed by Waxhaw (5.0), Kannapolis (4.6), and Union County (4.5).

Home prices remained stable in June, with the median sales price increasing 0.5 percent year over year to $416,893, while the average sales price rose 3.7 percent to $552,988. Sellers also continued to enter the market at higher price points, pushing the average list price up 5.2 percent to $561,878. Despite higher asking prices, sellers continued to receive 96.3 percent of their original list price on average, nearly unchanged from one year ago, reflecting a market where pricing has remained competitive.

Attached Housing Continues to Expand Affordability and Buyer Choice
Single-family homes continued to anchor the Charlotte region's housing market in June, with the median sales price increasing 2.6 percent year over year to $419,650, reflecting continued demand for detached homes. Attached housing, however, remained an attractive affordability option for buyers. The median townhome sales price declined 2.0 percent to $350,000, while condo prices fell 4.8 percent to $295,000. Inventory growth also continued to favor attached housing, with townhome inventory increasing 20.9 percent and condo inventory rising 22.7 percent from one year ago. As a result, buyers shopping for townhomes and condos continued to benefit from expanding choices, with months of supply increasing to 4.3 months for townhomes and 6.0 months for condos, giving buyers greater negotiating leverage while providing more attainable homeownership opportunities. 

As the market continues to slowly rebalance, homes continued to experience longer marketing times. List to Close, which measures the total time from listing date to closing date, increased 5.7 percent to 93 days, while Days on Market, which measures the amount of time a property spends in active market status before going under contract, rose 9.3 percent to 47 days in June, compared to 43 days a year ago. While homes are taking slightly longer to sell than they did last spring, the modest increase suggests buyers are more measured, as they evaluate their options in a market flush with more choice, than previous years.

See June 2026 data for 30+ communities

Mecklenburg County's housing market remained resilient in June as buyer demand strengthened despite elevated rates. Closed sales declined 3.7 percent year over year, with 1,504 homes sold during the month, while pending sales climbed 10.6 percent, signaling continued confidence among buyers entering the market. Sellers also remained active, with new listings increasing 2.9 percent to 1,990 properties. Inventory continued to expand, rising 9.5 percent year over year to 4,403 homes for sale, pushing months of supply to 3.4 months. While buyers continue to benefit from growing inventory, available supply remains well below levels typically associated with a balanced market.

Home prices continued to trend upward in June, reflecting Mecklenburg County's position as one of the Charlotte region's most competitive housing markets. The median sales price increased 1.1 percent year over year to $470,000, while the average sales price rose 6.9 percent to $680,544. Sellers continued to list homes at higher price points, with the average list price increasing 3.1 percent to $652,596. Despite inventory gains and homes taking longer to sell, averaging 41 days on market compared to 34 days a year ago, sellers still received an average of 97.0 percent of their original list price, underscoring continued demand for well-priced homes in the county. Homes also continued to sell more quickly than across the broader Charlotte region, where the average days on market reached 47 days.

"Mecklenburg County and the City of Charlotte remain important anchors of the region's housing market, but one of the Charlotte region's greatest strengths is the diversity of communities it offers," said Goode. "Whether buyers are looking for an urban lifestyle, lake communities, established neighborhoods, growing suburban towns, or more rural settings with additional space and affordability, our region offers housing opportunities for a wide range of lifestyles and budgets. While inventory has improved across much of the market, competitively priced homes continue to attract strong interest because buyers remain confident in the long-term value of living and investing throughout the Charlotte region."

The City of Charlotte housing market remained stable in June as buyer demand strengthened despite rising cost of living and an expanding supply of homes for sale. The median sales price increased 1.1 percent year over year to $440,000, while the average sales price rose 4.4 percent to $653,181, reflecting continued confidence in one of the region's most desirable housing markets. Sellers received 96.9 percent of their original list price, down only slightly from 97.2 percent a year ago, while homes spent an average of 42 days on the market, compared with 34 days one year earlier. Although buyers are taking more time to make purchasing decisions, the City of Charlotte continues to outperform much of the broader region, with homes selling faster than the Charlotte regional average.

Buyer activity remained strong throughout June, with pending sales increasing 11.0 percent year over year as 1,176 homes went under contract. Sellers also responded to continued demand, increasing new listings 4.6 percent to 1,628 properties entering the market. Inventory continued to build, rising 11.5 percent year over year to 3,568 homes for sale and increasing months of supply to 3.5 months. While buyers continue to benefit from more choices than they've had in recent years, available inventory remains below the six-month benchmark typically associated with a balanced housing market, allowing well-priced homes to continue attracting strong buyer interest.

The market's continued stability aligns with broader economic trends across the Charlotte region. Recently released population estimates from the Charlotte Regional Business Alliance show the 16-county region gained more than 49,000 new residents through net migration between July 2024 and July 2025, an average of approximately 135 new residents each day, reinforcing the area's continued appeal for both employers and homebuyers.

Canopy Realtor^® Association provides monthly reports on residential real estate market activity for the Charlotte region, representing 12 counties in North Carolina (Alexander, Cabarrus, Catawba, Cleveland, Gaston, Iredell, Lincoln, Mecklenburg, Rowan, Stanly, and Union) and four counties in South Carolina (Chester, Chesterfield, Lancaster, and York).

For more residential-housing market statistics, visit www.CarolinaHome.com and click on “Market Data.” For an interview with 2026 Association/Canopy MLS President Joan B. Goode, Realtor®/Broker with Dickens Mitchener, please contact Kim Walker.

Canopy Realtor® Association owns and operates Canopy MLS, the region’s primary source for accurate, timely property data across a multi-county service area spanning North Carolina and South Carolina, including the Charlotte, Asheville, and Hickory-Lenoir MSAs. With more than 21,000 subscribers, Canopy MLS delivers comprehensive property data and innovative tools that support residential real estate transactions, from buying and selling to investing and renting.