North Carolina

Home prices in North Carolina and Charlotte: median value

Median owner-occupied home value: $342,800 in North Carolina and $436,400 in Charlotte (Census ACS 2025). FHFA: state prices up 0.4% in a year.

Checked on against the official sources listed at the bottom of the page.

In short

The median value of owner-occupied homes is $342,800 in North Carolina and $436,400 in the city of Charlotte, against $371,100 nationwide (Census ACS 2025). On the FHFA index, North Carolina prices up 0.4% and Charlotte-area prices down 0.04% from Q2 2025 to Q2 2026.

The latest one-year ACS estimates cover 2025.

What it costs: median value in 2025

AreaMedian value, 2025Margin of error (90%)
United States$371,100±$646
North Carolina$342,800±$2,737
Charlotte–Concord–Gastonia metro area (NC–SC)$415,300±$5,920
Mecklenburg County$467,300±$10,423
City of Charlotte$436,400±$9,966

Source: Census ACS 2025, table B25077; owners’ own estimates, not sale prices.

Three points stand out:

  • The North Carolina median is $28,300 below the national median.
  • The city of Charlotte sits $93,600 above the state median and $21,100 above the metro median, but $30,900 below Mecklenburg County as a whole.
  • The margin of error for the city (±$9,966) is wider than for the state because the sample is smaller. The true city median is very likely between about $426,400 and $446,400.

The Charlotte metro area spans North Carolina and South Carolina, so its figure is not a North Carolina-only number.

How prices have moved: the FHFA index

Area1-year change (Q2 2025 to Q2 2026)5-year change (Q2 2021 to Q2 2026)
United States+2.1%+33.4%
North Carolina+0.4%+41.2%
Charlotte–Concord–Gastonia metro area−0.04%+39.5%

Source: FHFA HPI, purchase-only, Q2 2026 (release of August 25, 2026); changes by Payotte.

North Carolina prices were almost flat over the past year, while the national index rose 2.1%. Over five years, North Carolina and Charlotte gained roughly two-fifths in value, more than the nation’s 33.4%.

A worked example

Take a Charlotte-area home worth $340,000 in the second quarter of 2021. Tracking the metro index exactly, it would have been worth about $474,000 in the second quarter of 2026 (+39.5%). Over the last year alone, it would have lost about $200 (−0.04%). A single home can differ widely from the index.

How to use these figures when buying

Closing costs come on top of the price: our North Carolina closing costs guide explains who pays what, and our page on buying a home in Charlotte applies these numbers to the city. First-time buyers can check the North Carolina first-time buyer programs.

Method and dataset

ACS median value. ACS 1-Year 2025, table B25077. Geographies: United States (0100000US), North Carolina (0400000US37), Charlotte–Concord–Gastonia, NC–SC metro area (310M700US16740), Mecklenburg County (0500000US37119), Charlotte city (1600000US3712000). Values read from the Census Bureau’s ACS 2025 one-year summary file (table B25077) on November 4, 2026.

FHFA index. FHFA HPI (purchase-only, seasonally adjusted), state series (North Carolina), metro series (Charlotte-Concord-Gastonia, NC-SC, CBSA 16740) and U.S. series. Index values used: North Carolina 437.25 (Q2 2025), 310.89 (Q2 2021) and 439.06 (Q2 2026); Charlotte metro 474.07, 339.79 and 473.90; United States 426.58, 326.58 and 435.69. FHFA plans its next quarterly release on November 24, 2026.

Frequently asked questions

What is the median home value in North Carolina?

North Carolina’s 2025 ACS median home value is $342,800 (±$2,737), against $371,100 for the nation: owners’ own estimates, not sale prices.

What is the median home value in Charlotte?

For the city of Charlotte, the 2025 ACS median value is $436,400 (±$9,966). Mecklenburg County is at $467,300 and the Charlotte–Concord–Gastonia metro area at $415,300.

Are North Carolina home prices going up or down?

FHFA’s purchase-only index shows North Carolina prices rose 0.4% over the year to Q2 2026, and the Charlotte metro area fell 0.04%. Over five years, they rose 41.2% and 39.5%.

How North Carolina compares with the other States

North Carolina ranks 27th of 50 for median home value ($342,800), 8% below the national $371,100.

The States closest in median value are Tennessee ($341,200) and Georgia ($346,500). The range runs from $176,300 in West Virginia to $901,500 in Hawaii; North Carolina is $3,700 below the middle of that ranking (Georgia).

On the FHFA index, North Carolina prices rose 0.4% over the year to the second quarter of 2026, which places the State 45th of 50, 1.7 points behind the national +2.1%. Over five years the gain is +41.2% (12th of 50; nation +33.4%).

North Carolina sits in the middle of the pack on at least one of the two measures: 27th for the level, 45th for the one-year change.

Over five years, North Carolina's +41.2% annualises to +7.1% a year (nation +5.9%). The latest year (+0.4%) is 6.7 points under that average, a slower pace than the five-year average.

Charlotte, the main city, has a median of $436,400, 22nd of the 49 main cities Payotte covers. That is 27% above the North Carolina median, a premium that ranks 11th of 49.

The one-year FHFA change runs from -1.2% in New Mexico to +8.3% in Alaska. North Carolina (+0.4%) is 7.9 points below the top and 1.6 above the bottom; Texas (+0.5%) and Mississippi (+0.5%) are the nearest to it.

For scale, 20% of the North Carolina median is $68,560, against $74,220 at the national median.

Compare with the other states: Median home price by state.

More North Carolina guides

Sources

North Carolina · All states · Federal guides