Charlotte, NC home prices
Typical home $381,392 · -0.8% in a year · income needed $105,800
The Charlotte, NC metro area ranks 183 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed -0.8% in a year and +20.4% over five years. With 20% down at 7.11%, the typical home costs about $2,469 a month including 0.71% property tax (Mecklenburg County rate).
Mortgage on the typical Charlotte home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $76,278 | $305,114 | $2,053 | $0 | $416 | $2,469 | $105,800 |
| 10% down | $38,139 | $343,253 | $2,309 | $143 | $416 | $2,869 | $122,900 |
| 5% down | $19,070 | $362,322 | $2,437 | $151 | $416 | $3,005 | $128,800 |
| 3.5% down (FHA) | $13,349 | $374,484 | $2,519 | $169 | $416 | $3,104 | $133,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.71% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Charlotte area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Mecklenburg County, NC | $414,531 | -0.9% | 0.71% |
| York County, SC | $383,056 | -1.5% | 0.48% |
| Union County, NC | $444,831 | -0.7% | 0.57% |
| Gaston County, NC | $295,114 | -0.2% | 0.75% |
| Cabarrus County, NC | $380,437 | -0.3% | 0.73% |
| Iredell County, NC | $383,806 | +0.4% | 0.61% |
| Rowan County, NC | $275,856 | +0.0% | 0.65% |
| Lancaster County, SC | $378,849 | -2.0% | 0.5% |
| Lincoln County, NC | $402,332 | +1.5% | 0.58% |
| Chester County, SC | $211,424 | -0.4% | 0.56% |
| Anson County, NC | $139,872 | -0.1% | 0.77% |
What can you afford in North Carolina on your salary? · North Carolina home prices · Salaries in North Carolina
Frequently asked questions
How much is a house in Charlotte?
The typical home in the Charlotte, NC metro area is worth $381,392 (Zillow, September 2026).
What salary do you need to buy a house in Charlotte?
About $105,800 a year for the typical home with 20% down at 7.11%.