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Charlotte, NC Housing

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As of 2010-2014, median price of a house in Charlotte is $170,200, which is higher than the state average of $153,600 and is about the same as the national average of $175,700. The Charlotte median house value has grown by 26.73% since 2000. The growth rate for the price of a house in Charlotte is lower than the state average rate of 41.83% and is lower than the national average rate of 46.91%. The median year that a house in Charlotte was built is 1988, which is newer than the median year for a house built in the state which is 1986 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 165,560 Owner Occupied Houses in Charlotte, NC, #178

Charlotte, NC	170,200 USD
North Carolina	153,600 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #457

Charlotte, NC	26.73%
North Carolina	41.83%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Charlotte, NC	North Carolina	U.S.
Total Housing Units	328,282, see rank, 100%	4,385,668	132,741,033
Occupied Housing Units	298,815, 91.02%, see rank	85.34%	87.55%
Owner Occupied	165,560, 50.43%, see rank	56.13%	56.34%
Renter Occupied	133,255, 40.59%, see rank	29.20%	31.21%
Vacant Housing Units	29,467, 8.98%, see rank	14.66%	12.45%
For Rent	9,033, 2.75%, see rank	2.65%	2.34%
For Sale Only	3,905, 1.19%, see rank	1.41%	1.20%
Rented or Sold, Not Occupied	3,489, 1.06%, see rank	0.78%	0.92%
For Seasonal, Recreational, or Occasional Use	2,273, 0.69%, see rank	4.81%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	10,767, 3.28%, see rank	4.98%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #147

Charlotte, NC	North Carolina	U.S.
1988	1986	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Charlotte, NC	%	North Carolina	U.S.
Owner-Occupied Units	165,560	100%	2,461,741	74,787,460
With a Mortgage	132,947	80.30%, see rank	66.10%	65.58%
Without a Mortgage	32,613	19.70%, see rank	33.90%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Charlotte, NC	1,416 USD
North Carolina	1,272 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Charlotte, NC	%	North Carolina	U.S.
$299 or Less	155	0.12%, see rank	0.29%	0.20%
$300 to $499	1,250	0.94%, see rank	2.34%	1.59%
$500 to $699	4,803	3.61%, see rank	6.85%	5.01%
$700 to $999	19,517	14.68%, see rank	20.33%	14.32%
$1,000 to $1,499	48,549	36.52%, see rank	34.42%	27.90%
$1,500 to $1,999	27,137	20.41%, see rank	18.69%	20.35%
$2,000 to $2,999	20,456	15.39%, see rank	12.57%	19.52%
$3,000 or More	11,080	8.33%, see rank	4.51%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Charlotte, NC	22.20% of the Total Income
North Carolina	22.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Charlotte, NC	%	North Carolina	U.S.
10% or Less	10,076	7.58%, see rank	6.41%	5.86%
10% to 20%	47,099	35.43%, see rank	34.98%	31.95%
20% to 30%	34,485	25.94%, see rank	27.06%	27.64%
30% to 40%	16,886	12.70%, see rank	12.56%	13.74%
40% or More	23,677	17.81%, see rank	18.39%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Charlotte, NC	463 USD
North Carolina	373 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Charlotte, NC	%	North Carolina	U.S.
$199 or Less	1,254	3.85%, see rank	10.23%	7.76%
$200 to $299	4,158	12.75%, see rank	21.81%	14.70%
$300 to $499	13,333	40.88%, see rank	41.59%	34.63%
$500 to $699	7,314	22.43%, see rank	16.79%	21.16%
$700 or More	6,554	20.10%, see rank	9.58%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Charlotte, NC	11.70% of the Total Income
North Carolina	11.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Charlotte, NC	%	North Carolina	U.S.
10% or Less	13,919	42.68%, see rank	41.92%	40.19%
10% to 20%	9,807	30.07%, see rank	31.16%	31.47%
20% to 30%	3,704	11.36%, see rank	12.06%	12.24%
30% to 40%	1,731	5.31%, see rank	5.28%	5.64%
40% or More	2,833	8.69%, see rank	8.16%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Charlotte, NC	North Carolina	U.S.
Total Housing Units	328,282, 100%	4,385,668	132,741,033
1-unit, Detached	186,138, 56.70%, see rank	65.33%	61.65%
1-unit, Attached	23,658, 7.21%, see rank	3.82%	5.82%
2 Units	5,744, 1.75%, see rank	2.14%	3.75%
3 or 4 Units	11,708, 3.57%, see rank	2.74%	4.43%
5 to 9 Units	28,227, 8.60%, see rank	4.44%	4.78%
10 or More Units	68,517, 20.87%, see rank	7.98%	13.08%
Mobile Home, Boat, RV, Van, etc.	4,290, 1.31%, see rank	13.55%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Charlotte, NC	North Carolina	U.S.
Total Housing Units	328,282, 100%	4,385,668	132,741,033
1 Room	4,127, 1.26%, see rank	1.18%	1.95%
2 Rooms	8,163, 2.49%, see rank	1.51%	2.48%
3 Rooms	33,682, 10.26%, see rank	6.93%	9.13%
4 Rooms	60,928, 18.56%, see rank	17.44%	16.60%
5 Rooms	64,837, 19.75%, see rank	23.63%	20.41%
6 Rooms	50,761, 15.46%, see rank	18.81%	18.06%
7 Rooms	37,868, 11.54%, see rank	12.36%	12.27%
8 Rooms	27,337, 8.33%, see rank	8.08%	8.48%
9 Rooms or More	40,579, 12.36%, see rank	10.08%	10.60%
Median Rooms	5.40, see rank	5.50	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Charlotte, NC	North Carolina	U.S.
Total Housing Units	328,282, 100%	4,385,668	132,741,033
No Bedroom	4,415, 1.34%, see rank	1.26%	2.17%
1 Bedroom	40,731, 12.41%, see rank	6.61%	11.16%
2 Bedrooms	86,728, 26.42%, see rank	26.47%	26.69%
3 Bedrooms	122,652, 37.36%, see rank	47.54%	39.70%
4 Bedrooms	59,588, 18.15%, see rank	14.55%	16.05%
5 or More Bedrooms	14,168, 4.32%, see rank	3.57%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Charlotte, NC	North Carolina	U.S.
Total Housing Units	298,815, 100%	3,742,514	116,211,092
Utility Gas	148,113, 49.57%, see rank	24.68%	48.85%
Bottled, Tank, or LP Gas	3,379, 1.13%, see rank	8.00%	4.86%
Electricity	143,825, 48.13%, see rank	60.27%	36.68%
Fuel Oil, Kerosene, etc.	1,736, 0.58%, see rank	4.34%	5.86%
Coal or Coke	40, 0.01%, see rank	0.01%	0.12%
Wood	876, 0.29%, see rank	2.17%	2.12%
Solar Energy	43, 0.01%, see rank	0.03%	0.05%
Other Fuel	182, 0.06%, see rank	0.15%	0.47%
No Fuel Used	621, 0.21%, see rank	0.35%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Charlotte, NC	North Carolina	U.S.
Occupied Units Paying Rent	130,256, 100%	1,186,631	39,201,928
$199 or Less	1,290, 0.99%, see rank	1.77%	1.50%
$200 to $299	1,831, 1.41%, see rank	3.01%	3.18%
$300 to $499	4,170, 3.20%, see rank	9.02%	7.37%
$500 to $699	21,086, 16.19%, see rank	23.78%	16.01%
$700 to $999	52,773, 40.51%, see rank	35.90%	29.17%
$1,000 to $1,499	38,086, 29.24%, see rank	21.06%	26.88%
$1,500 to $1,999	8,255, 6.34%, see rank	3.82%	9.79%
$2,000 or More	2,765, 2.12%, see rank	1.64%	6.10%
Median	$902, see rank	$790	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Charlotte, NC	North Carolina	U.S.
Occupied Housing Units	298,815, 100%	3,742,514	116,211,092
No Vehicles Available	23,575, 7.89%, see rank	6.54%	9.12%
1 Vehicles Available	118,144, 39.54%, see rank	32.77%	33.80%
2 Vehicles Available	113,245, 37.90%, see rank	38.61%	37.48%
3 or More Vehicles Available	43,851, 14.67%, see rank	22.08%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.