The housing market is still crazy these days. I saw a post this morning on social media from someone asking how anyone is able to buy a house in Charlotte. Multiple offers in one weekend and homes selling as much as $100,000 over the asking price. For your average home buyer, it’s anxiety-inducing and hard to even come up with an offer that stands a chance. With prices soaring you may think you can’t afford to buy right now. And while waiting could be a good idea, there are some options. But what is the price range of the cheapest homes on the market in Charlotte?
You’re looking at condo-type spaces and the square footage is minimal but there are several homes on the market for under $120,000. They aren’t going to have the newest finishes and updates, but they could be great to renovate! Plus the return on that investment is certainly there as well. According to realtor.com, there are 1,669 homes currently on the market in Charlotte. (note this is just the city of Charlotte not any of the surrounding towns).
- Median Listing Home Price: $369.9K
- Median Listing Home Price/Sq Ft: $203
- Median Sold Home Price: $362K
Let’s take a look at the cheapest homes currently on the market in Charlotte:
All listings and data are from Realtor.com