Charlotte, NC Real Estate

According to census data in the year 2000 there were 230,556 housing units in Charlotte. This represents a 35.3% growth from 170,430 in 1990.

Of those housing units, 230,135 were located in either urbanized areas or urban clusters, and 421 were located in what is classified as a rural area.

Homeownership rate in Charlotte is about 57.5%. Charlotte's vacancy rate, including seasonal lodging, is about 6.4%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Charlotte were built after 1978.


Housing Size

Housing Units by Size
Studio Type2.30%
One Bedroom14.60%
Two Bedrooms29.30%
Three Bedrooms34.70%
Four Bedrooms16.40%
Five Bedrooms or more2.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1978
Median Value of occupied units$134,300
Median Price asked for vacant units$123,000

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1979
Median Monthly Rent asked for vacant units$642

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage9.80%
Home Equity Loan14.30%
Simple Mortgage57%
Debt Free18.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%