3 Reasons Why Now Is the Right Time To Buy in Charlotte

By Collin Ramirez

Collin Ramirez, a Charlotte native, exemplifies unwavering dedication in his role as the Executive Listing Specialist for The John Bolos Group.

Is now really the right time to buy a home in Charlotte? I know a lot of people are holding off, waiting for interest rates to drop, but that delay could end up costing you tens of thousands. Right now, Charlotte’s housing market is presenting a unique opportunity for buyers.

Let me share three reasons why acting now might be the smartest financial move you can make this year.

1. Home prices are still rising. Even though the market isn’t moving as fast as before, home prices in Charlotte are still climbing. In June of ’25, the median sales price hit $435K, up 2.4% from the year before. By July, it was around $440K, reflecting a 4.1% increase year over year. That might not sound huge, but over the course of a year, it can add up to hundreds of thousands of dollars in extra costs if you wait. Buying now means locking in today’s price, protecting your buying power from inflation.

2. Buyers have more options. Another advantage right now is that inventory is on the rise. In June, Charlotte saw a 39% increase in homes for sale compared to last year, with a monthly supply of 3.1 months. More homes on the market mean more choices for buyers and more room to negotiate. Waiting for interest rates to drop could change this dynamic, and increased competition could push prices up again, so buying today can give you a real edge.

3. The market is shifting towards balance. Charlotte’s market is still a seller-heavy one, but it’s moving closer to balance. Homes are staying on the market a little longer, which is about 47 days now, up from 40 days a year ago. That gives buyers more time to evaluate options, negotiate repairs, and make thoughtful offers. If you wait, you risk the market swinging back toward sellers, which could mean bidding wars or being priced out.

Acting now lets you lock in today’s value and secure a property, and when rates eventually drop, you can refinance to adjust your terms. If you want to walk through neighborhoods, check out listings, or plan your offer strategy, feel free to reach out to me at 704-368-3453 or send me an email at collin@jbolos.com. I’m happy to help you find the home you’re looking for.