$2,136 Closing Credit*
$179,900
2,333 SqFt
5 Beds
•3 Full Baths
Rebecca M. Charpinsky, Listing Office: Howard Hanna
Is Charlotte, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Charlotte has remained a Seller's Market.
Key Takeaway
Charlotte is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Charlotte, NY
How much do homes in Charlotte, NY cost?
Median Sold Price
$183,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,000(+13.7%)
Key Takeaway
Homes in Charlotte have sold for 13.7% more than they did a year ago.
Summary: The median home sold price in Charlotte was $183,000 in October 2024, up 13.7% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $111.5K | N/A |
| 2 Bedrooms | $152.2K | $150K | -1.5% |
| 3 Bedrooms | $161.5K | $184.9K | +14.5% |
| 4 Bedrooms | $168.7K | $180K | +6.7% |
| 5+ Bedrooms | $232.5K | $334K | +43.7% |
Summary: Charlotte housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 43.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Charlotte | $161K | $183K | +13.7% |
| Maplewood | $135K | $152K | +12.6% |
Housing Supply in Charlotte, NY
How many homes are available in Charlotte, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 30 | 0.0% |
Summary: The Charlotte real estate market had 30 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 10 | +25.0% |
| 3 Bedrooms | 20 | 17 | -15.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Charlotte housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 15%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charlotte, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in Charlotte in October 2024, down by 25.0% month-over-month. Of the 6 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Charlotte, NY
How long does it take to sell a home in Charlotte, NY?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 10 Days | 7 Days | -32.9% |
Summary: Homes in Charlotte had an average of 7 days on market in Oct 2024, down by 32.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Charlotte are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Charlotte; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
