$2,611 Closing Credit*
$219,900
2,305 SqFt
4 Beds
•2 Full Baths
Wayne A. Walker, Listing Office: Hunt Real Estate ERA/Columbus
Is Charlotte, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$190,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,500(+18.4%)
Key Takeaway
Homes in Charlotte have sold for 18.4% more than they did a year ago.
Summary: The median home sold price in Charlotte was $190,000 in November 2024, up 18.4% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $111.5K | N/A |
| 2 Bedrooms | $149.5K | $160K | +7.0% |
| 3 Bedrooms | $163.2K | $190K | +16.4% |
| 4 Bedrooms | $165.5K | $202.5K | +22.4% |
| 5+ Bedrooms | $232.5K | $334K | +43.7% |
Summary: Charlotte housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 16.4%, 4 bedroom homes increased by 22.4%, and 5+ bedroom homes increased by 43.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Charlotte | $160.5K | $190K | +18.4% |
| Maplewood | $140K | $150K | +7.1% |
Housing Supply in Charlotte, NY
How many homes are available in Charlotte, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 27 | -12.9% |
Summary: The Charlotte real estate market had 27 homes for sale in November 2024, a 12.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 6 | -45.5% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Charlotte housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 45.5%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 11 | +83.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Charlotte, you could pay more than the asking price. 81.8% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Charlotte in November 2024, up by 83.3% month-over-month. Of the 11 sold homes, 18% were sold under asking, 0% were sold at asking, and 82% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 11 Days | +6.5% |
Summary: Homes in Charlotte had an average of 11 days on market in Nov 2024, up by 6.5% compared to last year.
Breakdown of Home Sale Times
11 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 November 2024, 11 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.
