Charlotte VA Loan Rates, Closing Costs & Stats

CHARLOTTE-CONCORD-GASTONIA, NC-SC

A VA loan is a mortgage loan that’s backed by the Department of Veterans Affairs (VA) for those who have served or are presently serving in the U.S. military. The VA does not directly lend, it guarantees the loans made by private lenders to veterans, active military personnel, and qualifying military spouses.

The most obvious benefit of VA loans is that no downpayment is necessary to purchase a home. They will also typically have significantly lower fees-- meaning that if you're eligible to receive a VA loan, it will likely be the most favorable option. VA loans come in 3 varities: purchase, refinance and cash out refis.

For additional benefits of VA loans, click here.

Charlotte's 270 lenders originated 10,884 VA loans during 2021. The total origination value was $3,274,530,000, with an average VA loan value of $300,857.

Charlotte VA Loans, 30 Year Fixed Rates

30 Year VA mortgages in Charlotte averaged 0.41% for the week of 2022-11-25, compared to the national average (all VA variants) of 0% for the same period.

Charlotte's average VA mortgage closing costs are $5,429.

The average rate for the prior week (2022-11-18) was 6.6% and one month ago for the week of 2022-10-21, the average rate was 7.05%.

The average rate one year ago was 3.43%.

For refis of the same type during the week of 2022-11-25, the average rate was 0.12%.

Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

Charlotte VA Loan Lenders by Rates & Fees

The below table looks at the average fees/closing costs and rates for VA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Charlotte level.

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Closing Costs
QUICKEN LOANS, LLC 1,118 2.46% $5,469
FREEDOM MORTGAGE CORPORATION 825 2.44% $3,423
Mortgage Research Center, LLC 757 2.83% $6,257
MOVEMENT MORTGAGE, LLC 483 2.77% $5,659
PENNYMAC LOAN SERVICES, LLC 468 2.37% $6,312
LOANDEPOT.COM, LLC 373 2.59% $5,677
NAVY FEDERAL CREDIT UNION 286 2.49% $5,837
NEW DAY FINANCIAL, LLC 273 2.81% $8,187
LAKEVIEW LOAN SERVICING, LLC 264 2.46% $2,397
VILLAGE CAPITAL MORTGAGE 235 2.33% $3,951
UNITED WHOLESALE MORTGAGE, LLC 213 2.46% $6,945
USAA Federal Savings Bank 205 2.85% $3,972
CLEARPATH LENDING 159 2.33% $5,063
Wells Fargo Bank 150 2.50% $4,400
Mr. Cooper ( Nationstar Mortgage ) 147 2.76% $4,245
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 129 2.89% $8,187
The Federal Savings Bank 127 2.63% $9,323
NEWREZ LLC 101 2.67% $4,168
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 99 2.92% $7,046
American Security Mortgage Corp. 95 2.53% $7,550
CALIBER HOME LOANS, INC. 94 2.52% $4,589
CROSSCOUNTRY MORTGAGE, LLC 93 3.02% $8,279
DHI MORTGAGE COMPANY, LTD. 88 2.66% $3,930
Lakeview Community Capital, LLC 85 2.45% $2,256
HOME POINT FINANCIAL CORPORATION 83 2.46% $4,744
NVR Mortgage Finance, Inc. 81 2.86% $5,224
EAGLE HOME MORTGAGE, LLC 66 2.83% $6,958
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 62 2.71% $7,136
Wyndham Capital Mortgage, Inc. 61 2.46% $5,842
AMERISAVE MORTGAGE CORPORATION 60 2.67% $6,230
First Federal Bank 59 2.96% $7,924
Low VA Rates, LLC 58 2.40% $4,415
PENTAGON FEDERAL CREDIT UNION 56 2.36% $2,897
Carrington Mortgage Services, LLC 52 2.89% $5,578
AMERICAN FINANCIAL NETWORK, INC. 50 2.60% $9,887
Truist 50 2.74% $6,050
Towne Bank 44 2.78% $8,972
MATTAMY HOME FUNDING, LLC 44 2.66% $7,655
GUARANTEED RATE, INC. 44 2.55% $6,339
GUILD MORTGAGE COMPANY 42 2.85% $8,909
InterContinental Capital Group, Inc 42 2.43% $4,611
NBKC BANK 41 2.50% $6,811
BROKER SOLUTIONS, INC. 39 2.70% $6,281
North American Savings Bank, F.S.B. 39 2.41% $5,876
Barrington Bank & Trust Company, N.A. 39 2.73% $5,105
CORNERSTONE HOME LENDING, INC. 38 3.00% $6,474
South Pacific Financial Corporation 37 2.58% $8,617
Flagstar Bank, FSB 35 2.72% $7,145
ACCELERATE MORTGAGE, LLC 33 2.28% $7,561
PRIMARY RESIDENTIAL MORTGAGE, INC. 30 3.28% $7,877
RAPID MORTGAGE COMPANY 30 3.10% $11,145
Mid-Continent Funding, Inc. 28 2.90% $5,818
GUARANTEED RATE AFFINITY, LLC 28 2.63% $7,249
Magnolia Bank 28 2.62% $7,733
MUTUAL OF OMAHA MORTGAGE, INC. 28 2.70% $6,679
SUN WEST MORTGAGE COMPANY, INC. 26 2.41% $5,607
PLANET HOME LENDING, LLC 25 2.61% $4,016
CERTAINTY HOME LOANS, LLC 25 2.81% $6,765
MCLEAN MORTGAGE CORPORATION 25 2.59% $5,516
NP, Inc. 24 2.33% $5,833
SOUTHERN TRUST MORTGAGE, LLC 23 2.67% $5,738
Alcova Mortgage LLC 23 3.12% $8,237
PRIMELENDING, A PLAINSCAPITAL COMPANY 22 2.90% $11,199
INTERCOASTAL MORTGAGE COMPANY 21 2.56% $4,728
Ameris Bank 21 2.64% $5,335
PULTE MORTGAGE LLC 21 2.82% $7,886
TJC Mortgage, Inc. 20 2.72% $7,109
HOMEBRIDGE FINANCIAL SERVICES, INC. 20 2.53% $7,073
RESIDENTIAL MORTGAGE SERVICES, INC. 20 2.73% $8,782
First Guaranty Mortgage Corporation 20 2.75% $4,916
M/I FINANCIAL, LLC 20 2.64% $8,089
LOANPAL, LLC 19 2.41% $7,680
Uwharrie Bank 18 2.62% $3,336
SUMMIT FUNDING, INC. 17 2.87% $6,239
HOMESTAR FINANCIAL CORPORATION 17 2.79% $6,627
ANGEL OAK HOME LOANS LLC 16 2.73% $9,794
BNC National Bank 16 2.30% $2,557
Nations Lending Corporation 16 2.88% $10,685
INSPIRE HOME LOANS INC. 16 2.82% $6,777
GoPrime Mortgage, Inc. 15 3.14% $5,848
Northpointe Bank 15 2.78% $5,319
South State Bank 15 2.50% $6,017
RELIANCE FIRST CAPITAL, LLC 15 2.88% $9,425
Citizens Bank 14 2.63% $7,058
T2 FINANCIAL LLC 14 3.14% $5,421
CMG MORTGAGE, INC. 14 2.71% $9,699
HOMESIDE FINANCIAL, LLC 13 2.77% $9,498
Fifth Third Bank 13 2.76% $6,690
SOVEREIGN LENDING GROUP INCORPORATED 13 2.56% $8,029
Allen Tate Mortgage Partners, LLC 13 2.83% $4,736
FINANCE OF AMERICA MORTGAGE LLC 12 2.42% $5,230
Colten Mortgage, LLC 12 3.02% $6,050
FBC MORTGAGE, LLC 12 2.82% $6,103
KS StateBank 11 2.47% $9,558
MORTGAGE SOLUTIONS OF COLORADO, LLC 10 3.40% $3,797
CONTOUR MORTGAGE CORPORATION 10 2.46% $6,484
LENDUS, LLC 10 2.79% $4,962
M&T Bank 10 2.69% $7,190
EMBRACE HOME LOANS, INC. 10 2.55% $5,206
ACOPIA, LLC 9 3.29% $8,226
C & F Mortgage Corporation 9 2.92% $7,902
CAPITAL CENTER, L.L.C. 9 2.51% $1,371
SeaTrust Mortgage Company 9 2.72% $8,009
UNION HOME MORTGAGE CORP. 9 2.33% $5,314
Paramount Residential Mortgage Group, Inc. 9 2.90% $6,473
SUCCESS MORTGAGE PARTNERS, INC. 8 3.12% $5,007
Wolfe Financial, Inc 8 3.19% $9,642
VANDERBILT MORTGAGE AND FINANCE, INC. 7 2.71% $4,541
Bank of England 7 2.79% $9,678
Prime Choice Funding Inc. 7 2.18% $3,192
First Home Bank 7 2.75% $8,085
First-Citizens Bank & Trust Company 7 2.48% $8,290
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 7 3.39% $3,494
NFM, INC. 7 3.18% $10,783
AMERIFIRST FINANCIAL CORPORATION 7 3.00% $6,666
Prosperity Home Mortgage, LLC 7 2.77% $11,359
Amerifirst Financial, Inc. 7 2.86% $4,388
Meridian Bank Corporation 7 2.34% $9,129
Credence Funding Corporation 6 2.27% $1,870
AMERICAN FINANCING CORPORATION 6 2.42% $2,577
AmeriHome Mortgage Company, LLC 6 2.71% $3,072
CELEBRITY HOME LOANS, LLC 6 3.23% $6,498
JET HOMELOANS, LLC 6 2.87% $7,618
MID AMERICA MORTGAGE, INC. 6 2.94% $2,557
Paramount Bank 6 2.90% $11,559
Presidential Bank, FSB 6 2.50% $5,725
Regions Bank 6 2.88% $4,297
Renasant Bank 6 2.98% $5,567
ZILLOW HOME LOANS, LLC 6 2.54% $9,322
KELLER MORTGAGE, LLC 5 2.78% $6,191
LEADERONE FINANCIAL CORPORATION 5 2.80% $7,036
GUARANTY HOME MORTGAGE CORPORATION 5 2.88% $5,906
U.S. Bank 5 2.65% $9,186
UNITED SECURITY FINANCIAL CORP 5 2.20% $7,242
PREMIER LENDING, INC. 5 2.88% $7,139
AMERICAN FINANCIAL RESOURCES, INC. 5 3.28% $6,548
First Heritage Mortgage, LLC 5 2.73% $4,500
LIBERTY HOME MORTGAGE CORPORATION 5 3.15% $9,812
STEARNS LENDING, LLC 5 2.53% $4,170
George Mason Mortgage, LLC 5 2.77% $15,487
Strong Home Mortgage, LLC 5 2.53% $6,239
First Horizon Bank 5 2.98% $5,113
First Mortgage Solutions, LLC 5 2.63% $3,333
CHURCHILL MORTGAGE CORPORATION 5 2.65% $3,360
EQUITY RESOURCES, INC. 5 2.35% $3,137
Shamrock Home Loans, Inc. 4 2.88% $3,743
ROSS MORTGAGE CORPORATION 4 2.75% $7,830
INTERLINC MORTGAGE SERVICES, LLC 4 3.34% $14,914
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 2.97% $2,108
HOMEOWNERS FINANCIAL GROUP USA, LLC 4 3.22% $4,654
INTERCAP LENDING INC. 4 2.69% $4,825
MILEND, INC. 4 3.12% $3,484
PLAZA HOME MORTGAGE, INC. 4 2.53% $10,197
AMERICAN PACIFIC MORTGAGE CORPORATION 4 3.00% $9,491
HOMESTEAD FUNDING CORP. 4 2.25% $1,208
Blue Ridge Bank 4 3.25% $5,611
Atlantic Home Loans, Inc. 4 2.88% $11,598
PREMIA MORTGAGE, LLC 4 2.38% $14,663
PNC Bank 4 2.78% $3,039
First Bank 4 2.34% $2,285
North State Bank 4 2.47% $9,375
SIRVA MORTGAGE, INC. 3 3.08% $6,825
RESOURCE FINANCIAL SERVICES, INC. 3 2.58% $8,600
ROYAL UNITED MORTGAGE LLC 3 2.79% $9,272
Shea Mortgage Inc. 3 2.88% $5,766
SOUTHWEST STAGE FUNDING, LLC 3 3.38% $3,653
Bank of America 3 2.88% $1,899
TBI MORTGAGE COMPANY 3 2.46% $7,019
FIDELITY DIRECT MORTGAGE, LLC 3 2.71% $5,990
Texana Bank 3 2.25% $3,657
The Central Trust Bank 3 2.25% $14,112
Gateway First Bank 3 3.33% $4,296
Armed Forces Bank 3 2.21% $4,704
ARC HOME LLC 3 2.63% $13,753
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 3.33% $4,640
AMCAP MORTGAGE, LTD. 3 2.67% $7,069
OVM FINANCIAL, INC. 3 2.96% $10,110
VERITAS FUNDING, LLC 3 2.91% $22,822
MIDLAND MORTGAGE CORPORATION 3 2.75% $3,423
Pinnacle Bank 3 2.33% $7,161
First National Bank of Pennsylvania 3 2.75% $6,963
First Federal Bank of Kansas City 3 2.50% $2,384
ABSOLUTE HOME MORTGAGE CORPORATION 3 2.83% $4,106
Equity Prime Mortgage LLC 2 3.31% $9,471
TOWNE MORTGAGE COMPANY 2 2.69% $3,379
TOP FLITE FINANCIAL, INC. 2 2.63% $6,527
Goldwater Bank, N.A. 2 2.38% $2,736
THRIVE MORTGAGE, LLC 2 2.81% $10,565
CALCON MUTUAL MORTGAGE LLC 2 2.88% $22,666
Academy Bank 2 2.50% $1,436
Colonial Savings, F.A. 2 2.63% $10,849
Capital Bank 2 2.25% $3,217
EVERETT FINANCIAL, INC. 2 3.38% $7,340
FirstBank 2 2.56% $2,655
POLARIS HOME FUNDING CORP. 2 2.69% $6,935
GENEVA FINANCIAL, LLC 2 2.81% $1,956
BAYSHORE MORTGAGE FUNDING, LLC 2 2.25% $1,869
BELEM SERVICING LLC 2 2.31% $6,346
BETTER MORTGAGE CORPORATION 2 3.38% $2,084
MORTGAGE INVESTORS GROUP, INC. 2 2.63% $12,843
NATIONS DIRECT MORTGAGE, LLC 2 3.38% $18,331
Mortgage Network, Inc. 2 2.44% $5,864
SHELTER HOME MORTGAGE, LLC 2 3.31% $12,975
Lend Smart Mortgage, LLC 2 3.19% $9,016
Service Federal Credit Union 2 2.81% $11,083
LADERA LENDING, INC. 2 2.50% $8,484
VAN DYK MORTGAGE CORPORATION 2 2.75% $5,212
FIRST HOME MORTGAGE CORPORATION 2 2.38% $3,766
ALLIED MORTGAGE GROUP, INC. 2 3.13% $3,106
Keystone Funding, Inc. 2 2.37% $13,339
Century Mortgage Company DBA Century Lending Company 2 3.06% $4,375
Florida Capital Bank 2 2.56% $9,437
NTFN, INC. 2 2.44% $2,846
Home Mortgage Alliance Corp 1 2.88% $7,589
Ixonia Bank 1 2.25% $2,688
JAMES B. NUTTER & COMPANY 1 2.50% $3,364
JPMorgan Chase Bank 1 3.38% $13,853
HARBORONE MORTGAGE, LLC 1 2.75% $2,908
GSF Mortgage Corporation 1 3.00% $4,675
F & M BANK CORP. 1 3.00% $8,406
MANN FINANCIAL INC. 1 2.88% $0
F&M Bank 1 2.25% $3,243
FIRST SAVINGS MORTGAGE CORPORATION 1 2.75% $16,615
First Savings Bank 1 2.75% $4,190
MORTGAGE ACCESS CORP. 1 2.75% $14,144
First Midwest Bank 1 2.25% $2,731
First Federal Bank, A FSB 1 3.00% $16,271
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.25% $5,545
FIRST COMMUNITY MORTGAGE, INC. 1 2.88% $2,422
NBH Bank 1 2.25% $554
Evolve Bank & Trust 1 2.63% $2,674
DEVELOPER'S MORTGAGE COMPANY 1 2.63% $5,518
OCMBC, INC. 1 2.63% $3,024
ON Q FINANCIAL, INC. 1 2.75% $2,826
Affiliated Bank 1 2.50% $11,356
1ST SIGNATURE LENDING, LLC 1 3.50% $1,202
COUNTRYPLACE MORTGAGE, LTD. 1 3.75% $13,254
Community First National Bank 1 2.25% $4,127
PHH Mortgage Corporation 1 2.50% $2,139
Platinum Home Mortgage Corporation 1 3.00% $6,413
Advisors Mortgage Group, L.L.C. 1 3.25% $11,813
CITY FIRST MORTGAGE SERVICES, L.L.C. 1 3.25% $5,422
Citibank 1 3.38% $3,836
Progress Bank and Trust 1 2.25% $9,165
PROPER RATE, LLC 1 2.75% $15,928
Christensen Financial, Inc. 1 3.75% $7,186
CHERRY CREEK MORTGAGE, LLC 1 2.25% $320
Queensborough National Bank & Trust Company 1 2.25% $7,490
RADIUS FINANCIAL GROUP INC. 1 2.63% $13,175
CAROLINA ONE MORTGAGE, LLC 1 3.63% $13,443
Residential Mortgage Solutions, Inc. 1 3.25% $6,092
RUOFF MORTGAGE COMPANY, INC. 1 3.25% $4,187
BAY EQUITY LLC 1 2.88% $10,459
Stifel Bank and Trust 1 2.25% $3,118
Sunflower Bank 1 2.38% $19,243
Atlantic Coast Mortgage, LLC 1 2.75% $2,972
Assurance Financial Group, L.L.C. 1 2.50% $19,760
TD Bank 1 2.75% $2,213
Arvest Bank 1 2.25% $4,690
THE MORTGAGE FIRM, INC. 1 2.88% $3,927
The Park National Bank 1 2.75% $3,441
TIAA, FSB 1 2.25% $545
Triumph Bank 1 2.25% $3,857
Trustmark National Bank 1 2.38% $4,286
United Community Bank 1 2.63% $10,375
UNITED MORTGAGE CORP. 1 3.25% $9,610
UNIVERSITY LENDING GROUP, LLC 1 2.75% $0
Hometown Lenders, Inc. 1 3.13% $13,403
Independent Bank 1 2.75% $13,836
HOMESPIRE MORTGAGE CORPORATION 1 2.25% $4,868

The top Charlotte VA lender as defined by loan originations is QUICKEN LOANS, LLC, with 1,118 VA loans originated. Their average total fees are $5,469, which is $2,047 higher than the next largest lender, FREEDOM MORTGAGE CORPORATION.

The lowest fee Charlotte VA lenders (with over 10 loans originated) are Lakeview Community Capital, LLC ($2,256), LAKEVIEW LOAN SERVICING, LLC ($2,397), BNC National Bank ($2,557), PENTAGON FEDERAL CREDIT UNION ($2,897) and Uwharrie Bank ($3,336).

The lowest rate Charlotte VA lenders (with over 10 loans originated) are ACCELERATE MORTGAGE, LLC (2.28%), BNC National Bank (2.30%), NP, Inc. (2.33%), VILLAGE CAPITAL MORTGAGE (2.33%) and CLEARPATH LENDING (2.33%).


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - Charlotte (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $336,848 (9.0%) $436,307 (7.8%) 1.25 6,879
2018-02-01 $337,704 (6.4%) $441,970 (6.1%) 1.23 6,914
2018-03-01 $347,999 (5.6%) $451,460 (4.6%) 1.22 7,213
2018-04-01 $350,631 (3.4%) $462,426 (4.3%) 1.19 7,528
2018-05-01 $354,007 (2.2%) $467,681 (3.3%) 1.18 7,967
2018-06-01 $350,531 (0.9%) $463,776 (1.8%) 1.17 8,435
2018-07-01 $346,973 (0.8%) $453,001 (0.7%) 1.16 8,777
2018-08-01 $339,963 (0.3%) $445,439 (1.2%) 1.14 8,912
2018-09-01 $339,669 (0.8%) $443,106 (1.3%) 1.14 8,971
2018-10-01 $333,124 (-1.1%) $435,739 (-0.6%) 1.13 9,039
2018-11-01 $329,950 (-0.3%) $432,310 (-0.2%) 1.12 8,860
2018-12-01 $325,000 (-1.6%) $428,279 (-0.5%) 1.12 8,323
2019-01-01 $325,000 (-3.5%) $428,587 (-1.8%) 1.12 7,901
2019-02-01 $329,700 (-2.4%) $439,376 (-0.6%) 1.11 7,901
2019-03-01 $341,329 (-1.9%) $461,313 (2.2%) 1.12 7,946
2019-04-01 $349,950 (-0.2%) $474,734 (2.7%) 1.11 8,127
2019-05-01 $355,500 (0.4%) $477,907 (2.2%) 1.11 8,368
2019-06-01 $357,500 (2.0%) $477,207 (2.9%) 1.12 8,524
2019-07-01 $349,889 (0.8%) $457,312 (1.0%) 1.10 8,540
2019-08-01 $344,980 (1.5%) $454,922 (2.1%) 1.09 8,522
2019-09-01 $339,366 (-0.1%) $456,912 (3.1%) 1.09 8,436
2019-10-01 $335,624 (0.8%) $449,360 (3.1%) 1.08 8,342
2019-11-01 $334,672 (1.4%) $435,096 (0.6%) 1.10 7,854
2019-12-01 $335,650 (3.3%) $436,543 (1.9%) 1.12 7,036
2020-01-01 $336,495 (3.5%) $442,897 (3.3%) 1.12 6,398
2020-02-01 $340,682 (3.3%) $459,957 (4.7%) 1.11 5,785
2020-03-01 $349,948 (2.5%) $477,326 (3.5%) 1.10 6,006
2020-04-01 $340,000 (-2.8%) $459,046 (-3.3%) 1.06 6,539
2020-05-01 $351,900 (-1.0%) $483,971 (1.3%) 1.07 6,300
2020-06-01 $366,625 (2.6%) $508,331 (6.5%) 1.08 5,368
2020-07-01 $369,250 (5.5%) $512,469 (12.1%) 1.07 4,764
2020-08-01 $369,868 (7.2%) $514,748 (13.2%) 1.06 4,597
2020-09-01 $372,727 (9.8%) $519,032 (13.6%) 1.07 4,480
2020-10-01 $368,000 (9.7%) $514,555 (14.5%) 1.05 4,387
2020-11-01 $374,187 (11.8%) $517,684 (19.0%) 1.09 4,095
2020-12-01 $369,950 (10.2%) $511,211 (17.1%) 1.10 3,578
2021-01-01 $365,000 (8.5%) $507,341 (14.6%) 1.09 3,088
2021-02-01 $359,765 (5.6%) $508,243 (10.5%) 1.05 2,695
2021-03-01 $372,755 (6.5%) $541,722 (13.5%) 1.06 2,372
2021-04-01 $384,997 (13.2%) $550,717 (20.0%) 1.04 2,363
2021-05-01 $385,000 (9.4%) $546,773 (13.0%) 1.02 2,510
2021-06-01 $386,825 (5.5%) $539,532 (6.1%) 1.02 2,831
2021-07-01 $385,000 (4.3%) $526,328 (2.7%) 1.01 3,108
2021-08-01 $385,038 (4.1%) $513,671 (-0.2%) 1.03 3,310
2021-09-01 $387,450 (4.0%) $520,563 (0.3%) 1.03 3,352
2021-10-01 $395,000 (7.3%) $522,150 (1.5%) 1.05 3,304
2021-11-01 $395,495 (5.7%) $517,275 (-0.1%) 1.06 3,122
2021-12-01 $388,074 (4.9%) $514,525 (0.7%) 1.05 2,648
2022-01-01 $394,990 (8.2%) $523,782 (3.2%) 1.07 2,205
2022-02-01 $389,894 (8.4%) $541,558 (6.6%) 1.01 1,892
2022-03-01 $399,950 (7.3%) $552,364 (2.0%) 1.00 1,987
2022-04-01 $410,000 (6.5%) $577,960 (5.0%) 0.98 2,201
2022-05-01 $430,000 (11.7%) $593,374 (8.5%) 0.98 2,940
2022-06-01 $441,850 (14.2%) $594,261 (10.1%) 0.98 3,708
2022-07-01 $429,900 (11.7%) $576,005 (9.4%) 0.97 5,025
2022-08-01 $425,000 (10.4%) $565,734 (10.1%) 0.98 5,397
2022-09-01 $419,950 (8.4%) $566,239 (8.8%) 0.98 5,439
2022-10-01 $414,714 (5.0%) $551,613 (5.6%) 0.98 5,696
Charlotte's median listing price for 2022-10-01 was $414,714, a difference of $19,714 (5.0%) versus the prior year and $-5,236 versus the prior month.

Charlotte's median listing price comes in at 98% of the national average.

Charlotte's average listing price for 2022-10-01 was $551,613, a difference of $29,463 (5.6%) versus the prior year and $-14,626 versus the prior month.

For the 2022-10-01 period, Charlotte had 5,696 MLS listings, a difference of 257 listings (5%) versus the prior month and 2,392 listings (72%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Charlotte (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 84 days 2,578 sqft
2018-02-01 73 days 2,558 sqft
2018-03-01 50 days 2,622 sqft
2018-04-01 48 days 2,639 sqft
2018-05-01 47 days 2,650 sqft
2018-06-01 49 days 2,650 sqft
2018-07-01 52 days 2,601 sqft
2018-08-01 53 days 2,560 sqft
2018-09-01 58 days 2,540 sqft
2018-10-01 61 days 2,500 sqft
2018-11-01 63 days 2,468 sqft
2018-12-01 68 days 2,432 sqft
2019-01-01 74 days 2,416 sqft
2019-02-01 67 days 2,425 sqft
2019-03-01 58 days 2,480 sqft
2019-04-01 50 days 2,519 sqft
2019-05-01 49 days 2,559 sqft
2019-06-01 50 days 2,548 sqft
2019-07-01 51 days 2,482 sqft
2019-08-01 52 days 2,435 sqft
2019-09-01 54 days 2,407 sqft
2019-10-01 57 days 2,387 sqft
2019-11-01 58 days 2,363 sqft
2019-12-01 67 days 2,361 sqft
2020-01-01 73 days 2,337 sqft
2020-02-01 61 days 2,357 sqft
2020-03-01 41 days 2,388 sqft
2020-04-01 43 days 2,329 sqft
2020-05-01 56 days 2,410 sqft
2020-06-01 50 days 2,438 sqft
2020-07-01 45 days 2,426 sqft
2020-08-01 38 days 2,388 sqft
2020-09-01 36 days 2,356 sqft
2020-10-01 37 days 2,283 sqft
2020-11-01 44 days 2,241 sqft
2020-12-01 50 days 2,201 sqft
2021-01-01 52 days 2,200 sqft
2021-02-01 31 days 2,073 sqft
2021-03-01 31 days 2,092 sqft
2021-04-01 27 days 2,108 sqft
2021-05-01 23 days 2,131 sqft
2021-06-01 24 days 2,099 sqft
2021-07-01 26 days 2,062 sqft
2021-08-01 28 days 2,059 sqft
2021-09-01 29 days 2,075 sqft
2021-10-01 32 days 2,063 sqft
2021-11-01 34 days 2,055 sqft
2021-12-01 40 days 1,999 sqft
2022-01-01 41 days 2,018 sqft
2022-02-01 29 days 1,979 sqft
2022-03-01 19 days 1,988 sqft
2022-04-01 19 days 2,006 sqft
2022-05-01 21 days 2,049 sqft
2022-06-01 27 days 2,110 sqft
2022-07-01 31 days 2,082 sqft
2022-08-01 36 days 2,083 sqft
2022-09-01 43 days 2,082 sqft
2022-10-01 45 days 2,050 sqft
Charlotte's median listing age (time on market) for 2022-10-01 was 45 days. This is 41% longer than the same period one year ago.

Charlotte's median square footage for active listings during the 2022-10-01 period was 2,050 sqft. One year prior, the average listing was 2,063 sqft.

VA Loan Features

  • No down payment required
  • Negotiable and competitive interest rate.
  • Ability to finance the VA funding fee (plus reduced funding fees with a down payment of at least 5 percent and exemption for veterans receiving VA compensation).
  • VA rules limit the amount you can be charged for closing costs.
  • Closing costs are comparable with other financing types (and may be lower).
  • Closing costs may be paid by the seller.
  • No private mortgage insurance premiums are required.
  • An assumable mortgage.
  • Right to prepay your mortgage without penalty.
  • For homes inspected by VA during construction, a warranty from builder and assistance from VA to obtain cooperation of builder.
  • VA assistance to veteran borrowers in default due to temporary financial difficulty.