Charlotte VA Loans

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 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 5.67% for the week of 2022-05-13, compared to the national average (all VA variants) of 5.158% for the same period.

The average rate for the prior week (2022-05-06) was 5.7% and one month ago for the week of 2022-04-08, the average rate was 4.82%.

The average rate one year ago was 3.24%.

For refis of the same type during the week of 2022-05-13, the average rate was 5.18%.

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 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. Total Fees
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 & INVESTMENT LLC 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
Truist Bank 50 2.74% $6,050
AMERICAN FINANCIAL NETWORK, INC. 50 2.60% $9,887
MATTAMY HOME FUNDING, LLC 44 2.66% $7,655
GUARANTEED RATE, INC. 44 2.55% $6,339
Towne Bank 44 2.78% $8,972
InterContinental Capital Group, Inc 42 2.43% $4,611
GUILD MORTGAGE COMPANY 42 2.85% $8,909
NBKC BANK 41 2.50% $6,811
Barrington Bank & Trust Company, N.A. 39 2.73% $5,105
BROKER SOLUTIONS, INC. 39 2.70% $6,281
North American Savings Bank, F.S.B. 39 2.41% $5,876
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
RAPID MORTGAGE COMPANY 30 3.10% $11,145
PRIMARY RESIDENTIAL MORTGAGE, INC. 30 3.28% $7,877
MUTUAL OF OMAHA MORTGAGE, INC. 28 2.70% $6,679
GUARANTEED RATE AFFINITY, LLC 28 2.63% $7,249
Magnolia Bank 28 2.62% $7,733
Mid-Continent Funding, Inc. 28 2.90% $5,818
SUN WEST MORTGAGE COMPANY, INC. 26 2.41% $5,607
MCLEAN MORTGAGE CORPORATION 25 2.59% $5,516
CERTAINTY HOME LOANS, LLC 25 2.81% $6,765
PLANET HOME LENDING, LLC 25 2.61% $4,016
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
PULTE MORTGAGE LLC 21 2.82% $7,886
INTERCOASTAL MORTGAGE COMPANY 21 2.56% $4,728
Ameris Bank 21 2.64% $5,335
TJC Mortgage, Inc. 20 2.72% $7,109
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
HOMEBRIDGE FINANCIAL SERVICES, INC. 20 2.53% $7,073
LOANPAL, LLC 19 2.41% $7,680
Uwharrie Bank 18 2.62% $3,336
HOMESTAR FINANCIAL CORPORATION 17 2.79% $6,627
SUMMIT FUNDING, INC. 17 2.87% $6,239
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
Northpointe Bank 15 2.78% $5,319
RELIANCE FIRST CAPITAL, LLC 15 2.88% $9,425
GoPrime Mortgage, Inc. 15 3.14% $5,848
South State Bank 15 2.50% $6,017
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
Allen Tate Mortgage Partners, LLC 13 2.83% $4,736
SOVEREIGN LENDING GROUP INCORPORATED 13 2.56% $8,029
Colten Mortgage, LLC 12 3.02% $6,050
FBC MORTGAGE, LLC 12 2.82% $6,103
FINANCE OF AMERICA MORTGAGE LLC 12 2.42% $5,230
KS StateBank 11 2.47% $9,558
MORTGAGE SOLUTIONS OF COLORADO, LLC 10 3.40% $3,797
Manufacturers and Traders Trust Company 10 2.69% $7,190
LENDUS, LLC 10 2.79% $4,962
EMBRACE HOME LOANS, INC. 10 2.55% $5,206
CONTOUR MORTGAGE CORPORATION 10 2.46% $6,484
SeaTrust Mortgage Company 9 2.72% $8,009
UNION HOME MORTGAGE CORP. 9 2.33% $5,314
C & F Mortgage Corporation 9 2.92% $7,902
CAPITAL CENTER, L.L.C. 9 2.51% $1,371
ACOPIA, LLC 9 3.29% $8,226
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
First Home Bank 7 2.75% $8,085
First-Citizens Bank & Trust Company 7 2.48% $8,290
AMERIFIRST FINANCIAL CORPORATION 7 3.00% $6,666
Amerifirst Financial, Inc. 7 2.86% $4,388
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 7 3.39% $3,494
Bank of England 7 2.79% $9,678
NFM, INC. 7 3.18% $10,783
Meridian Bank Corporation 7 2.34% $9,129
Prosperity Home Mortgage, LLC 7 2.77% $11,359
Prime Choice Funding Inc. 7 2.18% $3,192
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
LEADERONE FINANCIAL CORPORATION 5 2.80% $7,036
CHURCHILL MORTGAGE CORPORATION 5 2.65% $3,360
George Mason Mortgage, LLC 5 2.77% $15,487
GUARANTY HOME MORTGAGE CORPORATION 5 2.88% $5,906
UNITED SECURITY FINANCIAL CORP 5 2.20% $7,242
First Horizon Bank 5 2.98% $5,113
STEARNS LENDING, LLC 5 2.53% $4,170
LIBERTY HOME MORTGAGE CORPORATION 5 3.15% $9,812
First Heritage Mortgage, LLC 5 2.73% $4,500
EQUITY RESOURCES, INC. 5 2.35% $3,137
Strong Home Mortgage, LLC 5 2.53% $6,239
U.S. Bank 5 2.65% $9,186
KELLER MORTGAGE, LLC 5 2.78% $6,191
PREMIER LENDING, INC. 5 2.88% $7,139
First Mortgage Solutions, LLC 5 2.63% $3,333
AMERICAN FINANCIAL RESOURCES, INC. 5 3.28% $6,548
INTERCAP LENDING INC. 4 2.69% $4,825
HOMEOWNERS FINANCIAL GROUP USA, LLC 4 3.22% $4,654
INTERLINC MORTGAGE SERVICES, LLC 4 3.34% $14,914
Atlantic Home Loans, Inc. 4 2.88% $11,598
PLAZA HOME MORTGAGE, INC. 4 2.53% $10,197
PNC Bank 4 2.78% $3,039
Shamrock Home Loans, Inc. 4 2.88% $3,743
PREMIA MORTGAGE, LLC 4 2.38% $14,663
MILEND, INC. 4 3.12% $3,484
First Bank 4 2.34% $2,285
North State Bank 4 2.47% $9,375
ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 2.97% $2,108
Blue Ridge Bank 4 3.25% $5,611
ROSS MORTGAGE CORPORATION 4 2.75% $7,830
AMERICAN PACIFIC MORTGAGE CORPORATION 4 3.00% $9,491
HOMESTEAD FUNDING CORP. 4 2.25% $1,208
AMCAP MORTGAGE, LTD. 3 2.67% $7,069
Armed Forces Bank 3 2.21% $4,704
RESOURCE FINANCIAL SERVICES, INC. 3 2.58% $8,600
First National Bank of Pennsylvania 3 2.75% $6,963
VERITAS FUNDING, LLC 3 2.91% $22,822
OVM FINANCIAL, INC. 3 2.96% $10,110
ARC HOME LLC 3 2.63% $13,753
SOUTHWEST STAGE FUNDING, LLC 3 3.38% $3,653
Bank of America 3 2.88% $1,899
Texana Bank 3 2.25% $3,657
FIDELITY DIRECT MORTGAGE, LLC 3 2.71% $5,990
TBI MORTGAGE COMPANY 3 2.46% $7,019
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 3.33% $4,640
Shea Mortgage Inc. 3 2.88% $5,766
MIDLAND MORTGAGE CORPORATION 3 2.75% $3,423
Pinnacle Bank 3 2.33% $7,161
The Central Trust Bank 3 2.25% $14,112
Gateway First Bank 3 3.33% $4,296
ABSOLUTE HOME MORTGAGE CORPORATION 3 2.83% $4,106
ROYAL UNITED MORTGAGE LLC 3 2.79% $9,272
First Federal Bank of Kansas City 3 2.50% $2,384
SIRVA MORTGAGE, INC. 3 3.08% $6,825
CALCON MUTUAL MORTGAGE LLC 2 2.88% $22,666
Goldwater Bank, N.A. 2 2.38% $2,736
Service Federal Credit Union 2 2.81% $11,083
SHELTER HOME MORTGAGE, LLC 2 3.31% $12,975
BETTER MORTGAGE CORPORATION 2 3.38% $2,084
BELEM SERVICING LLC 2 2.31% $6,346
BAYSHORE MORTGAGE FUNDING, LLC 2 2.25% $1,869
GENEVA FINANCIAL, LLC 2 2.81% $1,956
FirstBank 2 2.56% $2,655
EVERETT FINANCIAL, INC. 2 3.38% $7,340
THRIVE MORTGAGE, LLC 2 2.81% $10,565
TOP FLITE FINANCIAL, INC. 2 2.63% $6,527
TOWNE MORTGAGE COMPANY 2 2.69% $3,379
Equity Prime Mortgage LLC 2 3.31% $9,471
NTFN, INC. 2 2.44% $2,846
Keystone Funding, Inc. 2 2.37% $13,339
VAN DYK MORTGAGE CORPORATION 2 2.75% $5,212
LADERA LENDING, INC. 2 2.50% $8,484
ALLIED MORTGAGE GROUP, INC. 2 3.13% $3,106
Florida Capital Bank 2 2.56% $9,437
Colonial Savings, F.A. 2 2.63% $10,849
POLARIS HOME FUNDING CORP. 2 2.69% $6,935
MORTGAGE INVESTORS GROUP, INC. 2 2.63% $12,843
Mortgage Network, Inc. 2 2.44% $5,864
Lend Smart Mortgage, LLC 2 3.19% $9,016
FIRST HOME MORTGAGE CORPORATION 2 2.38% $3,766
Century Mortgage Company DBA Century Lending Company 2 3.06% $4,375
Academy Bank 2 2.50% $1,436
Capital Bank 2 2.25% $3,217
NATIONS DIRECT MORTGAGE, LLC 2 3.38% $18,331
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 & INVESTMENT LLC (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 $334,995 (9.1%) $435,018 (8.4%) 1.23 7,086
2018-02-01 $335,000 (5.6%) $439,756 (6.2%) 1.21 7,101
2018-03-01 $345,000 (5.0%) $449,677 (4.9%) 1.19 7,375
2018-04-01 $350,000 (3.3%) $460,762 (4.7%) 1.17 7,670
2018-05-01 $354,500 (2.8%) $467,397 (3.6%) 1.18 8,117
2018-06-01 $353,900 (2.1%) $464,835 (2.6%) 1.18 8,565
2018-07-01 $347,000 (1.5%) $453,158 (1.0%) 1.16 8,959
2018-08-01 $340,000 (0.6%) $445,389 (1.8%) 1.14 9,185
2018-09-01 $339,759 (1.4%) $444,463 (1.8%) 1.14 9,057
2018-10-01 $332,962 (-0.9%) $435,477 (-0.5%) 1.11 9,253
2018-11-01 $329,900 (0.0%) $431,793 (-0.2%) 1.11 9,061
2018-12-01 $325,000 (-1.5%) $428,175 (-0.4%) 1.11 8,540
2019-01-01 $325,000 (-3.0%) $429,457 (-1.3%) 1.12 8,029
2019-02-01 $329,900 (-1.5%) $439,863 (0.0%) 1.11 7,999
2019-03-01 $341,386 (-1.1%) $465,785 (3.6%) 1.11 8,053
2019-04-01 $349,950 (0.0%) $479,677 (4.1%) 1.10 8,207
2019-05-01 $357,058 (0.7%) $480,080 (2.7%) 1.10 8,408
2019-06-01 $359,000 (1.4%) $478,240 (2.9%) 1.11 8,597
2019-07-01 $349,950 (0.9%) $459,323 (1.4%) 1.09 8,582
2019-08-01 $345,531 (1.6%) $451,051 (1.3%) 1.09 8,422
2019-09-01 $339,900 (0.0%) $464,941 (4.6%) 1.08 8,233
2019-10-01 $335,900 (0.9%) $460,338 (5.7%) 1.07 8,452
2019-11-01 $335,000 (1.6%) $439,094 (1.7%) 1.08 7,897
2019-12-01 $339,700 (4.5%) $442,484 (3.3%) 1.13 7,041
2020-01-01 $339,200 (4.4%) $447,774 (4.3%) 1.13 6,371
2020-02-01 $345,000 (4.6%) $465,061 (5.7%) 1.11 5,729
2020-03-01 $352,930 (3.4%) $482,844 (3.7%) 1.10 5,924
2020-04-01 $345,000 (-1.4%) $462,585 (-3.6%) 1.07 6,526
2020-05-01 $355,000 (-0.6%) $484,585 (0.9%) 1.08 6,234
2020-06-01 $369,955 (3.1%) $512,270 (7.1%) 1.08 5,263
2020-07-01 $373,500 (6.7%) $517,040 (12.6%) 1.07 4,748
2020-08-01 $375,000 (8.5%) $520,259 (15.3%) 1.07 4,517
2020-09-01 $377,413 (11.0%) $525,716 (13.1%) 1.08 4,404
2020-10-01 $374,653 (11.5%) $522,120 (13.4%) 1.07 4,313
2020-11-01 $375,000 (11.9%) $524,101 (19.4%) 1.07 4,011
2020-12-01 $374,320 (10.2%) $516,003 (16.6%) 1.10 3,487
2021-01-01 $368,500 (8.6%) $512,534 (14.5%) 1.08 3,086
2021-02-01 $364,315 (5.6%) $514,795 (10.7%) 1.05 2,582
2021-03-01 $377,450 (7.0%) $546,204 (13.1%) 1.06 2,220
2021-04-01 $389,000 (12.8%) $558,932 (20.8%) 1.05 2,147
2021-05-01 $390,000 (9.9%) $552,769 (14.1%) 1.03 2,310
2021-06-01 $389,693 (5.3%) $546,560 (6.7%) 1.01 2,642
2021-07-01 $389,950 (4.4%) $532,239 (2.9%) 1.01 2,922
2021-08-01 $385,450 (2.8%) $516,459 (-0.7%) 1.01 3,181
2021-09-01 $390,923 (3.6%) $525,209 (-0.1%) 1.03 3,189
2021-10-01 $399,900 (6.7%) $528,042 (1.1%) 1.05 3,108
2021-11-01 $399,500 (6.5%) $526,241 (0.4%) 1.05 2,987
2021-12-01 $395,000 (5.5%) $525,691 (1.9%) 1.05 2,542
2022-01-01 $399,950 (8.5%) $537,013 (4.8%) 1.07 2,036
2022-02-01 $399,089 (9.5%) $550,494 (6.9%) 1.02 1,728
2022-03-01 $409,500 (8.5%) $562,198 (2.9%) 1.01 1,803
2022-04-01 $419,000 (7.7%) $584,282 (4.5%) 0.99 2,054
Charlotte's median listing price for 2022-04-01 was $419,000, a difference of $30,000 (7.7%) versus the prior year and $9,500 versus the prior month.

Charlotte's median listing price comes in at 99% of the national average.

Charlotte's average listing price for 2022-04-01 was $584,282, a difference of $25,350 (4.5%) versus the prior year and $22,084 versus the prior month.

For the 2022-04-01 period, Charlotte had 2,054 MLS listings, a difference of 251 listings (14%) versus the prior month and -93 listings (-4%) 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 85 days 2,556 sqft
2018-02-01 74 days 2,546 sqft
2018-03-01 52 days 2,618 sqft
2018-04-01 50 days 2,638 sqft
2018-05-01 49 days 2,653 sqft
2018-06-01 50 days 2,656 sqft
2018-07-01 53 days 2,613 sqft
2018-08-01 54 days 2,572 sqft
2018-09-01 58 days 2,540 sqft
2018-10-01 63 days 2,504 sqft
2018-11-01 63 days 2,470 sqft
2018-12-01 70 days 2,439 sqft
2019-01-01 77 days 2,417 sqft
2019-02-01 70 days 2,427 sqft
2019-03-01 56 days 2,483 sqft
2019-04-01 51 days 2,522 sqft
2019-05-01 49 days 2,563 sqft
2019-06-01 50 days 2,553 sqft
2019-07-01 51 days 2,488 sqft
2019-08-01 52 days 2,451 sqft
2019-09-01 56 days 2,425 sqft
2019-10-01 57 days 2,394 sqft
2019-11-01 57 days 2,382 sqft
2019-12-01 67 days 2,375 sqft
2020-01-01 74 days 2,359 sqft
2020-02-01 64 days 2,368 sqft
2020-03-01 43 days 2,418 sqft
2020-04-01 43 days 2,347 sqft
2020-05-01 57 days 2,413 sqft
2020-06-01 53 days 2,443 sqft
2020-07-01 48 days 2,436 sqft
2020-08-01 42 days 2,406 sqft
2020-09-01 38 days 2,376 sqft
2020-10-01 41 days 2,304 sqft
2020-11-01 44 days 2,246 sqft
2020-12-01 51 days 2,204 sqft
2021-01-01 55 days 2,200 sqft
2021-02-01 35 days 2,078 sqft
2021-03-01 34 days 2,095 sqft
2021-04-01 32 days 2,106 sqft
2021-05-01 28 days 2,134 sqft
2021-06-01 27 days 2,109 sqft
2021-07-01 28 days 2,076 sqft
2021-08-01 28 days 2,053 sqft
2021-09-01 31 days 2,073 sqft
2021-10-01 32 days 2,063 sqft
2021-11-01 34 days 2,049 sqft
2021-12-01 40 days 1,997 sqft
2022-01-01 45 days 2,010 sqft
2022-02-01 31 days 1,981 sqft
2022-03-01 20 days 1,985 sqft
2022-04-01 20 days 2,005 sqft
Charlotte's median listing age (time on market) for 2022-04-01 was 20 days. This is -37% shorter than the same period one year ago.

Charlotte's median square footage for active listings during the 2022-04-01 period was 2,005 sqft. One year prior, the average listing was 2,106 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.