Charlotte & Lake Wylie Real Estate Market Update: What to Expect in 2025

The days of skyrocketing home prices and intense bidding wars may be behind us, but what’s next for the Charlotte, Fort Mill, and Lake Wylie real estate markets? While the frenzy of past years has settled, 2025 brings a more balanced yet still dynamic market. Whether you're a homeowner, seller, or buyer, understanding these shifts is key to making informed decisions.

https://youtu.be/MWeIq4dUk1s

Market Snapshot: Key 2025 Real Estate Stats

📊 Charlotte, NC: The median home price is $410,700, up 2% year-over-year.

🏡 Fort Mill & Lake Wylie, SC: Prices continue to appreciate, especially in waterfront and golf course communities.

📈 Inventory Growth: Active listings in Charlotte surged 48.6% year-over-year, giving buyers more choices.

🏠 Sales Activity: Closed sales increased 7.1% in January 2025, signaling steady demand.

💰 Mortgage Rates: Expected to hover around 6% throughout the year, providing stability for both buyers and sellers.

📺 Want a deep dive into the numbers? Watch my latest YouTube video for expert insights.

What This Means for You

For Homeowners

Even if you’re not selling, market shifts impact your home equity and future options.

✔️ Your Home’s Value is Growing – Charlotte home prices are up 2% year-over-year, and Fort Mill & Lake Wylie remain strong.

✔️ Renovate Smart – With more inventory available, now is a great time to plan home upgrades that add resale value.

✔️ Refinancing Opportunity – With rates stabilizing around 6%, locking in a better loan term could be a smart move.

📌 Curious about your home’s worth? Let’s do a personalized market review.

For Sellers

While the market isn’t as intense as before, well-prepared homes are still selling quickly.

✔️ Price it Right – Overpricing leads to longer time on the market; a competitive price is key.

✔️ Presentation Wins – Staged and updated homes sell faster, especially as the average days on market rises to 54 days.

✔️ Luxury & Lifestyle Still Sell – Waterfront and golf course properties in Lake Wylie & Fort Mill remain highly desirable.

✔️ More Competition – With increased inventory, sellers must stand out with strong marketing strategies.

📌 Thinking about selling? Let’s create a custom strategy to get top dollar.

For Buyers

With more inventory, buyers have greater choices—but prices are still rising.

✔️ Less Competition, More Options – 48.6% more listings means better selection and negotiation power.

✔️ Rates Holding at 6% – No major drops expected, so waiting for lower rates may not be beneficial.

✔️ Prices Keep Rising – Charlotte’s median home price is now $410,700, and appreciation is expected to continue.

✔️ New Construction = Smart Buy – Builders are offering strong incentives, making new homes an attractive option.

📌 Let’s discuss your goals and find the right home before prices climb further.

Make Smart Moves in 2025

The real estate market is shifting, but opportunities remain for those who are prepared. Whether you’re looking to buy, sell, or simply understand your home’s value, now is the time to take action.

📩 Schedule your personalized market review today!

Sources: NAR, Axios, Canopy Realtor Association, Freddie Mac