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Featured local agent — Charlotte, MI
Sarah Mitchell
Compass Real Estate · Charlotte, MI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Charlotte, MI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$187,000median sale price
How is the Charlotte, MI housing market right now?
The median home sale price in Charlotte, MI is $187,000, up 7.5% year-over-year. Homes sell in an average of 35 days with 19 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Charlotte a buyer's or seller's market?
Charlotte, MI is currently a seller's market, based on 2.7 months of supply and homes selling in about 35 days. How we determine this →
Homes sold
7
Last 12 weeks
Days on market
35
Average pace
Active listings
19
2.7 months supply
Sale-to-list
102.8%
Above asking
What does the Charlotte housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $187,000 |
| Median list price | $187,400 |
| Year-over-year price change | +7.5% |
| Average days on market | 35 days |
| Active inventory | 19 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 102.8% |
| Median price per sq ft | $121/sq ft |
| Homes sold (latest month) | 7 |
| New listings (latest month) | 12 |
| Listings with a price cut | 21.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Charlotte by property type?
How the Charlotte, MI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $187,000 | $121/sq ft | 7 | 35 days |
| Condo / Co-op | $271,000 | $182/sq ft | 1 | 5 days |
Source: Redfin · Updated monthly
The Charlotte housing market is currently classified as a seller's market with a median sale price of $187,000. Prices have risen 7.5% compared to last year, with homes spending an average of 35 days on market, indicating 2.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Charlotte
There are currently 19 homes listed for sale in Charlotte, Michigan. The median listing price is $187K.
Active listings
19
Homes on market
Median list price
$187K
Avg. days on market
35
Days until sale
New this week
12
Newly listed
Who lives in Charlotte?
Population
9,269
Median income
$63,385/yr
Median age
35.9 years
Owner-occupied
66.8%
College grads
17.4%
Avg commute
20 min
Source: U.S. Census Bureau ACS
What are homes worth in Charlotte?
Zillow home value
$245,290
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Charlotte?
Charlotte is a community of approximately 9K residents with a median age of 35.9 years.The median household income is $63,385, which represents a working-class community with solid middle-income opportunities. 17.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 20 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Charlotte offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Charlotte?
10 schools tracked · 2,454 students
The largest public schools serving Charlotte, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Charlotte Senior High School
Grades 8-12 · 666 students
Charlotte Upper Elementary School
Grades 4-8 · 530 students
Charlotte Middle School
Grades 7-8 · 362 students
Parkview Elementary School
Grades K-3 · 303 students
Washington Elementary School
Grades 1-3 · 249 students
Galewood Early Elementary School
Grades PK-K · 202 students
Eaton RESA Meadowview Offsite
Grades PK-12 · 50 students
Charlotte Public Schools Project Success
Grades 9-12 · 34 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Charlotte, MI?
Want a head-to-head view? Compare Charlotte side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Charlotte?
The median home sale price in Charlotte is $187,000, up 7.5% from last year.
How long do homes stay on market in Charlotte?
Homes typically spend 35 days on market before going under contract.
What is the median income in Charlotte?
The median household income is $63,385 per year.
Is Charlotte a buyer's or seller's market?
With 2.7 months of supply, Charlotte is currently a seller's market.
What is the Zillow home value estimate for Charlotte?
The Zillow Home Value Index (ZHVI) for Charlotte is $245,290, representing the typical home value in the area.
What is the median condo price in Charlotte?
The median condo/co-op sale price in Charlotte, MI is $271,000, compared to $187,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Charlotte?
The median single-family home price in Charlotte, MI is $187,000 (about $121 per square foot).
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