Cheap Homes in Charlotte, NC

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Top Reasons To Live In Charlotte, NC In 2024

Charlotte is located in Mecklenburg, North Carolina, with an estimated municipal population of 885,708 residents. All of the best foreclosed homes for sale in Charlotte are located in the following zip code areas on 28269 28262 28105 28280 28282 28209 28208 28205 28204 28207 28206 28203 28202 28227 28226 28278 28270 28273 28277 28134 28216 28217 28214 28215 28212 28213 28210 28211 28244 28126 28130 28201 28218 28219 28220 28221 28222 28223 28224 28228 28229 28230 28231 28232 28233 28234 28235 28237 28241 28242 28243 28246 28247 28253 28254 28255 28256 28258 28260 28263 28265 28266 28271 28272 28274 28275 28281 28284 28285 28287 28288 28289 28290 28296 28297 28299. The estimated population per square kilometer (.62 miles) in Charlotte is 1,113.

Cost Of Living In Charlotte, NC

So, about how much do homes cost in Charlotte? The most recent median value of resident-owned homes in Charlotte is 220,191. An estimated 52.9 percent of households in Charlotte own their homes, with an average family size of 3.32. The median household income in Charlotte is 62,817, with30.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Charlotte, the median commute time of resident workers (in minutes) is 25.9. And last, but certainly not least, are you looking for homes to rent in Charlotte? If so, the average rent price paid by renters in Charlotte is 1,135, according to recent statistics.

Diversity And Demographics In Charlotte, North Carolina

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Charlotte, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Charlotte is 34.2, split between 48.1 percent male versus 51.9 female. The percentage of residents who report being married in Charlotte is 42.5, with an average family size of 3.32.

The percentage of residents who report their race in Charlotte is as follows:

White 48.8%
Black / African American 35.2%
Asian 6.5%
American Indian / Alaskan Native 0.4%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.8%
Other 6.1%

Looking for family-friendly neighborhoods in and/or near Charlotte? Or maybe you are searching for 55+ active adult communities in and/or near Charlotte?

The percentage of residents who report their age in Charlotte is as follows:

Under 10 13.4%
Aged 10-19 12.8%
20s 16.3%
30s 16.4%
40s 13.9%
50s 12.1%
60s 8.6%
70s 4.3%
80+ 2.2%

Best Schools In Charlotte, North Carolina

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Charlotte with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Charlotte.

Pros And Cons Of Living In Charlotte, North Carolina

How do you know that living in -- or moving to -- Charlotte is right where you need to be? Perhaps you grew up in Charlotte or already live nearby; therefore, the decision to buy a home in Charlotte is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Charlotte for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Charlotte:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Charlotte.

Reasons To Move To Charlotte, North Carolina, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Charlotte can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Charlotte, meanwhile, can field multiple offers from more qualified buyers.

Cheap Homes in Charlotte, NC


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