There are many moving parts when you’re buying and selling real estate. In addition to understanding how local property values affect home values, it’s also essential to know how location factors into a home’s resale value. Knowing a little more about the community where your property is located makes selling your house much more manageable.
Knowing the amenities and property values is also crucial to ensure you’re making a wise investment if you’re looking to purchase.
North Carolina has a very competitive housing market. It offers an array of natural backdrops that appeal to nearly any buyer. Temperate weather and friendly neighbors abound in The Tarheel State.
About Mecklenburg County
Located in southwestern North Carolina, Mecklenburg County is home to more than 1 million people. Mecklenburg. Mecklenburg is 546 square miles. Mecklenburg boasts a booming economy and is home to at least 10 Fortune 500 companies, including Coca-Cola Consolidated and Bank of America.
Residents and visitors have access to major transportation lines, including The Charlotte Douglas International Airport, Amtrak, and three train lines in the County. Mecklenburg is also a hub of arts and entertainment with more than a dozen museums and performing art venues.
Mecklenburg County, North Carolina, is a little wetter than average. The County sees around 43 inches of rain per year. The warmer climate is not a friend to snow. Residents only average about 2 inches of snow per year in this County. There are plenty of sunny days. The summers are hot, with average highs sitting at 90 degrees Fahrenheit. Winter lows rest around 30 degrees Fahrenheit. The summer months, July, are likely to be hot and humid.
Housing Market Trends in Mecklenburg County, North Carolina
The housing market is competitive in Mecklenburg County, and the sales prices for homes in the County are almost 20% higher than at the same time last year. The median sales price for a home in Mecklenburg County is $402,000. The average home stays on the market for about 27 days.
At this same time last year, the median sales price for a home in the same County was $336,500, and homes were on the market for 33 days. Like most areas in the country, the average sales price of a home in Mecklenburg increased significantly over the last five years.
During the same time in 2017, the median sales price for a home in Mecklenburg County was $240,000. The average home stayed on the market for 55 days. Homes are selling for more money and in less time.
Peak home sales occur between May and August, while January sees low sales. Buyers should consider purchasing in the summer when there is more competition and potentially lower prices. Selling in the winter might offer an advantage as fewer homes on the market mean less competition.
What does Mecklenburg County Have to Offer?
Mecklenburg County offers a lot of entertainment and activity options. Home to Charlotte, the largest city in the state, residents, and visitors will find plenty of activities to entertain various interests and tastes. Some of the most popular attractions and activities in the County include:
Outdoor Activities (Skiing, Hiking, etc.)
- Lake Wylie
- Lake Norman
- Latta Plantation Nature Preserve
- U.S. National Whitewater Center
- Freedom Park
- Mountain Island Lake
- UNC Charlotte Botanical Gardens
- Carolina Thread Trail
- Ramsey Creek Park
- McDowell Nature Preserve
- Little Sugar Creek Greenway
- Jetton Park
- Sherman Branch Nature Preserve
- Reedy Creek Park
- Charlotte Rail Trail
- North Mecklenburg Park
Museums, Zoos, Parks, and Arts
- Bechtler Museum of Modern Art
- Carolinas Aviation Museum
- Charlotte Museum of History
- Charlotte Nature Museum
- Harvey B. Gantt Center for African American Arts and Culture
- Levine Museum of the New South
- McColl Center for Visual Art
- Mint Museum
- Morrison YMCA Amphitheater
- North Carolina Blumenthal Performing Arts Center
- Theatre Charlotte
- Uptown Amphitheatre at N.C. Music Factory
- PNC Music Pavilion
- Discovery Place
- South Hill Model Train Museum
- EnergyExplorium at McGuire Nuclear Station
- NASCAR Hall of Fame
- Charlotte Hornets
- Carolina Panthers
- Charlotte Hounds (professional lacrosse)
- Charlotte Knights (minor league baseball)
- Charlotte Motor Speedway
- Charlotte Premium Outlets
- South Park Mall
- Carolina Place Mall
- Northlake Mall
- Carowinds Amusement Park
- Great Wolf Lodge (hotel and indoor waterpark)
- Ray’s Splash Planet
Government and Historic Sites
- President James K. Polk Historic Site
- Historic Rural Hill
- Hezekiah Alexander House
- Matthews Heritage Museum
- Historic Grace AME Zion Church
Hospitals in Mecklenburg County
- Novant Health Presbyterian Medical Center
- Atrium Health Carolinas Medical Center
- Atrium Health University City
- Atrium Health Mercy
- Novant Health Medical Center
Universities and Colleges
- The University of North Carolina at Charlotte
- Pfeiffer University-Charlotte
- Queens University of Charlotte
- Northeastern University-Charlotte
- Southeastern College-Charlotte
- Chamberlain University College of Nursing
- Wake Forest University
Check out these other cities and counties in North Carolina