September 2025 Market Trends

Welcome to our latest rental market trends update, where we examine the current landscape for investment properties and rentals. As we provide the trends of the present month, we will also share comparisons with the same period in previous years. This market analysis focuses on Single Family Homes, Condos, and Townhomes in the dynamic Charlotte area. Whether you own rental properties or are considering entering the market, our analysis offers valuable insights into year-over-year trends.

In the ever-changing rental market, understanding shifts in demand, pricing, and property availability is crucial for property owners and managers. Join us as we break down the data to offer insights into the rental market’s current state, providing essential context for those managing or investing in rental properties. Whether you’re focused on growing your portfolio, optimizing returns, or staying informed, we hope this overview proves valuable.

Median Days on Market

In the Charlotte area, homes are taking longer to sell—rising from just 4 days in early 2022 to 22 days as of September 2025. For renters, this creates an environment where landlords and investors may be more flexible, opening the door to better lease terms and more choices. For landlords, while longer market times mean more competition, it also signals a cooling period that can attract long-term tenants who value stability and may be less likely to move frequently in a slower market. This shift can be an opportunity to secure reliable tenants and build stronger rental relationships.

Months Supply of Homes

In the Charlotte area, months supply of homes for sale has steadily increased from under 1.0 in early 2022 to 2.9 by September 2025. For renters, this means greater housing availability can reduce upward pressure on rents, creating more options and negotiating room when choosing a place to live. For landlords and investors, the growing supply signals a more balanced market where well-maintained and competitively priced rental properties will stand out. This shift can help attract quality tenants who now have more choices but also value long-term stability, offering landlords the opportunity to strengthen tenant relationships and occupancy rates.

Homes for Sale

The number of homes for sale in the Charlotte area has nearly tripled from just over 3,000 in early 2022 to more than 8,100 by September 2025. For renters, this steady rise in available housing offers more choices and could help ease competition in both the rental and purchase markets, making it easier to find a home that fits budget and lifestyle needs. For landlords, the increase in housing supply encourages a more competitive environment—pushing property owners to highlight strong amenities, fair pricing, and quality management. While competition may be rising, this also creates opportunities to attract long-term tenants who value stability, especially as renters weigh their expanding options.

Sales Price

Median sales prices in the Charlotte area have shown steady long-term growth, rising from around $340,000 in early 2022 to $410,000 by September 2025. While there were periods of plateau and slight dips through late 2023, prices regained momentum in 2024 and into 2025, reflecting confidence in the local housing market. For landlords, this sustained appreciation means property values are holding strong, providing solid equity growth and long-term investment security. For renters, slower price increases compared to the sharp spikes of previous years may create a more predictable environment, giving those considering a future purchase more time to plan while keeping the rental market active.

Summary

The Charlotte area housing market is showing signs of balance after years of rapid shifts. Median days on market have lengthened to 22 days in September 2025, up from just 4 days in early 2022. This gives renters and buyers more breathing room in their housing search, while landlords benefit from a pool of more deliberate, longer-term tenants. At the same time, months supply of homes has grown to 2.9, indicating more availability without tipping into oversupply, which supports market stability.

The number of homes for sale has steadily increased, reaching over 8,100 listings in September 2025, nearly triple early 2022 levels. This rising inventory creates more choice for renters exploring future homeownership and allows landlords to better assess competitive positioning for their properties. Meanwhile, median sales prices have risen from $340,000 in January 2022 to $410,000 in September 2025, showing steady appreciation without the extreme spikes of prior years. For landlords, this signals strong long-term equity growth, while renters benefit from a more predictable pricing trend that makes it easier to plan for a future purchase.

If you’re a property owner looking to maximize your rental potential, now is an ideal time to explore how professional property management can enhance your investment strategy. Reach out to learn more about how we can help you adapt to these evolving market conditions and make the most of your rental properties.