Charlotte nc homes for sale have increased by almost twenty percent every year, and the median price for Charlotte real estate is $190,000. Even though the prices for real estate Charlotte NC maintains seem expensive, relocating to charlotte nc area has become very popular. Mecklenburg County has grown, in terms of population, by thirty six percent in the last ten years. One should also take into account that many of the Charlotte NC homes for sale are on the water, as there are three major bodies of water in the Charlotte area. Because of this increased demand for Charlotte North Carolina real estate, there is a limited inventory available for realtors in charlotte nc.
The increased demand for Charlotte real estate is due to the prime real estate available, the draw of the city as a major financial center and a major center for the motorsports industry, and low interest rates for mortgages in the area. The population was estimated to be more than 750,000 in 2011, and it continues to grow!