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Charlotte And Another North Carolina City Named Hottest Housing Market In The US For 2023

Author Melanie Day

This is not the news I wanted to hear. With my apartment lease running out in a few months and rent increasing astronomically across Charlotte (along with the overall cost of living, but not my salary), I am looking to purchase a home this year. Zillow just released their list of the Hottest Housing Markets for 2023. And the Charlotte and another North Carolina housing market are right there in the top 5 for 2023. That’s right both Charlotte and Raleigh are still seeing exponential growth in home buying. Wonderful. At this rate maybe I can afford a shed? Zillow was that this is list includes the hot markets, where home values are expected to appreciate at a faster rate than the rest of the nation. The Top 10 are:

  1. Tampa
  2. Jacksonville
  3. Raleigh
  4. San Antonio
  5. Charlotte
  6. Nashville
  7. Atlanta
  8. Phoenix
  9. Orlando
  10. Austin

“Home buyers are attracted to markets in the Sun Belt that offer relative affordability, thriving economies, and year-round outdoor living,” said Zillow economist Alexandra Lee. “Across the board, sellers will remain in the driver’s seat, but especially so in the hottest markets. Buyers should be ready for strong competition for homes, which means bidding wars and homes flying off the market only days after they are listed.”

Well, if you need me I’ll be drowning my sorrows in a bottle of two-buck chuck. It’s good news overall for the cities of Charlotte and Raleigh and the state of North Carolina that the housing market is thriving in 2023. And if you are looking to sell, and don’t need to purchase you’re in luck. If you’re like me and looking to buy? Expect to continue to pay top dollar in the region.

Methodology Used By Zillow

Zillow analyzed the 50 largest U.S. metro areas to forecast the hottest, or most competitive, housing markets of 2022. The analysis incorporates expected home value appreciation from November 2021 to November 2022, the anticipated change in home value appreciation from 2021, the flow of for-sale inventory, an estimate of the net new number of home-owning households based on current demographic trends and new jobs per new housing unit permitted. 

The 10 Most Expensive Homes On The Market In Charlotte Nov. 2022

A few months ago, we did a story on the most expensive homes on the market in Charlotte, and since then there’s been a lot of change in the listings! You loved that list, so we thought it was time to give the list a refresh and show you what’s out there. Of course homes at these price ranges don’t sell quite as quickly as others might, but there are still a lot of new homes to see. From historic homes to lakefront living, they are worth the look. Even if you’re like me and could never dream of purchasing one. But it is like House Hunters. I want to see extravagant ones. Don’t waste my time on something I could actually afford! Plus, some of the homes that were on here before have changed prices.

There are 45+ homes currently listed above $3,000,000 in Charlotte. This list contains the 10 most expensive homes currently on the market in Charlotte, NC. We are looking at homes with four or more bedrooms, as many as 10.5 bathrooms, and backyards worthy of a resort fee. Most are full-blown mansions. One includes an elevator. With that being said, let’s take a look at the most expensive Charlotte homes currently on the market, as of November 14, 2022, below. All info is from Realtor.com.

  • 8371 Providence Rd, Charlotte, NC 28277

    8371 Providence Rd, Charlotte, NC 28277 | realtor.com®

    8371 Providence Rd, Charlotte, NC 28277 is pending. View 48 photos of this 5 bed, 11 bath, 12718 sqft. single family home with a list price of $7899000.

    This home is massive (which it should be for the price!). It’s listed at $7,899,000. In case you’re wondering that’s an estimated $46,600+ a month. A month. I can only begin to imagine! The home is12,718 square feet and located on a 5.41-acre lot. It has 8 bedrooms and 10.5 bathrooms. I’d hate to have to clean that! There is also a stunning pool, a six-car garage, a full-size basketball court, an outdoor kitchen, a putting green, and more. It’s absolutely stunning.

    The home is a Florida-style, Mediterranean estate located in the gated Greenwood neighborhood. It is also privately gated. The exterior is a neutral hard coat stucco. Inside the main level features white wash tile, a main office/study, a formal dining room, handmade limestone fireplaces, a saltwater wall aquarium, two guest bedrooms with en-suites, a gourmet kitchen, a private patio complete with a koi pond, and a pirate-themed game room. Additionally in the owners Suite with separate bathrooms. The baths are outfitted with a fireplace, a steam shower, a sauna, and 2 large custom closets second office/recording studio. If that’s not enough there is also a gym, private outdoor oasis, outdoor bathtub and shower, and waterfall. Upstairs you will find 4 private guest suites.

  • 1903 Queens Rd W, Charlotte, NC 28207

    1903 Queens Rd W, Charlotte, NC 28207 | realtor.com®

    View 47 photos for 1903 Queens Rd W, Charlotte, NC 28207, a 6 bed, 8 bath, 7,345 Sq. Ft. single family home built in 2017 that was last sold on 12/15/2022.

    With a Queens Road West address, it’s no surprise this home makes the list. Location, location, location and this tree-lined street in Myers Park is one of the most prestigious in Charlotte. This home is located on a .6 acre corner lot and is listed for $6,495,000. It has 6 bedrooms and 6.5 bathrooms for an estimated $37,000 + a month. The home is done with custom high-end finishes. It includes a chef’s kitchen that’s open to a fireside family room and gorgeous dining room. There’s also a large breakfast area. The primary suite is located on the first floor with a large, stunning, ensuite bathroom and massive walk-in closet complete with washer/dryer hookups. You’ll also find a study, bonus bar room, oh and a guest house. Outside is a covered porch, pool, built-in grill, fireplace, and retractable roof.

  • 9235 Sweetleaf Pl, Charlotte, NC 28278

    9235 Sweetleaf Pl, Charlotte, NC 28278 | realtor.com®

    9235 Sweetleaf Pl, Charlotte, NC 28278 is for sale. View 45 photos of this 7 bed, 11 bath, 17135 sqft. single family home with a list price of $6500000.

    If a private lake front home is what you’re looking for then this may be the home for you. It’s on Lake Wylie in the Steele Creek area and listed at a casual $6 million. But you’ll get a lot for your buck. The home is situated on 11.57 acres of gated, lakefront property and includes 2 boat docks. It’s 6 bedrooms and 8.5 bathrooms.  The main house is over 15,000 square feet and is 2.5 stories with a fully finished basement The living room is two stories and features a gorgeous window. On the owner’s wing, you’ll find an executive study, an exercise room with its own bathroom, and the primary bedroom with a sitting room and ensuite. The large open kitchen includes two islands and borders the great room, breakfast area, bar, and a screened porch. There is also an 8-car garage, outdoor pool, recreation area, entertainment bar, theatre & more! A short drive on the property leads you to a private waterfront guest house that is 1, 500 square feet.

  • 3722 Pelham Ln, Charlotte, NC 28211

    3722 Pelham Ln, Charlotte, NC 28211 | realtor.com®

    View detailed information about property 3722 Pelham Ln, Charlotte, NC 28211 including listing details, property photos, school and neighborhood data, and much more.

    $5,850,000 is what it will cost you to own this Foxcroft home. It’s a new build in a neighborhood with plenty of amenities. The 5 bedroom, 5.5 bath home is located on a large, flat, wooded lot! It features an open floorplan, with high-quality, beautiful finishes. The main level primary suite features a luxurious bath and a spacious walk-in closet. The gourmet kitchen includes double islands and high-quality appliances. A large sitting area is surrounded by windows and full of natural light. There is a formal dining area and great room featuring a wall of glass that opens to the covered veranda and expansive backyard. The main floor also features a scullery off of the kitchen, a drop zone, a study, a 2-story stair foyer, and rear stairs. Upstairs are 4 large bedrooms each with its own private bath and walk-in closet. There is also a spacious bonus-room over a 3-car garage.

  • 16460 Marvin Rd, Charlotte, NC 28277

    16460 Marvin Rd, Charlotte, NC 28277 | realtor.com®

    16460 Marvin Rd, Charlotte, NC 28277 is for sale. View 44 photos of this 5 bed, 9 bath, 11590 sqft. single family home with a list price of $4800000.

    This South Charlotte home is listed at $5,295,000. It’s 5 bedrooms and 7.5 baths in 11,590 square feet and is located on a 5-acre lot. High-end finishes include ironwork railings, marble flooring, and arched ceilings. A grand two-story open foyer welcomes visitors to the Mediterranean estate in the gated community of Evermay. The main floor offers formal spaces, a custom bar, and a large kitchen opening to the family room.  The primary suite is located on the main level and includes a fireplace and sitting area overlooking the private gardens. Additionally, there are four other bedrooms all with private baths. A bonus and exercise room are found on the second level. This home also offers an elevator and a massive outdoor living area including a large cabana, full kitchen, and outdoor pool & spa.

  • 500 Atherton St, Charlotte, NC 28203

    500 Atherton St, Charlotte, NC 28203 | realtor.com®

    View 23 photos for 500 Atherton St, Charlotte, NC 28203, a 5 bed, 5 bath, 4,253 Sq. Ft. single family home built in 2017 that was last sold on 12/28/2017.

    This home has a wonderful location in Dilworth just blocks from South Blvd and is listed at $5 million. For that price tag, you’ll get an 8,587 square-foot home with 8 bedrooms and 8.5 baths. It’s actually two homes 500 Atherton is the main house and 504 Atherton is the guest house. Inside the main house are 6 bedrooms, 5 full baths, and a whole house generator. The guest home is a  2 bed, 3 bath home. The selling feature is the professionally designed outdoor oasis connecting the two homes with a cabana, dining area, lounging areas, outdoor kitchen, waterfall infinity edge pool, a bathhouse, 2 covered back patios, 2 outdoor fireplaces, turf lawn, and natural grass.

  • 6501 Sardis Rd, Charlotte, NC 28270

    6501 Sardis Rd, Charlotte, NC 28270 | realtor.com®

    View detailed information about property 6501 Sardis Rd, Charlotte, NC 28270 including listing details, property photos, school and neighborhood data, and much more.

    At $4,950,000 this historic stone mansion features 5 bedrooms and 6.5 bathrooms on Sardis Rd. It sits on 6.4 acres. Walking through the grand entrance takes you into the limestone entry hall. There is a stunning stained glass window that sits in the middle of the dual staircase. The large master bedroom features a  fireplace with a custom mantel. This distinguished landmark house was designed by Louis Asbury, the famous architect, who also designed Charlotte’s courthouses.

  • 8402 Fairview Rd, Charlotte, NC 28226

    8402 Fairview Rd, Charlotte, NC 28226 | realtor.com®

    View 41 photos for 8402 Fairview Rd, Charlotte, NC 28226, a 6 bed, 8 bath, 9,006 Sq. Ft. single family home built in 2007 that was last sold on 02/23/2006.

    This 6 bedroom 5.5 bath home is listed at $4,799,000. It is 8,119 square feet and sits on a 2-acre lot in the heart of South Park. This home features ceilings & custom windows, a large entertainer’s buffet-style island with custom cabinetry, quartzite countertops, and beaming hardwood floors. The interior has exposed brick walls with a built-in wood-burning pizza oven and fireplace in the living area. A concrete bar opens up to the billiard room and sunken living room. It features a Resort-Style backyard oasis with a dramatic pavilion inclusive of dining/grilling, an oversized seating area, and an infinity pool w built-in seating as well as a guest cottage with full-service amenities, putting green, and Tennis and Basketball courts.

  • 1446 Queens Rd W, Charlotte, NC 28207

    1446 Queens Rd W, Charlotte, NC 28207 | realtor.com®

    1446 Queens Rd W, Charlotte, NC 28207 is for sale. View 65 photos of this 6 bed, 5 bath, 5455 sqft. single family home with a list price of $4250000.

    I’ve driven past this home so many times. Another one on the iconic Queens Rd West this home is 6 bedrooms and 4.5 baths. The newly renovated interior includes a 98-bottle glass-enclosed wine wall, custom cabinetry and countertops, white oak hardwood floors, Italian and Spanish tile, four gas fireplaces, custom closets, a large master suite with a sitting room, spa-like master bath, and a must-see closet. Other features are a  soundproof home office, media room, sunroom, covered patio with gas fireplace, built-in heaters, stained wood ceiling, and white slate tile. The private backyard includes a gas fire pit, 3 car climate-controlled garage, a guest apartment with a full bath, a new driveway, modern landscaping and lighting, irrigation, an underground drainage system, and a blue stone front porch.

  • 8600 Fairview Rd, Charlotte, NC 28226

    8600 Fairview Rd, Charlotte, NC 28226 | realtor.com®

    View 48 photos for 8600 Fairview Rd, Charlotte, NC 28226, a 6 bed, 8 bath, 6,784 Sq. Ft. single family home built in 2004 that was last sold on 06/29/2012.

    Have $4,275,000 to spend? Then you can purchase this South Park area 6,784 square foot 6 bedroom and 6.5 bath home. The grand mahogany doors to a stunning great room showcasing a 2-story fireplace. There is a study, dining room with a built-in butler pantry, primary suite complete with a fireplace & sitting area, and screened porch. Upstairs are 2 large bedrooms with ensuite baths and 2 more bedrooms that share a jack-and-jill bath. There is also a full 1 bedroom 1.5 bathroom apt over a 4 car garage. The apartment includes a full kitchen, living & office space, bedroom with an ensuite bath & 1/2 bath. 

Melanie Day is a graduate of North Carolina State University. She has worked for Beasley since 2012 in a variety of behind-the-scenes roles in both digital and promotions. Melanie writes about a diverse range of topics some of her favorites include travel, restaurants, Taylor Swift, and college athletics. When not at work you'll find her at a country concert or NC State sporting event.

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