Charlotte, TN housing market
The typical Charlotte home is worth about $343,000, up 4% in a year, close to the Tennessee typical home.
Home values, sales, trends and how Charlotte compares with the towns next door — updated as new data is published.
Charlotte at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Charlotte | Tennessee |
|---|---|---|
| 2017 | $165,000 | $174,000 |
| 2018 | $176,000 | $187,000 |
| 2019 | $189,000 | $198,000 |
| 2020 | $214,000 | $215,000 |
| 2021 | $242,000 | $238,000 |
| 2022 | $291,000 | $287,000 |
| 2023 | $304,000 | $313,000 |
| 2024 | $320,000 | $326,000 |
| 2025 | $334,000 | $334,000 |
| 2026 | $338,000 | $333,000 |
| August 2026 | $343,000 | $334,000 |
No new homes permitted in 2019
No permits for new homes were issued in Charlotte in 2019. The last year with any was 2011 (1 new home).
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Charlotte gained 421 residents while 2 new homes were permitted: about 211 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Tennessee: 2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 1 | 1 | 0 | $160,000 |
| 2010 | 1 | 1 | 0 | $180,000 |
| 2009 | 3 | 3 | 0 | $308,000 |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 1 | 1 | 0 | $115,000 |
Charlotte's permit office didn't report to the Census in 2019, so the 2019 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
5.8 years of income
The typical Charlotte home costs about 5.8 years of the town's median household income, more than across Tennessee (4.8 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,320
HUD's Fair Market Rent for a two-bedroom in Charlotte is $1,320 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Charlotte pay a median of $878, so moving in tends to cost more than staying put. A two-bedroom takes about 27% of the town's median household income.
Studio $1,150 · 4 bedrooms $2,020
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (37036; Nashville-Davidson--Murfreesboro--Franklin, TN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Charlotte
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.