Will The Charlotte Housing Market Crash In 2024?

Charlotte, North Carolina, is one of the hottest spots in the United States. From 1990 to 2000, its population grew by 36.6%: From 395,934 people to 540,828. From 2000 to 2010, it surged by another 35.2%: From 540,828 to 731,424 people. And though less but still impressive, from 2010 to 2020, Charlotte’s population grew by almost one-fifth, from 731,424 people to 874,579.

All this growth has not coincidentally led to a major surge in housing market activity in Charlotte. The city was already bubbling before the pandemic-induced frenzy of homebuying activity in 2021 and 2022. Read on to find out key trends developing in the Charlotte housing market in 2023 and how likely a housing market crash could be.