The typical home value in
First Ward
is projected to be
$320,500
for the month of
August.
July’s
finalized data reported the typical value of a home in the
neighborhood
to be
$330,000—down
1.49%
over the previous 12 months.
For comparison,
city-level
data pegged home values at
$435,000
in
Charlotte
for the most recent reporting period.
That number is expected to float around
$435,000
in
August.
First Ward
had
15
active listings in
July,
including
13
new listings. Overall, active listings were
up
50.0%
from the previous month.
The median listing price for homes in
First Ward
grew
3.65%
from
June
to
July,
bringing the current median listing price to
$440,000.
Based on projected data for
August,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
fell
year-over-year. In
July 2025,
the median time for a listed property to go pending was
60
days, compared to
75
days in
July 2024.
In recent months the median number of days from listed to pending appears to be steady.
That trend is predicted to have carried through to this
August.