The real estate market is dynamic, and as a real estate professional, I believe staying informed about key metrics is essential for helping clients make smart decisions. Whether you’re a homebuyer, a seller, or an investor, knowing how to leverage housing trends can offer you a major advantage. Today, we’re taking a closer look at the real estate market in Matthews, North Carolina, one of the most vibrant suburbs of Charlotte.
The Matthews Real Estate Market
With a population of over 30,000 residents, the town of Matthews is an attractive place for homebuyers looking for a blend of suburban charm and convenient city access. Located in Mecklenburg County, Matthews offers easy access to Charlotte’s bustling economy while providing a peaceful retreat from the urban hustle and bustle.
Over the past decade, Matthews has seen significant growth in both population and housing prices. According to recent data from Zillow, the median home value in Matthews has increased by nearly 40% since 2010, with an average appreciation rate of around 4% per year. This upward trend makes investing in real estate in Matthews a promising opportunity for buyers and sellers alike.
Factors Driving the Market
The rapid growth in the Matthews real estate market can be attributed to a combination of factors, including its strong job market, high-quality school system, and desirable location. Matthews is home to numerous corporate headquarters and has a diverse range of employment opportunities, making it an ideal place for young professionals and families to settle down.
Additionally, the town’s highly-rated schools attract families looking to provide their children with quality education. In fact, Matthews has some of the best public schools in North Carolina, with several receiving recognition from national publications such as US News & World Report.
I’ll walk you through key data like Months Supply of Inventory, Median Home Prices, and more, while offering insights into what these numbers mean for you. Stick around to the end for tailored advice on navigating these trends, whether you’re planning to buy, sell, or invest.
The Matthews Housing Market at a Glance
Before we dive into the numbers, it’s worth noting that Matthews, NC, is a highly desirable suburb of Charlotte. With its charming small-town vibe, excellent schools, and a growing mix of retail and residential developments, Matthews is considered one of the best Charlotte suburbs to call home. Here’s what the data tells us about the current real estate market in Matthews:
- Months Supply of Inventory: 1.34 months – This points to a seller’s market, as demand is far outpacing supply.
- 12-Month Change in Months of Inventory: +47.25% – Inventory is increasing, which could mean a more balanced market is on the horizon.
- Median Sold Price: $535,000 – This figure reflects both property values and market demand.
- Median Days on Market: 27 days – Homes are selling quickly, indicating strong buyer motivation.
- Sold to List Price Ratio: 98.3% – Most homes are selling very close to their listing price, a hallmark of a competitive market.
Now, let’s break these insights down by audience—buyers, sellers, and investors—and provide actionable takeaways.
What This Means for Buyers
If you’re planning to buy a home in Matthews, you’ll need to act fast. With only 1.34 months of inventory and homes spending an average of 27 days on the market, competition is fierce. Buyers may also face challenges due to higher interest rates as the Federal Reserve continues to prioritize inflation control. Here’s how to position yourself to succeed:
- Understand Fair Market Value Prices: The median sold price of $535,000 gives you a realistic idea of what to expect, but keep in mind key factors like location and home size.
- Be Prepared to Make Competitive Offers: With homes selling at 98.3% of their list price, you’ll need to put your best foot forward to stand out.
- Download Our Free Home Buyer Guide: If you’re new to the process or just want expert tips, my free guide will walk you through everything from calculating property values to managing terms of use.
What This Means for Sellers
With demand still outpacing supply, it’s a favorable time to sell in Matthews. You have the leverage to set strong list prices and potentially generate multiple offers. However, the recent +47.25% increase in inventory means this seller’s market could begin balancing, so timing is everything. Here’s how to make the most of your opportunity:
- Price Strategically: Highlight your home’s unique features and compare your potential sale to the median sale price or average sale price of nearby properties. I can help ensure your price attracts interest while reflecting the highest level of your home’s value.
- Market Effectively: Leveraging digital channels like social media or listings on websites such as Marketbeat Media can help maximize exposure.
- Request My Free Home Seller Guide: This resource includes tips for optimizing your home’s appeal and navigating buyer negotiations.
What This Means for Investors
Matthews offers solid opportunities for real estate investors. Emerging markets in the Charlotte metro area continue to show sustained growth in both property values and rental demand. Vacancy rates in Matthews remain low, and with the median list price rising (+10.8%), there’s plenty of potential for appreciation. Consider the following:
- Focus on Rental Income: With a median $/Sqft of $234, Matthews properties provide a good balance of affordability and the potential for strong returns.
- Monitor Long-Term Developments: Matthews benefits from proximity to Charlotte, where job growth and GDP growth are higher than the national average. This contributes to the area’s long-term appeal.
- Minimize Risks: While the market is favorable, always account for risks like market illiquidity, possible loss, and political instability when making your investment decision.
Why Matthews Stands Out
What makes Matthews an ideal location for buyers, sellers, and investors alike? Here’s a snapshot of its major strengths:
- Location: Just a short drive from Charlotte’s city center, Matthews offers the perfect blend of suburban serenity and urban convenience.
- Amenities and Schools: Offering top-rated schools and plenty of amenities, Matthews is a family-friendly area with wide appeal.
- Community Charm: From events in downtown Matthews to the Matthews Community Farmers’ Market, the town’s rich sense of community sets it apart from larger companies and larger suburban markets.
- Strong Market Trends: Matthews’ real estate market continues to show resilience with steady gains in property value, median home sale price, and overall demand.
- Affordability: With a lower cost of living than Charlotte and most major cities in North Carolina, Matthews is an attractive option for those looking to buy or invest.
- Strong Real Estate Market: As mentioned, Matthews boasts a thriving real estate market with sustained growth and low vacancy rates, making it a solid choice for investors.
- Community Atmosphere: Matthews has a strong sense of community and hosts several annual events, including festivals, concerts, and farmer’s markets.
In conclusion, whether you are buying or selling a home in Matthews or looking to invest in the area’s real estate market, this charming town offers plenty of opportunities for success.
How I Can Help You Navigate Matthews Real Estate
Whether you’re buying, selling, transferring equity, or investing in residential real estate, I’m here to make the process seamless. With a complete range of brokerage services tailored to the unique needs of young professionals, families, and seasoned investors, I pride myself on delivering personalized guidance.
From analyzing market data to determining key developments to connect you with your dream home in Matthews or Charlotte’s best suburb, my approach ensures clarity and confidence through every step of the process.
Final Takeaway
The real estate market in Matthews, NC, is ripe with opportunities, but navigating its fast pace and competitive conditions requires expertise. By understanding critical metrics like inventory, home prices, and buyer demand, you can make smarter, more strategic moves—whether you’re planning to buy, sell, or invest.
If you’d like to learn more, schedule your consultation today. With my in-depth market knowledge and commitment to personalized service, I’ll help you achieve your real estate goals every step of the way.
Get Started Now! Contact Melissa Trinkl, NC & AZ REALTOR®