Housing Market Report for Providence Spring Elementary, Charlotte, NC

This housing market report uses absorption rates to track supply and demand for Providence Spring Elementary, Charlotte, NC. With 3 months of inventory across all segments, the market is currently balanced — supply and demand are roughly equal, giving buyers and sellers relatively equal negotiating leverage. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 16, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Dan Kaiser
Real Estate Agent

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Houses

Hottest Segment 🔥
$1m – $1.1m

Absorption rate of 0.8, with 1.2 months of inventory.

Coolest Segment ❄️
$1.3m – $1.4m

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$800k – $850k

7 active listings with 10 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 2.9 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
450k-475k 1 0.2 0 Seller's
475k-500k 1 0.2 0 Seller's
500k-550k 3 0.5 0 Seller's
550k-600k 1 0.2 0 Seller's
600k-650k 1 0
650k-700k 2 2 0.2 6 Balanced
700k-750k 1 4 0.7 1.5 Seller's
750k-800k 1 3 0.5 2 Seller's
800k-850k 7 10 0.2 4.2 Balanced
850k-900k 2 7 0.6 1.7 Seller's
900k-950k 4 4 0.2 6 Balanced
950k-1m 5 0.8 0 Seller's
1m-1.1m 1 5 0.8 1.2 Seller's
1.1m-1.2m 1 2 0.3 3 Balanced
1.2m-1.3m 2 0.3 0 Seller's
1.3m-1.4m 4 2 0.1 12 Buyer's
1.4m-1.5m 1 0.2 0 Seller's
1.5m-1.6m 3 0.5 0 Seller's
1.6m-1.7m 1 0
1.8m-1.9m 1 0.2 0 Seller's
1.9m-2m 1 2 0.3 3 Balanced
2m-2.25m 1 1 0.2 6 Balanced
2.5m-2.75m 2 0

Townhouses

Hottest Segment 🔥
$650k – $700k

Absorption rate of 0.

Coolest Segment ❄️
$375k – $400k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$375k – $400k

0 active listings with 1 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 3 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
375k-400k 1 0.2 0 Seller's
475k-500k 1 0.2 0 Seller's
650k-700k 1 0

Land

Hottest Segment 🔥
$600k – $650k

Absorption rate of 0.

Most Active
$600k – $650k

1 active listings with 0 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
600k-650k 1 0

Neighboring Cities

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