Charlotte’s fix-and-flip market stayed strong in May, with median home prices hovering around $427,000 and projected to reach $430,000–$440,000 by year-end. Inventory remains tight in the $300K–$500K range, driving demand for well-renovated homes. While over 22,000 new units are in development, most are priced above entry-level, keeping value-add flips highly attractive. With solid job growth and buyer demand, disciplined investors continue to find strong opportunities in this competitive market.
In May 2025, the U.S. mortgage market remained relatively stable. The average 30-year fixed mortgage rate hovered around 6.58%, showing minimal movement from April. Economic indicators—such as steady inflation and cooling job growth—kept the Federal Reserve’s policy rate unchanged. Market sentiment continues to anticipate potential rate cuts later in the year. Fannie Mae maintains its forecast of a 6.4% average for 2025, with a possible drop to 6.1% in 2026. For investors and buyers, these conditions support cautious optimism, with borrowing costs still elevated but showing signs of softening.
