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flag Charlotte’s luxury home prices rose 121% over ten years, driven by migration and demand.

flag Charlotte ranked 10th in the U.S. for luxury home price growth over the past decade, with top 5% homes rising 121% from $751,491 to nearly $1.7 million. flag Redfin’s analysis of 50 major metros found Sunbelt cities led, with West Palm Beach topping the list. flag In Charlotte, million-dollar sales surged from 379 in 2015 to 2,669 in 2025. flag The median home price rose 3.1% year-over-year to $415,000, and sales in the $600,000–$700,000 range grew nearly 20%. flag Myers Park saw a 38% sales increase, with average prices near $1.9 million. flag Charlotte ranked 12th nationally for annual price appreciation, fueled by population growth and in-migrants from high-cost states.

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