Metro area index
Home appreciation in the Charlotte-Concord-Gastonia, NC-SC metro area
FHFA HPI® data shows the Charlotte-Concord-Gastonia, NC-SC metro area's all-transactions index changed +1.4% over the year to Q2 2026, versus +2.4% for North Carolina and +3.0% for the U.S. That ranks 300th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +1.4%
- 5-year change
- +49.9%
- Since Q1 1995
- +312%
- Metro rank (1 year)
- 300th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Charlotte-Concord-Gastonia, NC-SC vs North Carolina and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Charlotte-Concord-Gastonia, NC-SC: 412.4
- North Carolina: 376.3
- United States: 391.6
Appreciation by time window
| Window | Metro | NC | U.S. | Gap vs NC | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +1.4% | +2.4% | +3.0% | −0.9 pts | −1.6 pts |
| 3 years | +11.2% | +12.3% | +12.9% | −1.1 pts | −1.6 pts |
| 5 years | +49.9% | +51.4% | +41.3% | −1.5 pts | +8.6 pts |
| 10 years | +124% | +113% | +93.3% | +10.9 pts | +30.9 pts |
| Since Q1 1995 | +312% | +276% | +292% | +36.1 pts | +20.9 pts |
3-digit ZIP regions in the Charlotte-Concord-Gastonia, NC-SC area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 282 · Charlotte, NC area | NC | +1.8% | +48.8% | +378% | 100% |
| 297 · Rock Hill, SC area | SC | +4.1% | +51.4% | +285% | 90% |
| 280 · Concord, NC area | NC | +1.7% | +51.0% | +278% | 83% |
| 281 · Salisbury, NC area | NC | +0.8% | +52.8% | +286% | 80% |
| 286 · Hickory, NC area | NC | +2.5% | +55.7% | +263% | 13% |
Boom, bust, and recovery in Charlotte-Concord-Gastonia, NC-SC area
Charlotte-Concord-Gastonia, NC-SC area's index peaked in Q2 2008, fell 15.7% to its low in Q2 2012, and regained its peak in Q1 2016, about 7.8 years after the top. Today it sits +130% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q2 2008 | Q2 2012 | -15.7% | Q1 2016 (7.8 yrs) | +130% |
| NC | Q1 2008 | Q2 2012 | -13.1% | Q4 2016 (8.8 yrs) | +109% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Charlotte-Concord-Gastonia, NC-SC area's index has changed +86.3% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | NC after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -2.3% | -1.4% | -0.8% |
| 3 years | +9.8% | +1.3% | +2.3% | +2.8% |
| 5 years | +24.0% | +20.9% | +22.1% | +13.9% |
| 10 years | +39.1% | +61.2% | +53.4% | +39.0% |
| Since Q1 1995 | +121% | +86.3% | +70.0% | +76.8% |
If you bought in the Charlotte-Concord-Gastonia, NC-SC area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +306% | $1,218,135 |
| Q2 2000 | +220% | $961,277 |
| Q2 2005 | +173% | $819,269 |
| Q2 2010 | +156% | $766,627 |
| Q2 2015 | +138% | $713,776 |
| Q2 2020 | +71.8% | $515,504 |
| Q2 2021 | +49.9% | $449,815 |
| Q2 2023 | +11.2% | $333,691 |
| Q2 2025 | +1.5% | $304,354 |
Frequently asked questions
- How much have home prices risen in the Charlotte-Concord-Gastonia, NC-SC area?
- FHFA HPI® data for the Charlotte-Concord-Gastonia, NC-SC metro area shows changes of +1.4% over one year, +49.9% over five years, and +124% over ten years to Q2 2026, and +312% since Q1 1995.
- Is the Charlotte-Concord-Gastonia, NC-SC area beating the national average?
- Over the past year the metro's index moved −1.6 pts versus the U.S.; over five years the gap is +8.6 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.