Charlotte vs. Waxhaw Real Estate Market Update – September 2025
How Millbridge Continues to Outperform the Market
The Charlotte housing market remains one of the most talked-about in the Southeast — but the latest September 2025 numbers show a more balanced story. Across the metro, trends are shifting, with pockets like Waxhaw and Millbridge seeing very different results from the citywide averages.
Below, we’ll break down what’s happening in Charlotte, Waxhaw, and specifically Millbridge, and what it means if you’re thinking about buying or selling a home in the coming months.
🏙 Charlotte Market Overview – September 2025
Charlotte continues to show steady, sustainable growth across most price points.
Key Highlights:
Median sales price: $423,000 (+3.2% year-over-year)
Average sales price: $557,035 (-1.5% YOY but +2.4% year-to-date)
Pending sales: +9.5% from last September
Closed sales: +1.6% year-over-year
Inventory: Up 21.9%, with 3 months’ supply — giving buyers more breathing room
Days on market: Up to 46 (+28%), meaning homes are taking longer to sell
Overall, Charlotte is stabilizing after years of rapid appreciation. Buyers have more options, and sellers are adjusting expectations — but the market remains strong by historical standards. The uptick in inventory means opportunities are opening up, especially for those looking to move within the metro area.
🏡 Waxhaw Market Snapshot – September 2025
Just south of the city, Waxhaw continues to thrive as one of the Charlotte area’s most desirable suburbs. The data shows both impressive growth and a slight cooling in pace.
Waxhaw by the numbers:
Median price: $700,000 (+9.7% YOY)
Average price: $883,837 (+30.5% YOY)
Closed sales: +32.1% year-over-year
Inventory: +24.7% (now 3.2 months’ supply)
Days on market: 64 days (+18.5%)
Percent of list price received: 94.4% (down from 98.5%)
Prices are still climbing, but homes are taking longer to sell and buyers are negotiating more aggressively. The story here is balance — Waxhaw’s higher price points and strong demand are keeping the market healthy, even as conditions normalize.
For move-up buyers and families looking for more space, Waxhaw continues to offer exceptional value compared to Charlotte’s urban core, with newer construction, excellent schools, and a community-focused lifestyle.
🌟 Millbridge: Waxhaw’s Standout Neighborhood
Within Waxhaw, Millbridge is setting its own pace — and outperforming the broader market.
September 2025 Millbridge Stats:
Average sale price: $666,000
Median sale price: $685,000
List-to-sale ratio: 100% — homes are still selling at or above asking
Average days on market: 20 days (vs. 64 for Waxhaw overall)
Active listings: $570K–$765K range, averaging $207/sq ft
While Waxhaw as a whole has seen homes sit longer and negotiate below asking, Millbridge properties continue to move quickly and close strong. With demand driven by newer homes, resort-style amenities, and top-rated schools, this community remains a go-to destination for move-up buyers.
Even in a market where buyers have more leverage, Millbridge listings are performing roughly three times faster than the Waxhaw average — and significantly better than citywide Charlotte metrics.
🔍 What This Means for Buyers and Sellers
Whether you’re in Charlotte, Waxhaw, or Millbridge, one thing is clear: this is a strategic market.
Sellers: Pricing and presentation matter more than ever. Homes positioned correctly are still selling at or above asking, especially in sought-after neighborhoods like Millbridge.
Buyers: You finally have more options, but competition hasn’t disappeared. In premium communities, well-priced homes still move quickly — so having an agent who knows how to act fast is key.
💬 Why Experience Matters
In markets like these, the averages only tell part of the story. Every neighborhood — even every street — can perform differently.
That’s why working with a skilled, experienced local agent matters.
Our team has consistently beaten city and neighborhood averages, helping sellers secure stronger offers and buyers win competitive deals in Waxhaw, Millbridge, and across Greater Charlotte.
📲 Ready to See What Your Home Is Worth?
Curious how your home compares to today’s market?
Request a personalized home value report or schedule a quick call to review your options.
Chelsea Weisensel | REALTOR®, KW Ballantyne
(630) 605-5594 (call/text)
cweisensel@kw.com