Waxhaw Real Estate Market Update – February 2026

Millbridge | Waxhaw | Charlotte Housing Market

As the #1 agents in Millbridge, we closely track what’s happening in the neighborhood as well as the broader Waxhaw and Charlotte markets. February’s numbers give us a good snapshot of how the market is evolving this year.

Overall, inventory is rising slightly, buyers have more options, and home prices continue to show strong growth—especially in Waxhaw.

Waxhaw Real Estate Market – February 2026

The Waxhaw housing market remains strong, with home values continuing to rise even as more homes hit the market.

Key February stats for Waxhaw:

94 new listings (+9.3% year over year)
63 homes went under contract
49 homes closed
Median home price: $690,000 (+13.7%)
Average sales price: $822,504 (up 8.0% year over year)
Average days on market: 80 days
Inventory: 207 homes for sale
Months supply: 2.7 months

The biggest takeaway for Waxhaw homeowners is that prices continue to rise, even as inventory increases. Buyers are still active, but they have more choices than they did last year, which means pricing and presentation matter more than ever.

Waxhaw vs Charlotte Housing Market

When we compare Waxhaw to the City of Charlotte, the differences become clear.

Charlotte’s February numbers looked like this:

1,428 new listings (+11.3%)
1,020 pending sales
756 homes closed
Median home price: $420,000 (+2.3%)
Average sales price: $541,397 (up 1.9% year over year)
Months supply: 2.6 months

While both markets are seeing price appreciation, Waxhaw’s average home price rose four times faster than Charlotte’s this year (8.0% vs 1.9%).

That continued growth reflects strong demand for suburban communities with newer homes, larger lots, and amenities—exactly what areas like Waxhaw and Millbridge offer.

Millbridge Real Estate Market Update

Now let’s zoom in on Millbridge, one of the most popular neighborhoods in Waxhaw.

Current neighborhood activity shows:

22 active homes on the market
1 home went under contract in February at $700,000
Current price range: approximately $459,999 – $749,999
Average list price: about $651,000

Millbridge continues to sit right in the heart of the Waxhaw move-up buyer market. Buyers are still very interested in the neighborhood, but with more homes available across Waxhaw, pricing strategy and preparation are more important than they were during the peak market years.

Homes that are positioned correctly are still attracting attention and selling.