February 2025 Mint Hill, NC Housing Market Report:
Prices, Sales, Inventory Trends
In February 2025, Mint Hill's real estate market remained relatively stable in terms of median and average home sale prices. However, the average sale price saw a year-over-year decline, likely due to the mix of homes sold rather than a drop in home values.
The number of properties sold increased by 50% compared with the previous month, but fell by approximately 18.2% year-over-year.
Days on market rose by two days from the previous month and were 30 days higher than in February 2024.
New listings increased for the second consecutive month, rising to 35 from 26 in the prior month, although they remained 18.6% lower than one year ago. Housing inventory saw a slight month-over-month increase of 3.4% and was nearly 8% higher than in February one year ago.
The months supply of inventory declined from 6.5 months to 4.52 months, shifting Mint Hill back into a balanced market between buyers and sellers. Meanwhile, the list-to-sale price ratio remained just under 98%, giving buyers some room for negotiation.
Mint Hill Real Estate February 2025 Trends
SALE PRICES STEADY
Average sale price in Mint Hill February 2025 was $578,216, unchanged from one month ago. The February 2025 average sale price was 8.36% lower than $630,960 in February one year ago.
Median home sale price in Mint Hill February 2025 was $584,999, up 3.54% from $565,000 in the previous month of January. The median sale price was unchanged from February one year ago.
Price per square foot in February 2025 was $242, up 10% from $220 one month ago. Year-over-year, the average price per square foot was 8.04% higher than $224 in February one year ago.
DAYS ON MARKET
Average days on market in February 2025 were 72 days, up two days from one month ago. Days on market were up 71.43% from 42 days compared with February 2024. Compared with February 2023, average days on market in 2025 were 4 days lower.
MINT HILL HOUSING INVENTORY UP SLIGHTLY
After four consecutive months of declines in inventory, the number of properties for sale in Mint Hill in February 2025 increased slightly to 122, up 3.39% from 118 in the previous month of January. Inventory was 7.96% higher than the 113 properties for sale in February 2024. Compared with February 2023, housing inventory was lower in February 2025 by 18 properties.
The months supply of inventory declined to 4.52 months from 6.5 months moving Mint Hill back into a balanced market between home buyers and sellers.
NEW LISTINGS UP A 2ND CONSECUTIVE MONTH
The number of new listings in February 2025 was 35, up from 26 in the previous month of January. Compared with February 2024, new listings declined 18.6% from 43 one year ago. Compared with February 2023, new listings were higher by one.
MINT HILL SALES UP
Mint Hill sales in February 2025 increased 50% to 27 from 18 sales one month ago. Sales were 18.18% lower in February 2025 compared with February 2024, which saw 33 sales. Sales also declined from 37 in February 2023.
LIST TO SALE PRICE RATIO
With a selling price at 102.97% of list price in January 2025, the list to sale price ratio declined in February 2025 to 98.99%. The February 2025 list to sale price ratio was equal to that in February 2024.
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MEDIAN SALE PRICE TRENDS FOR MINT HILL REAL ESTATE
(12 Month Rolling Average)
The Town of Mint Hill has been ranked by Niche.com as the #21 best Charlotte area suburb to live in. Did you know that Mint Hill (not Charlotte) was Mecklenburg County’s first town, founded in 1750 by Scot-Irish pioneers? Learn more about the rich history of Mint Hill.
WELCOME TO MINT HILL: VIDEO
Discover Mint Hill, NC: One Of The Best Small Towns In North Carolina
Welcome to Mint Hill, a charming suburb situated just southeast of Charlotte, North Carolina. With its blend of small-town charm and modern conveniences, Mint Hill offers a tranquil escape while keeping you connected to the vibrant energy of the city.
Small-Town Atmosphere, Big-City Convenience
Mint Hill offers a welcoming atmosphere that feels like coming home. Picture tree-lined streets, friendly neighbors, and a strong sense of community spirit. Whether you're strolling through the historic downtown area or attending one of the many local events and festivals, you'll quickly feel a sense of belonging in this community. Along with its small-town charm, Mint Hill offers all the conveniences and amenities you could ask for. From top-rated schools and healthcare facilities to shopping centers and recreational opportunities, everything you need is right at your fingertips. And with Charlotte just a short drive away, you've got access to world-class dining, entertainment, and employment opportunities.
Natural Beauty and Outdoor Recreation
Nature enthusiasts will feel right at home in Mint Hill. It features lush parks, scenic trails, and picturesque lakes. Whether you enjoy hiking, biking, fishing, or simply taking in the sights and sounds of nature, there's no shortage of outdoor adventures to be had here. One of Mint Hill's crown jewels is the stunning Stevens Creek Nature Preserve, offering miles of trails through pristine woodlands and meadows. It's the perfect place to escape the hustle and bustle of everyday life and reconnect with the great outdoors.
Diverse Housing Options
Whatever your lifestyle or budget, Mint Hill real estate offers a wide range of housing options to suit your needs. From spacious single-family homes in family-friendly neighborhoods to low-maintenance townhomes and condominiums, there's something for everyone here. Whether you're a first-time buyer, empty-nester, or growing family, you're sure to find the perfect place to call your own in Mint Hill.
MINT HILL MAP/BOUNDARIES
Contact Nina Hollander with Coldwell Banker Realty if you'd like more information about the buying or selling a home in Mint Hill. (or in any Greater Charlotte neighborhood, for that matter). I've been opening doors for Mint Hill and Greater Charlotte home buyers and sellers since 1999.
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Read the original post on Mint Hill's real estate market in February 2025 at www.GreatHomesInCharlotte.com
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