📈 Waxhaw, NC Real Estate Market Update – June 2025 Trends & Insights (28173 Zip Code)
If you’re planning to buy or sell a home in Waxhaw, NC, staying on top of the latest housing market trends is essential. The 28173 zip code, known for its beautiful neighborhoods. desirable location and top schools, continues to attract both buyers and sellers—but shifting prices and inventory levels are shaping the market in new ways. Here’s an in-depth look at Waxhaw’s real estate trends for June 2025 to help you make informed decisions.
WAXHAW REAL ESTATE JUNE 2025 HIGHLIGHTS
🏠 Average & Median Sales Prices in Waxhaw
The median sales price for homes in Waxhaw in June 2025 was $761,500, showing a 3.24% decrease from the previous month’s $787,000 and a 4.69% drop compared to $799,000 in June 2024.
The average sales price came in at $871,831, down 9.12% month-over-month from $959,367 and 1.76% lower year-over-year than $887,426. This is the lowest average sale price for June in the past three years, suggesting more competitive pricing opportunities for buyers. However, it should also be noted that some of the decline is due to the price mix of homes sold in June 2025 versus one month ago.
The average price per square foot held steady at $254, slightly lower than last month’s $258 but unchanged from June 2024.
💰List-to-Sale Price Ratio
The list-to-sale price ratio remained strong at 99.05%, matching May 2025 but slightly down from 100.34% in June 2024. This means most sellers are still receiving offers very close to their asking price—a positive sign for home prices in Waxhaw.
📊 Number of Properties Sold
In good news for sellers, Waxhaw saw a surge in sales activity last month. 123 homes sold in June 2025, which is 29.47% more than the 95 homes sold in May and 14.95% higher than June 2024’s total of 107. This marks the highest number of sales for any June in the past three years.
⏳ Average Days on Market (DOM)
Homes sold faster in June, with the average days on market dropping to 23 days, a significant 32.35% decrease from May’s 34 days and just slightly higher than 22 days in June 2024. This is the second-lowest DOM recorded so far in 2025, reflecting strong buyer demand.
🏘️ Inventory & Months Supply of Inventory (MSI)
Inventory levels rose year-over-year, with 531 homes for sale in June 2025—unchanged from the previous month, but 26.43% higher than June 2024’s 420 homes.
The months supply of inventory (MSI) also increased to 4.32 months, the highest level for June in the last three years. A higher MSI can offer buyers more choices and negotiating power, but sellers in Waxhaw still benefit from the overall healthy demand. Nonetheless, at 4.23 months of inventory, Waxhaw remains a balanced market.
📝 New Listings
New listings took a dip last month. There were 114 new listings in June 2025, down 39.04% from May’s 187 and 8.06% lower than the 124 new listings in June 2024. This is the lowest number of new listings for any June in recent years—meaning competition could stay steady for well-priced homes.
✅ Key Takeaway: What This Means for Waxhaw Home Buyers & Sellers
The Waxhaw real estate market remains active and competitive despite slight price declines. Buyers may benefit from increased inventory and more time to find the right home, while sellers continue to enjoy strong sales activity and high list-to-sale price ratios.
If you’re thinking about buying or selling in the Waxhaw, NC area, staying up-to-date on local trends is essential. Connecting with an experienced Waxhaw real estate agent is vital to navigate this evolving market with confidence!
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... Weddington is ranked the 3rd best suburb to live in the Greater Charlotte area and the #1 best place to live in Union County?
... Marvin is ranked the 4th best suburb to live in the Greater Charlotte area and the #2 best best place to live in Union County?
... Waxhaw is ranked the 10th best suburb to live in the Greater Charlotte area and the 3rd best place to live in Union County?
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This Charlotte, North Carolina real estate monthly update for Waxhaw is provided by Nina Hollander, Coldwell Banker Realty, Greater Charlotte residential real expert and Waxhaw/Weddington/Marvin area specialist. I've been opening doors for Waxhaw area home buyers and sellers since 1999.
If you're considering selling or purchasing a home in the Waxhaw area or anywhere in the Charlotte metro area, I'd love an opportunity to earn your business, to exceed your expectations, and to show you why experience matters and how:
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