Plaza Midwood Market Update:

What’s Really Happening in Charlotte’s Most Sought-After Neighborhood

A Premium Market Holding Its Own

If you’ve been watching the Plaza Midwood real estate market, you’ve likely noticed that prices remain solidly in the upper tier of Charlotte’s housing landscape. As of fall 2025, the median sale price sits around $1 million, reflecting an 11% year-over-year increase.

By comparison, Charlotte’s overall median sale price is closer to $415,000—meaning Plaza Midwood homes continue to command more than twice the citywide average.

Recent data from Redfin and Zillow shows average home values between $797,000 and $825,000, with price-per-square-foot hovering near $430–$460 / sq ft. That consistency in pricing, even amid fewer total sales, confirms Plaza Midwood’s reputation as one of Charlotte’s most desirable neighborhoods.

What the Numbers Mean for Buyers and Sellers

For Sellers

Your home sits in a premium market segment where pricing confidence remains high. While the average time on market has lengthened—typically 54 to 74 days—qualified buyers are still showing up for homes that combine updates, design appeal, and walkable locations.

For Buyers

If you’re shopping in Plaza Midwood, expect a competitive but more balanced environment. The pace has eased slightly from last year’s frenzy, giving you more breathing room to evaluate options. Yet the neighborhood’s strong brand and charm ensure long-term stability and value retention.

Signs of a Cooling—but Still Competitive—Market

• Fewer homes sold year-over-year (23 vs 36) suggest a cooling phase.

• Longer days on market indicate a shift toward balance rather than decline.

• Steady price-per-square-foot levels point to continued buyer demand.

These shifts open doors for both sides: sellers can capitalize on equity built during the boom, and buyers can enter with stronger negotiating power.

If you want to stay on top of how these numbers change month-to-month, join our Plaza Midwood Market Update list. You’ll get free, neighborhood-specific insights—delivered straight to your inbox—so you can track prices, sales, and trends before anyone else.

What to Watch Next

Keep your eye on:

• New listings between $800K – $1.2 M, which drive neighborhood comps

• Interest-rate changes, as they have amplified effects at luxury price points

• Upcoming developments, such as retail and infrastructure projects that can influence long-term equity

Plaza Midwood remains a case study in resilient demand and neighborhood character, even as the broader market recalibrates.

Final Takeaway

Plaza Midwood continues to define the Charlotte housing experience—premium, unique, and in demand. Though activity has slowed slightly, the fundamentals remain strong.

Whether you’re exploring a sale, purchase, or investment, sign up for our Plaza Midwood Market Updates to stay informed and ahead of the curve on the latest neighborhood trends.

Team Horton Realty
Serving Plaza Midwood & Greater Charlotte