If you’re active in eastern Gaston County or western Mecklenburg County, maybe in Belmont, Mount Holly, Cramerton, or the neighborhoods bridging into Charlotte’s periphery, this post is for you. The housing market here is showing signs of moderation, but there are still opportunities, and cautions, for buyers, sellers, and agents operating locally.
Market Snapshot: Where Things Stand
Let’s begin with the latest data to ground our view. (Note: local MLS figures may vary; these are based on public sources and should be taken as directional.)
Geography | Median Sale Price* | YoY Change | Median Days on Market | Change in Days YOY |
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Belmont (all home types) | ~$527,500 | +6.6 % | ~65 days | Up about 21 days (vs ~44 days last year) |
Gaston County | ~$333,000 | +5.9 % | ~60 days | Up ~7 days |
Mecklenburg County (overall) | ~$460,000 | +4.5 % | ~55 days | Up ~14 days (vs ~41 days) |
ZIP 28012 (Belmont area) | ~$470,000 | +7.3 % | ~53 days | Up ~11 days (vs ~42 days) |
* “Sale price” reflects closed deals, not just list price.
What the Trends Tell Us
1. Price Growth Is Slowing, But Resilient in Key Pockets
While the pace of appreciation isn’t as furious as in peak years, median prices are still inching upward across Belmont, Gaston, and broader western Mecklenburg. Belmont stands out: +6–7% year-over-year in some datasets. That suggests there’s still buyer demand, especially in desirable submarkets.
However, some fringe areas (especially those farther from major roads or amenities) are showing more flattening or price softening. The “sweet spot” homes—walkable, well-maintained, in good schools and close to commuting routes—are holding value best.
2. Homes Are Taking Longer to Sell
Across the board, Days on Market (DOM) are up. In Belmont, we see ~65 days now, versus ~44 days last year. Mecklenburg’s median DOM also rose from ~41 to ~55 days.
Longer market time indicates greater buyer selectivity, and that homes not well priced or with deferred maintenance are being filtered out. It also gives more room for negotiation — especially on homes with quirks or condition issues.
3. Inventory & Listing Behavior Matters
Supply is still constrained relative to demand, but it’s loosening compared to the tightest phases of the last few years. Some homeowners are delaying listing, perhaps waiting for rates or market sentiment to improve. Also, new construction is playing a role and some of the newer subdivisions in eastern Gaston and western Mecklenburg are introducing more supply than older, fixed-inventory neighborhoods.
Practical Takeaways & Strategy
✳️ For Sellers
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Price to compete from day one. With DOM up, overpriced homes tend to lose momentum. Pricing smart and upfront can avoid multiple price reductions.
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Invest in condition & presentation. Simple updates, staging, and ensuring the home “shows well” can yield outsized returns, especially in this environment.
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Know your micro-market. Belmont, Cramerton, or Mount Holly properties near amenities or high-growth corridors will behave differently than more remote areas. Use comparables closely aligned by geography, not county-wide averages.
✔️ For Buyers
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Be ready. Because homes are lingering, you may see more opportunity to negotiate. Don’t wait too long if you find something you like—good ones still go fast in prime areas.
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Watch listings that have been on market for several weeks. They may carry more flexibility or seller motivation.
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Work with a local agent intimately familiar with neighborhoods and nuances. There can be sharp price differences even inside the same town depending on schools, roads, or lot shapes.
🏘️ For Agents & Investors
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Focus on “sweet spot” homes. Properties in sound condition, in good locations, with decent commute access will continue to outperform others.
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Don’t over-leverage fringe or speculative areas. With buyer caution up, properties on the edge may face more resistance.
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Educate clients. Many will assume we’re still in “seller’s market mode.” Show them the data and reset expectations — e.g. cushion for inspection issues, budget in time for negotiations, etc.
Looking Ahead: What Could Shift the Balance?
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Mortgage rates and financing. A move downward in interest rates could reignite buyer urgency and expand affordability, tightening supply again.
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Local infrastructure and connectivity. As new roads, transit, or amenity development reach eastern Gaston / western Mecklenburg, neighborhoods closer to those upgrades may see stronger appreciation.
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Demographic trends & lifestyle preferences. If more people work remote or hybrid, buyers might trade proximity to city for more value, boosting demand farther out.
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Policy changes & incentives. Tax incentives, municipal growth policies, or local programs for housing renovation or infill could influence where buyers focus.
Final Thought
This corridor which is bridging Charlotte’s urban pull and the more affordable landscape of Gaston’s edge, is entering a more measured, discerning phase. The days when homes flew off the market in days may be less common, but opportunities remain. Those who stay sharp on pricing, presentation, and market intelligence will thrive, whether they’re listing, buying, or advising. —-> sarah.wiley@cbcarverpressley.com