Housing in Matthews, NC

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$425,000

Median List Price

$440,000

Price Per Sq Ft

$240

Days on Market

71

Active Inventory

63

Months of Supply

3.3

Seller's market

Zillow Home Value

$491,119

ZHVI — January 2026

Zillow Rent Index

$1,765

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 15.6%List Price 16.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

10.5%

Off Market in 2 Weeks

47.6%

Sale-to-List Ratio

97.6%

Buyer's market

Sold Above Asking
10.5%
Under Contract in 2 Wks
47.6%
Listings with Price Drops
36.5%

Market Activity

Source: Redfin

Homes Sold

19

New Listings

17

Homes Sold 9.5%New Listings 26.1%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$240

Median List $/SF

$238

Sale $/SF 3.0%List $/SF 3.5%Mar 24Jan 26

Matthews vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Matthews is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$406,800

Median Rent

$1,670

Total Housing Units

11,945

Vacancy Rate

5.7%

Owner Occupied

65.5%

Renter Occupied

34.5%

Median Property Tax

$2,853

per year

Monthly Cost (w/ Mortgage)

$1,558

Housing Types

Single Family
66.0%
Multi-Family
33.0%
Mobile Home
1.0%

The current median sale price in Matthews, NC is $425,000 according to Redfin data. Homes spend a median of 71 days on the market. 10.5% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $240. Zillow's observed rent index is $1,765/month. About 65.5% of housing units are owner-occupied. The median year homes were built is 1993. There are 11,945 total housing units.