The housing market is still crazy these days. I saw a post this morning on social media from someone asking how anyone is able to buy a house in Charlotte. Multiple offers in one weekend and homes selling as much as $100,000 over the asking price. For your average home buyer, it’s anxiety-inducing and hard to even come up with an offer that stands a chance. With prices soaring you may think you can’t afford to buy right now. And while waiting could be a good idea, there are some options. But what is the price range of the cheapest homes on the market in Charlotte?

You’re looking at condo-type spaces and the square footage is minimal but there are several homes on the market for under $120,000. They aren’t going to have the newest finishes and updates, but they could be great to renovate! Plus the return on that investment is certainly there as well. According to realtor.com, there are 1,669 homes currently on the market in Charlotte. (note this is just the city of Charlotte not any of the surrounding towns).

  • Median Listing Home Price: $369.9K
  • Median Listing Home Price/Sq Ft: $203
  • Median Sold Home Price: $362K

Let’s take a look at the cheapest homes currently on the market in Charlotte:

All listings and data are from Realtor.com

  • 9. 2011 Countrymens Ct Unit 44 $155,500

    Type: Condo

    Beds: 2

    Baths: 2

    Square Feet:

    2011 Countrymens Ct Unit 44, Charlotte, NC 28210 | realtor.com®

    Well maintained, large two bedroom, 2 bathroom condo in Sharon Lakes. Great location - close to I-485, airport Light Rail, shopping and dining. Nice vinyl hardwood flooring and tile throughout. Neutral gray paint. Located on the first floor. Currently rented for $975 / month, lease runs through 10/2022.

  • 8. 300 Orchard Trace Ln Apt 2 $113,500

    Type: Condo

    Beds: 3

    Baths: 2

    Square Feet: 989sqft

    300 Orchard Trace Ln Apt 2, Charlotte, NC 28213 | realtor.com®

    Beautifully updated 3 bedroom 2 bath condo in Orchard Trace. Conveniently located near UNC Charlotte, Light Rail, and IKEA. Very close to shopping, dining and I-85. Renovated kitchen with white cabinets, stainless steel appliances, gray granite countertops, tile backsplash. Neutral gray paint throughout. Most of the floors are Luxury plank vinyl, in a neutral gray tone.

  • 7. 337 Orchard Trace Ln Apt 2 $112,900

    Type: Condo

    Beds: 3

    Baths: 2

    Square Feet: 989sqft

    337 Orchard Trace Ln Apt 2, Charlotte, NC 28213 | realtor.com®

    Nice 3 bed, 2 bath condo in Orchard Trace. Great for an investor or owner occupant. Tile and laminate wood floors throughout, updated cabinets in kitchen. Both bathrooms have updated vanities and tile surround in the tub/shower. Neutral paint throughout. Onsite laundry facility. Easy access to light rail.

  • 6. 7997 Shady Oak Trl Apt 113 $111,500

    Type: Condo

    Beds: 2

    Baths: 1

    Square Feet: 826 sqft

    7997 Shady Oak Trl Apt 113, Charlotte, NC 28210 | realtor.com®

    Great 2 bedroom, 1 bathroom condo located in Quail Run. This unit has neutral paint and flooring. White kitchen and updated bathroom. Vacant and easy to show. Great for an investor or owner occupant. Market rent for this unit is approximately $900 + per month. Convenient to Light Rail, Bus Line, shopping, retail, I-485, I-77.

  • 5. 2013 Stoney Point Ln Unit 34 $109,000

    Type: Condo

    Beds: 1

    Baths: 1

    Square Feet: 667 sqft

    2013 Stoney Point Ln Unit 34, Charlotte, NC 28210 | realtor.com®

    Perfect one bedroom condo in the Sharon Lakes community that is ready for a homeowner or investor. You will be close to Lynx light rail, restaurants, shopping, and 10 mins from South Park Mall. This unit is vacant and ready for you!

  • 4. 1905 Meadowlark Ln Unit 33 $96,000

    Type: Condo

    Beds: 1

    Baths: 1

    Square Feet: 667 sqft

    1905 Meadowlark Ln Unit 33, Charlotte, NC 28210 | realtor.com®

    Great 1 bedroom, 1 bath condo in Sharon Lakes. New carpet, light gray vinyl wood flooring. Nice light and airy kitchen. White cabinets and white appliances. Located on the 1st floor. Washer and dryer hookups on utility room. Conveniently located close to I-77, South Boulevard, restaurants, shopping, Light Rail and public transportation.

  • 3. 7969 Shady Oak Trl Apt 71

    Type: Condo

    Beds: 1

    Baths: 1

    Square Feet: 785 sqft

    7969 Shady Oak Trl Apt 71, Charlotte, NC 28210 | realtor.com®

    Garden style 1 bedroom / 1 bath condo in Quail Run. Located on first level, so no stairs to climb! This condo features an additional bonus room that is currently being used as a second bedroom (there is no closet in the bonus room). Nice tile and laminate wood floors throughout.

  • 2. 7969 Shady Oak Trl Apt 72 $91,500

    Type: Condo

    Beds: 1

    Baths: 1

    Square Feet: 785 sqft

    7969 Shady Oak Trl Apt 72, Charlotte, NC 28210 | realtor.com®

    Garden style 1 bedroom / 1 bathroom condo in Quail Run. Located on the second level with a very nice balcony overlooking green space. This condo features an additional bonus room that is currently being used as a second bedroom (there is no closet but there is ingress / egress).

  • 1. 332 Orchard Trace Ln Apt 5 $90,000

    Type: Condo

    Beds: 2

    Baths: 1

    Square Feet: 828 sqft

    332 Orchard Trace Ln Apt 5, Charlotte, NC 28213 | realtor.com®

    Two Bedroom, 1 bath condo in Orchard Trace. Upper level unit with balcony. Currently rented for $825 per month and tenant has been there since 2017. This is conveniently located on the second floor and is in very good condition. Laminate tile and carpet throughout.