People who are living in Charlotte know how affordable the Queen City is. The median home value is significantly less than the national average (190,000 for Charlotte vs. 211,000 for the U.S. Average). In recent years the homes in Charlotte have started to increase in price far more dramatically than they did in the early 2000s. This is in line with the rest of the United States, with Charlotte appreciating a bit faster.
Part of the reason Charlotte is so affordable is thanks to how affordable land is. Because there is room to build homes, new builders can take advantage of the affordable land prices and build products that are of high quality for an affordable price. Homes in desirable, built-out, locations are far more expensive as you would expect. You may even find that they are more expensive than your expectations depending on where you are moving from.
Those coming from the Northeast will see their real estate taxes decrease dramatically. Some people will pay less for their mortgage than they had in their taxes up in New York or New Jersey.
Source: Uphomes
Photo credits to the owner