Charlotte, NC vs Chicago, IL: Housing Market Comparison (2026)
Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · as of July 2026
Charlotte, NC vs Chicago, IL side by side
| Metric | ● Charlotte, NC | ● Chicago, IL |
|---|---|---|
| Alpha Score | 40 | 49 |
| Price Momentum | 44 | 83 |
| Inventory Health | 29 | 31 |
| Affordability | 28 | 52 |
| Economic Strength | 69 | 21 |
| Rental Yield | 28 | 69 |
| Median Sale Price | $423K | $382K |
| Price-to-Income | 5.1 | 4.2 |
| Payment-to-Income | 30.2% | 25.1% |
| Months of Supply | 4 | 3 |
| Gross Rental Yield | 4.2% | 4.6% |
| Overvaluation Index | 80 | 50 |
Highlighted = the stronger read for that metric (supply, valuation, and payment burden are better when lower). Income/rent inputs lag annually.
How Charlotte, NC and Chicago, IL compare, dimension by dimension
- Affordability: Chicago, IL leads — Charlotte, NC 28/100 vs Chicago, IL 52/100.
- Price Momentum: Chicago, IL leads — Charlotte, NC 44/100 vs Chicago, IL 83/100.
- Inventory Health: Chicago, IL leads — Charlotte, NC 29/100 vs Chicago, IL 31/100.
- Economic Strength: Charlotte, NC leads — Charlotte, NC 69/100 vs Chicago, IL 21/100.
- Rental Yield: Chicago, IL leads — Charlotte, NC 28/100 vs Chicago, IL 69/100.
Frequently asked questions
Which has a higher Alpha Score, Charlotte, NC or Chicago, IL?
Chicago, IL scores higher — 49 vs 40 out of 100. The Alpha Score is a 0-100 composite of price momentum, inventory health, affordability, economic strength, and rental yield.
Is Charlotte, NC or Chicago, IL more affordable?
Chicago, IL is more affordable on our affordability dimension. Price-to-income is 5.1 in Charlotte, NC and 4.2 in Chicago, IL.
Which housing market has stronger momentum, Charlotte, NC or Chicago, IL?
Chicago, IL has stronger price momentum — 83/100 vs 44/100.
What is the median home price in Charlotte, NC vs Chicago, IL?
The median sale price is $423K in Charlotte, NC and $382K in Chicago, IL.
Want to swap in other cities, change the metrics, or chart the trend over time? Customize this comparison → in the interactive Compare tool. Or read the Charlotte, NC market brief and the Chicago, IL brief.