Charlotte, NC vs Chicago-Naperville-Elgin: Housing Market Comparison (2026)

Side-by-side Alpha Scores, affordability, momentum, supply, jobs, and rental yield · as of July 2026

Charlotte, NC vs Chicago-Naperville-Elgin side by side

Metric Charlotte, NC Chicago-Naperville-Elgin
Alpha Score4434
Price Momentum4450
Inventory Health291
Affordability5036
Economic Strength5042
Rental Yield5052
Median Sale Price$423K
Price-to-Income3.4
Payment-to-Income20.9%
Months of Supply4
Gross Rental Yield5.5%
Overvaluation Index0

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-Naperville-Elgin compare, dimension by dimension

  • Affordability: Charlotte, NC leads — Charlotte, NC 50/100 vs Chicago-Naperville-Elgin 36/100.
  • Price Momentum: Chicago-Naperville-Elgin leads — Charlotte, NC 44/100 vs Chicago-Naperville-Elgin 50/100.
  • Inventory Health: Charlotte, NC leads — Charlotte, NC 29/100 vs Chicago-Naperville-Elgin 1/100.
  • Economic Strength: Charlotte, NC leads — Charlotte, NC 50/100 vs Chicago-Naperville-Elgin 42/100.
  • Rental Yield: Chicago-Naperville-Elgin leads — Charlotte, NC 50/100 vs Chicago-Naperville-Elgin 52/100.

Frequently asked questions

Which has a higher Alpha Score, Charlotte, NC or Chicago-Naperville-Elgin?

Charlotte, NC scores higher — 44 vs 34 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-Naperville-Elgin more affordable?

Charlotte, NC is more affordable on our affordability dimension.

Which housing market has stronger momentum, Charlotte, NC or Chicago-Naperville-Elgin?

Chicago-Naperville-Elgin has stronger price momentum — 50/100 vs 44/100.

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-Naperville-Elgin brief.