Builders pause as Charlotte’s townhouse glut grows
Townhouse construction hit record numbers in recent years — but buyers aren't flocking to them
The following article appeared in the Jan. 7, 2026, edition of The Charlotte Ledger, an e-newsletter with smart and original local news for Charlotte. We offer free and paid subscription plans. More info here.
A surge of new townhouses is outpacing buyer demand, leaving a surplus of listings and suppressing sales prices
by Tony Mecia
You’ve seen them around town: rows of new townhouses popping up, sometimes dozens at a time.
In the past few years, Charlotte has been on a record townhouse-building spree. Now, though, hundreds of those homes are coming online — and many don’t have buyers, resulting in what some builders and real estate agents are calling a glut of townhouses.
“They just overbuilt the four-story townhomes with ‘city views,’ and nobody wants them,” said Bonnie Tcherkezian, a real estate broker with Dickens Mitchener Real Estate. “There is a huge inventory of them, and it has been frustrating for people trying to sell.”
Charlotte housing market data shows that there are more townhouses for sale in the city than ever. They’re staying on the market longer, and the median sales prices are lower than they were a year ago.
The figures align with Tcherkezian’s experience trying to sell a three-bedroom townhome in Bryant Park, a neighborhood west of uptown off Freedom Drive. It’s been on the market since September, she said, with two price reductions.