Zip 28205 (Charlotte, NC) Housing

The housing market in 28205 Charlotte, NC is currently booming. According to recent data, the median value of a home in this area is $421,200, which is significantly higher than the US house median value of $338,100. What's more impressive is that the housing appreciation rate for this area over the past year has been an incredible 16.47%, far greater than the national 1 year appreciation rate of 8.27%. This indicates that the housing market in 28205 Charlotte, NC is experiencing rapid growth and appreciation.

The median home cost in Charlotte (zip 28205) is $421,200. Home appreciation the last 10 years has been 164.3%. Home Appreciation in Charlotte (zip 28205) is up 23.6%.

Average Age of Homes

- The median age of Charlotte (zip 28205) real estate is 52 years old

The Rental Market in Charlotte (zip 28205)

- Renters make up 53.9% of the Charlotte (zip 28205) population
- 2.1% of houses and apartments in Charlotte (zip 28205), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Charlotte, North Carolina	United States
	23,870.0	139,647,020.0
	53	42
	$421,200	$338,100
	23.6%	16.6%
	81.4%	57.0%
	164.3%	101.1%
	$8.34	$10.98
	$2,499	$2,690
	38.7%	57.4%
	8.6%	11.2%
	52.7%	31.4%
Vacant Housing
	2.1%	1.9%
	1.1%	0.4%
	0.5%	0.7%
	0.4%	0.4%
	0.5%	3.6%
	4.0%	4.1%
Value of Owner-Occupied Housing
	0.8%	2.6%
	0.1%	2.4%
	0.6%	2.8%
	1.3%	3.9%
	3.7%	4.5%
	5.3%	11.3%
	11.1%	13.0%
	27.3%	20.1%
	18.2%	13.6%
	10.3%	8.3%
	15.1%	9.7%
	4.8%	3.9%
	1.4%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	7.6%	13.6%
	7.6%	13.6%
	7.3%	13.6%
	6.0%	13.2%
	13.7%	14.8%
	7.3%	13.6%
	18.4%	10.0%
	10.3%	4.7%
	8.3%	12.2%