Housing in 28277 Charlotte, NC is considerably more expensive than the national median value of $338,100. The median house value in 28277 Charlotte is $478,900 - a full 42% higher than the national average. On top of this, 28277 Charlotte has seen an impressive 16.47% appreciation rate for homes over the past year, which is significantly higher than the 8.27% appreciation rate for US houses over the same period of time. This indicates that housing prices in 28277 Charlotte are likely to continue increasing at a steady rate in the near future.
The median home cost in Charlotte (zip 28277) is $478,900. Home appreciation the last 10 years has been 164.3%. Home Appreciation in Charlotte (zip 28277) is up 23.6%.
Average Age of Homes
- The median age of Charlotte (zip 28277) real estate is 18 years old
The Rental Market in Charlotte (zip 28277)
- Renters make up 25.9% of the Charlotte (zip 28277) population
- 2.1% of houses and apartments in Charlotte (zip 28277), 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.