The housing market in 28208, Charlotte, NC is booming. The median value of a house in the area is $273,000, which is significantly lower than the US median house value of $338,100. Over the last year, the housing appreciation rate in 28208 has skyrocketed to 16.47%, far exceeding the national rate of 8.27%. This makes 28208 an ideal location for those looking to make a safe and profitable investment in real estate.
The median home cost in Charlotte (zip 28208) is $273,000. Home appreciation the last 10 years has been 164.3%. Home Appreciation in Charlotte (zip 28208) is up 23.6%.
Average Age of Homes
- The median age of Charlotte (zip 28208) real estate is 48 years old
The Rental Market in Charlotte (zip 28208)
- Renters make up 54.9% of the Charlotte (zip 28208) population
- 4.5% of houses and apartments in Charlotte (zip 28208), 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.