Zip 28227 (Charlotte, NC) Housing


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The housing market in Charlotte, NC 28227 is performing significantly better than the national average. The median value of houses in 28227 is $360,200 compared to the US median value of $338,100. This represents an 16.47% appreciation rate over the past year, which is more than double the US one-year house appreciation rate of 8.27%. With such strong appreciation rates, it is no wonder why Charlotte has been attracting so many home buyers and investors lately.

The median home cost in Charlotte (zip 28227) is $360,200. Home appreciation the last 10 years has been 164.3%. Home Appreciation in Charlotte (zip 28227) is up 23.6%.

Average Age of Homes
- The median age of Charlotte (zip 28227) real estate is 31 years old
The Rental Market in Charlotte (zip 28227)
- Renters make up 28.4% of the Charlotte (zip 28227) population
- 1.8% of houses and apartments in Charlotte (zip 28227), 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

  HousingCharlotte, North CarolinaUnited States
  23,013.0139,647,020.0
  3442
  $360,200$338,100
  23.6%16.6%
  81.4%57.0%
  164.3%101.1%
  $8.59$10.98
  $1,974$2,690
  64.7%57.4%
  5.8%11.2%
  29.5%31.4%
  Vacant Housing
  1.8%1.9%
  0.0%0.4%
  0.9%0.7%
  0.0%0.4%
  0.1%3.6%
  3.0%4.1%
  Value of Owner-Occupied Housing
  1.6%2.6%
  0.8%2.4%
  0.4%2.8%
  1.9%3.9%
  2.4%4.5%
  11.8%11.3%
  23.2%13.0%
  26.3%20.1%
  17.5%13.6%
  8.5%8.3%
  3.7%9.7%
  0.9%3.9%
  0.7%2.2%
  0.1%0.8%
  0.2%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  17.2%13.6%
  17.2%13.6%
  14.5%13.6%
  31.4%13.2%
  20.4%14.8%
  14.5%13.6%
  3.0%10.0%
  0.4%4.7%
  0.7%12.2%
Commute

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