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.