The housing median value in 28202 Charlotte, NC is $404,900 which is significantly higher than the US house median value of $338,100. Additionally, the US house appreciation rate for the past year has been 8.27% whereas the appreciation rate for housing in 28202 Charlotte, NC has been 16.47%. These figures demonstrate that Charlotte is a very desirable place to live and buyers are willing to pay top dollar for homes in this area.
The median home cost in Charlotte (zip 28202) is $404,900. Home appreciation the last 10 years has been 164.3%. Home Appreciation in Charlotte (zip 28202) is up 23.6%.
Average Age of Homes
- The median age of Charlotte (zip 28202) real estate is 16 years old
The Rental Market in Charlotte (zip 28202)
- Renters make up 55.0% of the Charlotte (zip 28202) population
- 13.1% of houses and apartments in Charlotte (zip 28202), 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.