The housing market in 28206 Charlotte, NC is faring particularly well compared to the national average. The median value of houses in this area is currently $293,300, which is significantly lower than the US house median value of $338,100. Furthermore, the one-year house appreciation rate in 28206 Charlotte, NC has been 16.47%, almost twice as high as the national rate of 8.27%. This suggests that investing in housing here could prove to be a wise decision for those looking to gain from increasing property values.
The median home cost in Charlotte (zip 28206) is $293,300. Home appreciation the last 10 years has been 164.3%. Home Appreciation in Charlotte (zip 28206) is up 23.6%.
Average Age of Homes
- The median age of Charlotte (zip 28206) real estate is 42 years old
The Rental Market in Charlotte (zip 28206)
- Renters make up 56.3% of the Charlotte (zip 28206) population
- 2.2% of houses and apartments in Charlotte (zip 28206), 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.