Zip 28217 (Charlotte, NC) Housing

The housing market in 28217 Charlotte, NC is a hot market right now. The median value of the housing in the area is $275,500, which is significantly lower than the US house median value of $338,100. However, what makes this an attractive location for buyers is its higher-than-average house appreciation rate of 16.47% over the past year. This figure is nearly double the national average of 8.27%, making it a great investment opportunity for potential homeowners.

The median home cost in Charlotte (zip 28217) is $275,500. Home appreciation the last 10 years has been 164.3%. Home Appreciation in Charlotte (zip 28217) is up 23.6%.

Average Age of Homes

- The median age of Charlotte (zip 28217) real estate is 36 years old

The Rental Market in Charlotte (zip 28217)

- Renters make up 57.6% of the Charlotte (zip 28217) population
- 3.2% of houses and apartments in Charlotte (zip 28217), 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

Housing	Charlotte, North Carolina	United States
	12,377.0	139,647,020.0
	30	42
	$275,500	$338,100
	23.6%	16.6%
	81.4%	57.0%
	164.3%	101.1%
	$9.76	$10.98
	$1,549	$2,690
	30.1%	57.4%
	7.0%	11.2%
	62.9%	31.4%
Vacant Housing
	3.2%	1.9%
	0.6%	0.4%
	0.3%	0.7%
	0.4%	0.4%
	0.1%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	2.9%	2.6%
	2.9%	2.4%
	3.8%	2.8%
	5.5%	3.9%
	11.5%	4.5%
	19.7%	11.3%
	24.0%	13.0%
	19.3%	20.1%
	5.4%	13.6%
	3.2%	8.3%
	0.3%	9.7%
	0.0%	3.9%
	0.4%	2.2%
	1.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	18.0%	13.6%
	18.0%	13.6%
	18.0%	13.6%
	6.5%	13.2%
	13.7%	14.8%
	18.0%	13.6%
	7.5%	10.0%
	0.8%	4.7%
	0.7%	12.2%

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