The housing market in 28262 Charlotte, NC is one of the strongest in the US. The median value of homes in the area is $329,100, which is slightly lower than the national median of $338,100. However, over the past year homes in this area have appreciated at a rate of 16.47%, much higher than the national average of 8.27%. This rapid appreciation suggests that this is an excellent time to invest in real estate as values are likely to continue to rise.
The median home cost in Charlotte (zip 28262) is $329,100. Home appreciation the last 10 years has been 164.3%. Home Appreciation in Charlotte (zip 28262) is up 23.6%.
Average Age of Homes
- The median age of Charlotte (zip 28262) real estate is 18 years old
The Rental Market in Charlotte (zip 28262)
- Renters make up 58.9% of the Charlotte (zip 28262) population
- 5.5% of houses and apartments in Charlotte (zip 28262), 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.