Zip 28278 (Charlotte, NC) Housing

The housing market in 28278 Charlotte, NC is thriving. The median value of homes in this area is currently $451,400, significantly higher than the US median of $338,100. Furthermore, the one year appreciation rate of 16.47% is far greater than the expected 8.27% national average. This shows that Charlotte's housing market is performing well and should continue to grow in the future.

The median home cost in Charlotte (zip 28278) is $451,400. Home appreciation the last 10 years has been 164.3%. Home Appreciation in Charlotte (zip 28278) is up 23.6%.

Average Age of Homes

- The median age of Charlotte (zip 28278) real estate is 14 years old

The Rental Market in Charlotte (zip 28278)

- Renters make up 22.4% of the Charlotte (zip 28278) population
- 0.8% of houses and apartments in Charlotte (zip 28278), 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
	12,303.0	139,647,020.0
	15	42
	$451,400	$338,100
	23.6%	16.6%
	81.4%	57.0%
	164.3%	101.1%
	$8.81	$10.98
	$2,939	$2,690
	70.9%	57.4%
	4.9%	11.2%
	24.1%	31.4%
Vacant Housing
	0.8%	1.9%
	1.3%	0.4%
	1.3%	0.7%
	0.0%	0.4%
	1.1%	3.6%
	0.5%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.1%	2.8%
	0.0%	3.9%
	0.1%	4.5%
	2.3%	11.3%
	9.3%	13.0%
	27.7%	20.1%
	31.7%	13.6%
	11.9%	8.3%
	13.7%	9.7%
	1.4%	3.9%
	1.2%	2.2%
	0.4%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.9%	0.2%
	42.3%	13.6%
	42.3%	13.6%
	12.5%	13.6%
	5.4%	13.2%
	3.3%	14.8%
	12.5%	13.6%
	1.2%	10.0%
	0.7%	4.7%
	0.1%	12.2%

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