Market Snapshot
- Median listing price
- $499K
- Median rent
- $1,675/mo
- Days on market
- 230 days
- Gross rental yield
- 4.03%
- STR vs LTR
- $2,412/mo STR · $1,675/mo LTR
The median listing price in Charlotte, NC ZIP 28205 is $498,800 as of June 2026.
The median market rent in Charlotte, NC ZIP 28205 is $1,675/month as of June 2026.
The median days on market in Charlotte, NC ZIP 28205 is 230 days as of June 2026. The market is currently neutral.
At a median list price of $498,800 and a median rent of $1,675/month, the gross rental yield in Charlotte, NC ZIP 28205 is 4.03% as of June 2026.
In Charlotte, NC ZIP 28205, median Airbnb revenue is $2,412/month compared to median long-term rent of $1,675/month as of June 2026.
Charlotte, NC 28205 Real Estate Market Report
ZIP Code: 28205
Report Date: June 2026
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.
Market Overview
This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Market Metrics
The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.
Rental Market
Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.
Property Taxes
Liquidity & Velocity
Market Trends & Context
Understanding Market Temperature
A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.
Current Mortgage Rate Context
Market-level mortgage rate comparison for this area:
Current 30-year fixed mortgage rates in Charlotte, NC, average approximately 6.58%, reflecting a market where rates have stabilized in the mid-6% range throughout 2026.
Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.
Key Findings
- The primary market indicator, median sold price, is 504,450, which establishes recent transaction-level market value for the ZIP; price momentum is up year-over-year, supporting modest appreciation in realized sale values.
- Liquidity appears restrained by relatively long selling timelines: median days on market is 230, suggesting slower sales velocity and that transactions may take longer to close even though the market temperature is neutral.
- Pricing context shows a close relationship between asking and realized prices: median listing price is 498,800 while median sold price is 504,450, and the median price per square foot is 321, which together suggest limited pricing friction and representative recent sale pricing in this balanced environment (contextual).
- Financing and rental context point to cautious demand: Current 30-year fixed mortgage rates average approximately 6.58% in Charlotte and interest rate pressure is described as elevated, while rent trends are up, indicating rising rents even as borrowing costs remain a headwind for some buyers.
Notable Properties
The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.
Recent Transactions
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Sold at market average
Sold above market average
Sold at market average
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 0.7% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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