Charlotte, NC 28208 Real Estate Market Report

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

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary market indicator, the median sold price 287,200, shows realized transaction values and suggests current market value is below asking levels when compared to the median listing price 420,000; this gap may indicate pricing friction between seller expectations and recent sale prices.
2. With a median sold price 287,200 and a median days on market 241, the market appears to be experiencing slower sales velocity; longer time on market may indicate buyers are taking more time to transact despite a neutral market temperature.
3. The market-wide trend for prices is up, while rent is also up, reinforcing steady underlying demand even as interest rate pressure is elevated; price growth alongside elevated interest rate pressure suggests sensitivity to financing costs for buyers.
4. Given the sample indicates relatively constrained active supply in relation to sales activity but the broader context shows a neutral market temperature, expect a more balanced negotiation environment — stable/neutral conditions where pricing and deal structure will determine transaction success rather than rapid bidding or deep discounts.

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.