Charlotte, NC 28210 Real Estate Market Report

ZIP Code: 28210
Report Date: May 2026
Market Temperature: NEUTRAL
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.

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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.

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Market Metrics

Note: 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.

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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.

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Property Taxes

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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.

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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 the 28210 area of Charlotte, NC, are averaging 6.5%, reflecting a stable market environment for property owners who originated loans earlier in 2026.

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

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Key Findings

1. median sold price 617,500 is the best indicator of recent market value in 28210 and points to sustained transaction strength; this represents the primary observed sale level, which market participants should use as the baseline for valuation and underwriting decisions.

2. median days on market 196 suggests slower sales velocity and increased time-to-contract compared with hotter markets; longer listing lifecycles may indicate more negotiation room for buyers and the need for sellers to set clearer pricing or offer concessions to accelerate closings.

3. There is a notable pricing disconnect between the median listing price 484,900 and the median sold price 617,500, which may indicate selective seller pricing, off-market adjustments, or that higher-quality properties are driving reported sales; this gap suggests listing prices alone may not represent executed market transactions and underlines the importance of prioritizing sold-price comps when pricing or appraising.

4. Broad indicators show a balanced market context: price year-over-year trend flat, market temperature neutral, interest rate pressure elevated, and rent year-over-year trend up; elevated interest rate pressure alongside rising rents may keep buyer demand steady but cautious, so lenders and investors should stress-test cashflow assumptions and time-to-close scenarios.

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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.

Charlotte, NC 28210 Real Estate Market Report

ZIP Code: 28210
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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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.

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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 the 28210 area of Charlotte, NC, are averaging 6.5%, reflecting a stable market environment for property owners who originated loans earlier in 2026.

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

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Key Findings

1. $299,500 is the primary indicator of market value based on recent transactions, signaling that recent closed sales are higher than asking expectations; the gap between median listing price of $250,000 and median sold price of $299,500 may indicate pricing friction between seller expectations and realized transaction prices moderate pricing disconnect.

2. 330 days for median days on market points to materially slower sales velocity and longer listing exposure; this extended time-to-contract suggests liquidity is softer than typical market turnover and may require concessions or targeted marketing to close deals slower transaction volume.

3. flat price year-over-year trend combined with a neutral market temperature suggests a balanced market environment where price appreciation has stalled; concurrently, rent year-over-year trend is up with a median market rent of $1,695, indicating rental demand support even as sales growth is flat stable but watchful.

4. $240 per sqft remains the local valuation benchmark while interest rate pressure is elevated and current 30-year fixed mortgage rates are averaging 6.5% in the area, which may constrain buyer purchasing power and lengthen sales cycles—pricing and financing incentives should be evaluated to maintain competitiveness elevated interest rate pressure.

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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.