Charlotte, NC 28210 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

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

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 neighborhood's primary market value indicator is the median sold price 710,000; this representative recent sale level suggests realized transaction values are materially higher than the median listing price 535,000, which may indicate a gap between seller expectations and recent closed outcomes (representative recent sale).
2. The median days on market 148 points to slower sales velocity and pricing friction; despite a neutral market temperature, longer time-to-contract may suggest buyers have more time to negotiate on individual SFR and condominium deals.
3. Price momentum is positive with a year-over-year price trend up while rent is also trending up, supporting continued valuation resilience; however, elevated borrowing costs (mortgage rate context described as elevated) add upward pressure on holding and acquisition costs (elevated interest rate pressure).
4. Market fabric shows a mid-to-high median price per square foot 316 alongside a median market rent of 1,379, which frames current valuation metrics for comparing comparable SFR and condo opportunities; given the combination of elevated listing/sold spread and slower market velocity, expect pricing negotiation to play a larger role in near-term transactions.

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.