GemHausNew report

Market Snapshot

Median listing price
$924K

The median listing price in Charlotte, NC ZIP 28211 is $923,900 as of June 2026.

Median rent
$1,985/mo

The median market rent in Charlotte, NC ZIP 28211 is $1,985/month as of June 2026.

Days on market
259 days

The median days on market in Charlotte, NC ZIP 28211 is 259 days as of June 2026. The market is currently neutral.

Gross rental yield
2.58%

At a median list price of $923,900 and a median rent of $1,985/month, the gross rental yield in Charlotte, NC ZIP 28211 is 2.58% as of June 2026.

STR vs LTR
$1,703/mo STR · $1,985/mo LTR

In Charlotte, NC ZIP 28211, median Airbnb revenue is $1,703/month compared to median long-term rent of $1,985/month as of June 2026.

Charlotte, NC 28211 Real Estate Market Report

ZIP Code: 28211

Report Date: June 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.


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.

Analysis Window
90 Days
Total Properties Analyzed
148
Active Listings
51
Sold Properties
97

Market Metrics

Median Listing Price
$923,900
Median Sold Price
$935,000
Median Price per Sqft
$367/sqft

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

Median Market Rent
$1,985

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

Property Tax Rate
0.57%

Liquidity & Velocity

Median Days on Market
259
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
moderate

Key Findings

  1. median sold price: $935,000 is the primary indicator of realized market value for this ZIP and suggests modest appreciation compared with listing expectations; price trends are up year‑over‑year, supporting continued price resilience.
  2. median days on market: 259 points to slower sales velocity and notable pricing friction that may require sellers to concede more in negotiations; longer time to contract appears to be the primary liquidity constraint.
  3. median listing price: $923,900 versus the median sold price indicates a narrow gap between asking and achieved prices in recent transactions, which appears consistent with a balanced market temperature and supports predictable pricing for active sellers.
  4. median price per square foot: $367 and median market rent: $1,985 together frame asset-level valuation and rental demand; with moderate interest rate pressure and rent trends up, investors should underwrite financing sensitivity and near-term cashflow stability before committing.

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

3907 Foxcroft Rd, Charlotte, NC 28211
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds6 baths5,785 sqft
$5,065,000
Apr 1, 2026
$876/sqft/sqft
132 days on market
1615 Coventry Rd, Charlotte, NC 28211
Premium

Sold above market average

5 beds6 baths6,939 sqft
$4,500,000
May 1, 2026
$649/sqft/sqft
3637 Pelham Ln, Charlotte, NC 28211
Premium

Sold above market average

5 beds3 baths3,996 sqft
$3,637,500
Apr 1, 2026
$910/sqft/sqft
266 days on market
4749 Addison Dr, Charlotte, NC 28211
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths1,713 sqft
$840,000
Mar 1, 2026
$490/sqft/sqft
129 days on market
7201 Terrace Dr, Charlotte, NC 28211
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2 baths3,260 sqft
$840,000
Mar 1, 2026
$258/sqft/sqft
110 days on market
148 Shasta Ln, Charlotte, NC 28211
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds2 baths3,168 sqft
$840,000
Mar 1, 2026
$265/sqft/sqft
144 days on market
6622 Thermal Rd, Charlotte, NC 28211
Value

Sold below market average

2 beds2 baths1,318 sqft
$295,000
Apr 1, 2026
$224/sqft/sqft
954 days on market
8330 Ramath Dr, Charlotte, NC 28211
Value

Sold below market average

3 beds2 baths1,550 sqft
$290,000
Apr 1, 2026
$187/sqft/sqft
941 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$3,463/mo
28211 Avg Rent
28211 Cost to Own
Rent$1,985
Own$5,448

20% down, 6.50% rate, 0.6% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

28211 Avg nightly rate
28211 Avg occupancy (days/year)
Nightly rate$160/night
Occupancy148 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

GemHaus

Get personalized market intelligence

Unlock deeper property intel in Charlotte, NC valuations, rent comps, operating costs, and pro-forma breakdowns.

Nearby Market Reports