Charlotte, NC 28212 Real Estate Market Report

ZIP Code: 28212
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

As of February 2026, the real estate market in Charlotte, NC (ZIP: 28212) is characterized by a median sold price of $349,900, reflecting a stable market environment. The neighborhood has increased 0% since 2023, indicating a plateau in pricing trends. Despite this stability in sold prices, the market is experiencing elevated inventory levels, which may suggest a shift towards a more balanced state as buyers gain some negotiating leverage.

The median days on market stands at 238 days, indicating a slower sales velocity and a potential hesitance among buyers. While the median listing price is $364,950, the gap between listing and sold prices may indicate some pricing friction as sellers adjust to the current market dynamics. Overall, the market temperature is assessed as neutral, reflecting a balance between buyer demand and available inventory, with local job growth continuing to support underlying buyer interest.

---

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

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.

---

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 at approximately 5.875% are 1.78% lower than the 7.65% average rate seen earlier in 2026.

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

---

Key Findings

1. The median sold price of $349,900 suggests stable market conditions despite elevated inventory levels.

2. With a median days on market of 238 days, the market is experiencing slower sales velocity, indicating potential buyer hesitance.

3. The median listing price of $364,950 shows a notable gap from the sold price, indicating potential pricing friction as sellers adjust expectations.

4. The market temperature is currently assessed as neutral, suggesting a balanced environment between buyers and sellers.

5. Local job growth continues to support buyer demand, which may help sustain market activity despite current inventory levels.

---

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.