Charlotte, NC 28212 Real Estate Market Report

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

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Executive Overview

The housing market in Charlotte, NC (ZIP: 28212) is showing signs of stabilization, with the median sold price currently at $332,500. This reflects a healthy market condition where actual transactions are occurring at prices that are closely aligned with seller expectations. The market has seen an up trend in prices year-over-year, indicating a continued interest among buyers despite the evolving dynamics of the market.

Transaction activity appears to be moderate, with 294 days on market suggesting a slower sales velocity. This may indicate elevated inventory levels relative to sales activity, providing buyers with more options. The median listing price stands at $335,000, which is slightly above the median sold price, hinting at potential pricing friction as sellers adjust their expectations in a more balanced market.

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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

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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 Charlotte NC 28212 are averaging 6.38%, which is 0.3% higher than the 6.65% average seen a year ago.

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. The median sold price is $332,500, reflecting a stable market with moderate appreciation.

2. Transaction velocity is slower, with properties averaging 294 days on market, indicating a potential shift towards more buyer-friendly conditions.

3. The median listing price of $335,000 suggests some pricing friction as sellers may need to adjust expectations to align with buyer activity.

4. Year-over-year price trends are up, indicating sustained demand in the market despite a more balanced inventory situation.

5. The median market rent is $1,700, providing a stable rental environment amidst the evolving sales landscape.

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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.