Charlotte, NC 28214 Real Estate Market Report

ZIP Code: 28214
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Charlotte, NC (ZIP: 28214) is characterized by a median sold price of $342,150, reflecting a stable market environment. The neighborhood has increased up since 2023, indicating a positive trend in property values. However, the median days on market stands at 157, suggesting a slower sales velocity, which may indicate a need for sellers to adjust expectations in light of current market conditions.

Inventory levels are currently elevated, with a notable presence of active listings compared to sold properties. This excess supply relative to sales activity may create pricing friction, as buyers have more options available. Despite the median listing price of $365,450, which is higher than the sold price, the market temperature remains neutral, suggesting a balance between buyer and seller expectations. The median market rent is at $1,750, which, while stable, reflects a down trend year-over-year, potentially influencing buyer sentiment and rental demand.

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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 the Charlotte NC market average around 6.15% to 6.38%, which is notably higher than some recent 2026 origination rates observed as low as 5.50% to 6.00%.

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 of $342,150 indicates a stable market, with recent trends showing an up movement since 2023.

2. With a median days on market of 157, the area is experiencing slower sales velocity, which may require sellers to adjust their pricing strategies.

3. The median listing price of $365,450 is higher than the sold price, suggesting potential pricing friction and a need for market adjustments.

4. Elevated inventory levels suggest excess supply relative to sales activity, which may lead to increased competition among sellers.

5. The median market rent of $1,750 reflects a down trend year-over-year, which could impact buyer sentiment and overall market dynamics.

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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.