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Market Snapshot

Median listing price
$359K

The median listing price in Charlotte, NC ZIP 28215 is $359,000 as of June 2026.

Median rent
$1,799/mo

The median market rent in Charlotte, NC ZIP 28215 is $1,799/month as of June 2026.

Days on market
193 days

The median days on market in Charlotte, NC ZIP 28215 is 193 days as of June 2026. The market is currently neutral.

Gross rental yield
6.01%

At a median list price of $359,000 and a median rent of $1,799/month, the gross rental yield in Charlotte, NC ZIP 28215 is 6.01% as of June 2026.

STR vs LTR
$1,711/mo STR · $1,799/mo LTR

In Charlotte, NC ZIP 28215, median Airbnb revenue is $1,711/month compared to median long-term rent of $1,799/month as of June 2026.

Charlotte, NC 28215 Real Estate Market Report

ZIP Code: 28215

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
309
Active Listings
116
Sold Properties
193

Market Metrics

Median Listing Price
$359,000
Median Sold Price
$353,600
Median Price per Sqft
$200/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
$1,799

Property Taxes

Property Tax Rate
0.71%

Liquidity & Velocity

Median Days on Market
193
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
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Charlotte, NC, average 6.6% as of June 2026, reflecting a market environment where rates remain elevated compared to earlier 2026 lows of 5.98%.

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


Key Findings

  1. The primary market value indicator, the median sold price, is 353,600, which should be treated as the most reliable signal of recent transaction values in the neighborhood and frames pricing expectations for sellers and appraisals.
  2. The median days on market is 193, which suggests slower sales velocity and, combined with available sample counts, appears to reflect elevated inventory relative to sales activity rather than rapid turnover.
  3. The market shows upward price momentum and rent growth—price year-over-year trend is up and rent year-over-year trend is up—while the median price per square foot is 200 and the median market rent is 1,799, indicating continued demand fundamentals that support stable to modest price appreciation.
  4. Interest rate dynamics are a headwind: interest rate pressure is elevated and Current 30-year fixed mortgage rates in Charlotte, NC, average 6.6% as of June 2026 (earlier 2026 lows were 5.98%), a factor that may temper buyer affordability and extend the time needed to transact despite the neighborhood's underlying economic strength.

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

4717 Shamrock Dr, Charlotte, NC 28215
Top Sale

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

5 beds2 baths10,552 sqft
$7,300,000
Mar 1, 2026
$692/sqft/sqft
10428 Superb Ln, Charlotte, NC 28215
Premium

Sold above market average

3 beds3 baths3,307 sqft
$856,000
Apr 1, 2026
$259/sqft/sqft
Charlotte, NC 28215
Premium

Sold above market average

3 beds3 baths2,549 sqft
$847,500
Apr 1, 2026
$332/sqft/sqft
6832 Ludell Ln, Charlotte, NC 28215
Market Benchmark

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

3 beds2 baths1,680 sqft
$360,000
May 1, 2026
$214/sqft/sqft
131 days on market
10915 Northgate Trail Dr, Charlotte, NC 28215
Market Benchmark

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

3 beds2 baths1,994 sqft
$360,000
May 1, 2026
$181/sqft/sqft
3416 Denson Pl, Charlotte, NC 28215
Market Benchmark

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

3 beds2 baths1,508 sqft
$360,000
Mar 1, 2026
$239/sqft/sqft
199 days on market
8337 Gera Emma Dr, Charlotte, NC 28215
Value

Sold below market average

3 beds2 baths1,166 sqft
$160,000
Mar 1, 2026
$137/sqft/sqft
6762 Cypress Tree Ln, Charlotte, NC 28215
Value

Sold below market average

2 beds2 baths1,088 sqft
$151,000
Apr 1, 2026
$139/sqft/sqft

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

-$308/mo
28215 Avg Rent
28215 Cost to Own
Rent$1,799
Own$2,107

20% down, 6.53% rate, 0.7% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

28215 Avg nightly rate
28215 Avg occupancy (days/year)
Nightly rate$150/night
Occupancy129 of 365 days

Data Sources

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

Report generated: 6/1/2026

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