Market Snapshot
- Median listing price
- $359K
- Median rent
- $1,799/mo
- Days on market
- 193 days
- Gross rental yield
- 6.01%
- STR vs LTR
- $1,711/mo STR · $1,799/mo LTR
The median listing price in Charlotte, NC ZIP 28215 is $359,000 as of June 2026.
The median market rent in Charlotte, NC ZIP 28215 is $1,799/month as of June 2026.
The median days on market in Charlotte, NC ZIP 28215 is 193 days as of June 2026. The market is currently neutral.
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.
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
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.
Market Metrics
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
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, 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
- 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.
- 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.
- 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.
- 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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.53% rate, 0.7% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
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