Charlotte, NC 28215 Real Estate Market Report
ZIP Code: 28215
Report Date: May 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.
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
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.
Key Findings
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The neighborhood's primary value indicator, the median sold price, is 349,900, which anchors current market value and suggests recent transactions are occurring around that level; the median listing price of 379,500 paired with this sold-price anchor indicates a notable ask-to-sale gap that sellers should address when setting expectations.
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The market shows a prolonged selling cadence with a median days on market of 175, which points to slower sales velocity and increased negotiation time that may give buyers more leverage and sellers more incentive to reduce pricing friction.
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Pricing context is moderate: the median price per square foot is 212, and broader indicators show the price year-over-year trend is down while the market temperature is neutral, suggesting a balanced market where small price adjustments could materially affect deal flow.
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Inventory in the analyzed sample appears as a relatively constrained active supply versus recent sales, which, combined with the slower velocity and an interest rate pressure described as moderate, suggests market participants should focus on realistic pricing and time-on-market expectations when listing or underwriting opportunities.
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
Charlotte, NC 28215 Real Estate Market Report
ZIP Code: 28215
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo 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
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
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.
Key Findings
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The primary indicator of market value and recent transaction activity is the median sold price, which is 170,091, and it suggests transaction-level pricing is slightly below sellers' asking levels in the sample. balanced sales signal
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Seller expectations show a modest gap between the median listing price of 175,000 and the median sold price of 170,091, which may indicate limited pricing friction and that price adjustments are helping transactions close rather than aggressive bidding.
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Liquidity appears muted: the median days on market is 310, which points to slower sales velocity and suggests buyers have more time to evaluate listings rather than facing rapid multiple-offer scenarios. slower market pace
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Broader market context is mixed: price year-over-year trend is down while rent year-over-year trend is up, market temperature is neutral, and interest rate pressure is moderate, implying underlying demand remains but financing and pricing dynamics are exerting caution on buyers.
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 at market average
Sold at market average
Representative market sale establishing baseline for properties in the core neighborhood.
Sold at market average
Sold at market average
Sold at market average
Sold at 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, 6.5% 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: 5/1/2026
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