Charlotte, NC 28226 Real Estate Market Report

ZIP Code: 28226
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: 28226) is characterized by a median sold price of $725,000, reflecting a stable market despite a slight year-over-year price decline. The neighborhood has decreased 8% since 2022, indicating a shift in buyer sentiment and market dynamics. The median listing price stands at $675,000, suggesting a notable gap between seller expectations and actual transaction values, which may create opportunities for negotiation for buyers.

The current market conditions reveal elevated inventory levels with 160 median days on market, indicating slower sales velocity. This extended time on the market, combined with a neutral market temperature, suggests that buyers are gaining more negotiating power. The overall market appears to be balancing, with moderate transaction volume and excess supply relative to sales activity, providing a more favorable environment for potential buyers.

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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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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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, around 5.68% to 6.04% are slightly lower than the average rates observed for 2026 originations, presenting a minor refinancing opportunity for property owners.

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 $725,000 reflects a notable gap compared to the median listing price of $675,000, indicating potential negotiation opportunities for buyers.

2. With a median days on market of 160, the market is experiencing slower sales velocity, suggesting that properties may require more time to sell.

3. The market temperature is currently neutral, indicating balanced conditions between buyers and sellers, with neither side having a distinct advantage.

4. Year-over-year trends show that prices are down, which may indicate a cooling market and changing buyer preferences.

5. The median market rent of $1,850 suggests stable rental demand, although rent trends are also reported as down, indicating a possible shift in rental 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.