Mint Hill, NC 28227 Real Estate Market Report

ZIP Code: 28227
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The Mint Hill market is currently characterized by a median sold price of $419,045, reflecting a stable environment for buyers and sellers alike. Although the neighborhood has not shown a specific historical sold price change percentage, the market is experiencing a slight upward trend in pricing year-over-year, indicating resilience in property values. The median listing price stands at $462,000, suggesting that seller expectations may be somewhat elevated compared to recent transaction values, which could create pricing friction in negotiations.

In terms of market dynamics, the median days on market is 133, indicating a slower sales velocity and suggesting that properties may be taking longer to sell. This extended time on the market, combined with elevated inventory levels, points to a shift towards a more balanced market. While the broader Charlotte metro area remains strong, Mint Hill's market temperature is currently classified as neutral, reflecting a balance between buyer demand and available supply. Elevated interest rates are influencing buyer behavior, leading to increased requests for concessions, which may further impact transaction activity.

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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 the Mint Hill NC 28227 area at approximately 5.875% are slightly higher than the average 2026 origination rates, suggesting owners locked in a favorable rate.

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 $419,045 indicates a stable market, with pricing pressures remaining relatively balanced.

2. With a median listing price of $462,000, there appears to be a gap between seller expectations and actual sales, potentially leading to pricing friction.

3. The median days on market of 133 suggests a slower sales velocity, indicating that properties are taking longer to sell in the current market.

4. Year-over-year price trends are up, reflecting a positive outlook for property values despite elevated interest rate pressure.

5. The market temperature is classified as neutral, suggesting a balance between buyer demand and available inventory.

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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.