GemHausNew report

Market Snapshot

Median listing price
$520K

The median listing price in Mint Hill, NC ZIP 28227 is $520,000 as of July 2026.

Median rent
$1,687/mo

The median market rent in Mint Hill, NC ZIP 28227 is $1,687/month as of July 2026.

Days on market
93 days

The median days on market in Mint Hill, NC ZIP 28227 is 93 days as of July 2026. The market is currently neutral.

Gross rental yield
3.89%

At a median list price of $520,000 and a median rent of $1,687/month, the gross rental yield in Mint Hill, NC ZIP 28227 is 3.89% as of July 2026.

Mint Hill, NC 28227 Real Estate Market Report

ZIP Code: 28227

Report Date: July 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
259
Active Listings
107
Sold Properties
152

Market Metrics

Median Listing Price
$520,000
Median Sold Price
$409,700
Median Price per Sqft
$224/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
$1,687

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.


Property Taxes

Property Tax Rate
0.61%

Liquidity & Velocity

Median Days on Market
93
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


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
down
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 Mint Hill, NC, are approximately 6.6% compared to the 2026 year-to-date low of 6.09%, representing a 0.51% increase in borrowing costs for property owners in this market.

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 indicator is the median sold price of 409,700, which, alongside a down price year-over-year trend, indicates recent transactions are weaker than asking expectations and suggests pricing friction between sellers and buyers.
  2. Despite a median listing price of 520,000, the gap between listing and the median sold price appears to reflect seller optimism relative to completed transactions and may indicate that final sale prices are settling below initial asking levels.
  3. Liquidity is slowing as shown by a median days on market of 93, which points to slower sales velocity and suggests buyers are taking longer to transact in this market even while the overall market temperature remains neutral.
  4. Market fundamentals show rent strength and cost pressure: median market rent is 1,687 with a up rent year-over-year trend, while interest rate pressure is reported as elevated (current 30-year fixed mortgage rates ~6.6% vs a 2026 low of 6.09%), which may constrain buyer affordability and keep transaction pace moderate.

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

8124 Asheley Glen Dr, Mint Hill, NC 28227
Top Sale

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

5 beds3 baths4,431 sqft
$1,800,000
Jun 1, 2026
$406/sqft
7832 Deerbridge St, Mint Hill, NC 28227
Market Benchmark

Sold at market average

4 beds4 baths8,097 sqft
$1,750,000
May 1, 2026
$216/sqft
7432 Purple Martin Way, Mint Hill, NC 28227
Premium

Sold above market average

3 beds3 baths3,744 sqft
$1,399,000
Apr 1, 2026
$374/sqft
6528 Brighton Park Dr, Mint Hill, NC 28227
Market Benchmark

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

3 beds2 baths2,296 sqft
$440,000
Apr 1, 2026
$192/sqft
12555 Lawyers Rd, Mint Hill, NC 28227
Market Benchmark

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

2 beds1 baths1,581 sqft
$435,000
Jun 1, 2026
$275/sqft
9139 Morgan Glenn Dr, Mint Hill, NC 28227
Market Benchmark

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

3 beds2 baths2,239 sqft
$425,000
Jun 1, 2026
$190/sqft
15004 Yarmouth Rd, Mint Hill, NC 28227
Value

Sold below market average

3 beds2 baths1,399 sqft
$176,000
May 1, 2026
$126/sqft
7532 Eastbourne Rd, Charlotte, NC 28227
Value

Sold below market average

3 beds2 baths1,575 sqft
$170,000
May 1, 2026
$108/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

-$709/mo
28227 Avg Rent
28227 Cost to Own
Rent$1,687
Own$2,396

20% down, 6.49% rate, 0.6% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

28227 Avg nightly rate
28227 Avg occupancy (days/year)
Nightly rate$176/night
Occupancy195 of 365 days

Data Sources

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

Report generated: 7/10/2026

GemHaus

Get personalized market intelligence

Unlock deeper property intel in Mint Hill, NC valuations, rent comps, operating costs, and pro-forma breakdowns.

Nearby Market Reports