Charlotte, NC 28262 Real Estate Market Report

ZIP Code: 28262
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, Charlotte, NC (ZIP: 28262) is experiencing a median sold price of $373,500, reflecting a stable market environment. The neighborhood has shown a flat price trend year-over-year, indicating that while there is some stability, there is no significant upward momentum in pricing. This suggests that buyers are navigating a market where pricing expectations are aligning more closely with actual transaction values, which may provide opportunities for negotiation.

The market is characterized by elevated inventory levels, with a notable median days on market of 213 days. This extended time frame indicates a slower sales velocity, which may suggest that buyers are taking their time to evaluate options in a more balanced market. The current market temperature remains neutral, pointing to a shift from high demand to a more stable environment where buyers have increased options and bargaining power.

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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

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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 Charlotte, NC market are around 6.15% compared to recent averages near 5.75% from mid-February 2026, indicating a slight rate increase for new loans.

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 $373,500 indicates a stable market with no significant price appreciation.

2. With a median days on market of 213 days, the market is experiencing slower sales velocity, suggesting buyers are more deliberate in their purchasing decisions.

3. The median listing price stands at $364,500, which is closely aligned with the sold price, indicating realistic seller expectations in the current market.

4. The median market rent of $1,970 reflects a stable rental environment, contributing to the overall housing demand in the area.

5. Current interest rate pressure is elevated, with mortgage rates around 6.15%, which may impact buyer affordability and 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.