Charlotte, NC 28262 Real Estate Market Report

ZIP Code: 28262
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.

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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 Charlotte NC 28262 market are averaging 6.30% to 6.50%, reflecting stability for loans originated earlier in 2026.

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. Using the median sold price as the primary indicator, the neighborhood's $350,500 median sold price reflects recent transaction-level market value and suggests modest upward momentum when combined with the reported up price trend; treat this figure as the representative recent sale benchmark for underwriting and comps.

2. The $359,500 median listing price vs. the median sold price suggests a visible gap between seller expectations and completed transactions, which may indicate pricing friction and suggests pricing should be validated against recent closed comps rather than list-side benchmarks.

3. The 258 median days on market points to slower sales velocity and longer listing lifecycles, which may indicate buyers and sellers are taking more time to transact; plan for extended holding periods and confirm financing windows when structuring offers.

4. Interest rate conditions present a constraint: market commentary shows elevated interest rate pressure and prevailing mortgage pricing of 6.30% to 6.50% for 30-year fixed loans in the area, which may damp buyer purchasing power even as rents trend higher (up)—consider financing sensitivity in deal models and highlight rent-growth support for buy-and-hold strategies.

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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.

Charlotte, NC 28262 Real Estate Market Report

ZIP Code: 28262
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.

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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 28262 market are averaging 6.30% to 6.50%, reflecting stability for loans originated earlier in 2026.

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 neighborhood's primary market indicator, the median sold price, is 229,990, which, together with a price year-over-year trend of up, suggests recent transaction-level stabilization and modest upward pressure on values.

2. The median listing price is 229,900, nearly aligned with the median sold price of 229,990, which may indicate limited pricing friction between seller expectations and actual sale outcomes and balanced pricing conditions for SFR and condo segments.

3. The median days on market is 273, signaling slower sales velocity and extended marketing periods that may reflect cautious buyer pacing; combined with a neutral market temperature (neutral), this suggests measured liquidity rather than rapid turnover.

4. The median market rent is 1,600 and rent year-over-year trend is up, while interest rate pressure is described as elevated and current 30-year fixed mortgage rates are averaging 6.30% to 6.50% in the market — this dynamic supports rent growth but increases financing cost sensitivity for buyers and investors.

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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.