Charlotte, NC 28262 Real Estate Market Report

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.

Market Metrics

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

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

Liquidity & Velocity

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

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. $413,500 is the median sold price and should be treated as the primary indicator of recent market value and transaction activity; the difference versus the $372,445 median listing price suggests pricing friction between seller expectations and recent realizations.
2. The market shows 257 median days on market, which points to slower sales velocity and suggests purchasers may have increased opportunity to negotiate despite steady transaction activity.
3. Market signals indicate prices are up year-over-year while market temperature remains neutral, which is consistent with a balanced market where improved inventory appears to be providing buyers more options without materially undermining pricing.
4. Rents are trending up while interest rate pressure is moderate and local mortgage conditions show 6.56% average 30-year fixed rates, indicating financing costs are stable but still a material consideration for buyer affordability and deal structuring.

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.