Charlotte, NC 28269 Real Estate Market Report

ZIP Code: 28269
Report Date: March 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of March 2026, the real estate market in Charlotte, NC (ZIP: 28269) is characterized by a median sold price of $352,800, reflecting a stable market despite the current economic pressures. The neighborhood has increased 0% since 2023, indicating a plateau in pricing trends. The market is experiencing 159 days on market, suggesting a slower sales velocity and a more cautious approach from buyers amidst elevated interest rate pressures.

While inventory levels appear elevated relative to sales activity, the demand remains robust due to strong local job creation. However, the median listing price stands at $399,990, which may indicate pricing friction as sellers adjust their expectations to align with market realities. Overall, the market temperature is neutral, suggesting a balanced environment where buyers and sellers are navigating the current economic landscape with caution.

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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

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.

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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 area around 6.43% are higher than the early 2026 average of 6.08%, meaning property owners who originated loans then locked in a more 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 is $352,800, indicating stable transaction values in the current market.

2. The median listing price of $399,990 suggests potential pricing friction as sellers adjust to market conditions.

3. With 159 days on market, the market is experiencing slower sales velocity, reflecting a more cautious buyer sentiment.

4. The market temperature is neutral, indicating a balanced environment for buyers and sellers amidst economic uncertainties.

5. Elevated interest rate pressure is impacting buyer activity, contributing to a more moderated market dynamic.

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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.