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Market Snapshot

Median listing price
$359K

The median listing price in Charlotte, NC ZIP 28269 is $359,450 as of June 2026.

Median rent
$1,699/mo

The median market rent in Charlotte, NC ZIP 28269 is $1,699/month as of June 2026.

Days on market
197 days

The median days on market in Charlotte, NC ZIP 28269 is 197 days as of June 2026. The market is currently neutral.

Gross rental yield
5.67%

At a median list price of $359,450 and a median rent of $1,699/month, the gross rental yield in Charlotte, NC ZIP 28269 is 5.67% as of June 2026.

STR vs LTR
$1,843/mo STR · $1,699/mo LTR

In Charlotte, NC ZIP 28269, median Airbnb revenue is $1,843/month compared to median long-term rent of $1,699/month as of June 2026.

Charlotte, NC 28269 Real Estate Market Report

ZIP Code: 28269

Report Date: June 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
291
Active Listings
103
Sold Properties
188

Market Metrics

Median Listing Price
$359,450
Median Sold Price
$366,000
Median Price per Sqft
$189/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
$1,699

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
0.72%

Liquidity & Velocity

Median Days on Market
197
Sale-to-List Ratio
100.0%

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
down
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Charlotte 28269 area average 6.56%, reflecting a market where rates have fluctuated significantly throughout 2026 due to economic volatility.

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


Key Findings

  1. The primary indicator of recent transaction activity is the median sold price of 366,000, which represents the most reliable current market value for comparables in the ZIP and should anchor pricing decisions by sellers and appraisals (representative recent sale).
  2. The median listing price is 359,450, suggesting there is a visible gap between asking and transaction prices that may indicate negotiation room for buyers when supported by longer time on market.
  3. Market velocity appears muted: the median days on market of 197 points to slower sales velocity and pricing friction that may require concessions or targeted marketing to achieve contract terms.
  4. External pressures are mixed—price year-over-year trend is down while market temperature is neutral, and elevated financing costs (average 30-year fixed around 6.56%) constitute an elevated interest rate pressure headwind for affordability and buyer activity.

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

2605 Forest Grove Ct, Charlotte, NC 28269
Top Sale

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

4 beds2 baths2,136 sqft
$1,666,000
Mar 1, 2026
$780/sqft/sqft
1403 days on market
2717 Derita Ave, Charlotte, NC 28269
Premium

Sold above market average

3 beds1 baths1,472 sqft
$1,000,000
May 1, 2026
$679/sqft/sqft
4232 Saint Audrey Pl, Charlotte, NC 28269
Market Benchmark

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

4 beds2 baths1,941 sqft
$370,000
May 1, 2026
$191/sqft/sqft
1103 days on market
3101 Finchborough Ct, Charlotte, NC 28269
Market Benchmark

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

3 beds2 baths1,900 sqft
$370,000
Apr 1, 2026
$195/sqft/sqft
11942 Oak St, Charlotte, NC 28269
Market Benchmark

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

3 beds2 baths1,874 sqft
$365,000
Apr 1, 2026
$195/sqft/sqft
12516 Cardinal Point Rd, Charlotte, NC 28269
Market Benchmark

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds2 baths1,406 sqft
$250,000
May 1, 2026
$178/sqft/sqft
17 days on market
3212 Osceola Ln, Charlotte, NC 28269
Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

4 beds2 baths1,788 sqft
$237,000
Mar 1, 2026
$133/sqft/sqft
26 days on market
12557 Jessica Pl, Charlotte, NC 28269
Value

Sold below market average

2 beds2 baths1,440 sqft
$157,500
Mar 1, 2026
$109/sqft/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

-$483/mo
28269 Avg Rent
28269 Cost to Own
Rent$1,699
Own$2,182

20% down, 6.53% rate, 0.7% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

28269 Avg nightly rate
28269 Avg occupancy (days/year)
Nightly rate$138/night
Occupancy158 of 365 days

Data Sources

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

Report generated: 6/1/2026

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