Charlotte, NC 28270 Real Estate Market Report

ZIP Code: 28270
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the real estate market in Charlotte, NC (ZIP: 28270) reflects a median sold price of $642,500, indicating a robust market despite the challenges of elevated inventory levels. The neighborhood has increased 15% since 2023, illustrating a positive trajectory in property values. The median listing price stands at $554,000, suggesting a notable gap between seller expectations and actual market performance, which may indicate pricing friction as buyers navigate their options in a market characterized by moderate sales activity.

The median days on market is 202, pointing to slower sales velocity and a potential shift in buyer leverage. While the market remains seller-leaning, improved inventory conditions are fostering a more balanced dynamic. The local economy continues to support housing demand, although the median market rent of $2,720 reflects a slight downward trend year-over-year, which may influence buyer sentiment as rental options become more appealing.

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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

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.

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Key Findings

1. The median sold price of $642,500 indicates strong market value despite elevated inventory levels.

2. With a median listing price of $554,000, there is a significant gap that may suggest pricing friction in the market.

3. The median days on market of 202 reflects slower sales velocity, indicating a potential shift in buyer leverage.

4. The median market rent of $2,720 shows a downward trend year-over-year, which could impact buyer decisions.

5. Market temperature is currently neutral, suggesting a balanced market dynamic with moderate transaction volume.

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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.