Charlotte, NC 28270 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

Market Trends & Context

Key Findings

1. The primary market indicator, the median sold price of 730,000, suggests recent transactions are anchoring neighborhood value near current asking levels; given the median listing price of 735,000, this appears to reflect only a modest spread between seller expectations and completed sales, which may indicate limited pricing friction in negotiated deals. neutral price alignment
2. Sales velocity shows signs of being slower than rapid-turn markets: the median days on market is 211, which may indicate prolonged marketing periods or selective buyer activity despite stable prices; moderate to slow liquidity should be expected when timing listings or offers.
3. Price momentum is positive at the macro level—the price year-over-year trend is up—while rental momentum is softer with the rent year-over-year trend reported as down, suggesting purchase demand is outperforming rental demand in near-term valuations.
4. Market fundamentals show mixed signals: the median price per square foot is 269 and the median market rent is 1,625, but interest cost dynamics are a headwind as interest rate pressure is described as elevated; combined with elevated inventory relative to sales activity, this suggests buyers may be more selective and financing-sensitive in the short run.

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.