Charlotte, NC 28270 Real Estate Market Report

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

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Executive Overview

As of February 2026, the real estate market in Charlotte, NC (ZIP: 28270) reflects a median sold price of $675,000, indicating a stable market environment. The neighborhood has increased 15% since 2023, showcasing a positive trend in property values. Despite this appreciation, the market is experiencing elevated inventory levels, suggesting a shift toward equilibrium, where buyers may have more negotiating power compared to previous years.

The median days on market stands at 157 days, indicating slower sales velocity and a potential buyer caution in decision-making. The current median listing price of $749,900 highlights a notable gap between asking and sold prices, which may create pricing friction for sellers. Overall, while the market shows signs of strength, the elevated inventory and extended days on market suggest a more balanced landscape, with buyers gaining leverage in negotiations.

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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

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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 Charlotte NC around 5.8% are notably lower than the average 6.5% observed for 2026 originations, suggesting a favorable cost opportunity for refinancing.

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 of $675,000 reflects a strong market trend, having increased 15% since 2023, indicating ongoing demand.

2. With a median days on market of 157, the market is experiencing slower sales velocity, suggesting a need for sellers to adjust expectations.

3. The median listing price of $749,900 creates a significant gap from sold prices, which may indicate pricing friction for sellers.

4. Current market conditions show elevated inventory levels, suggesting caution as buyers gain negotiating leverage.

5. The median market rent of $2,720 indicates a stable rental environment, although the year-over-year trend shows a down movement.

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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.