Charlotte, NC 28273 Real Estate Market Report

ZIP Code: 28273
Report Date: May 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.

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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. median sold price 359,150 is the primary indicator of market value in ZIP 28273; recent transaction data suggests this level is a representative recent sale and should be used over asking prices when setting offer or comp targets. use sold prices for valuation

2. There is a significant gap between median listing price 412,500 and the median sold price, which may indicate seller pricing expectations above realized transaction levels and could create pricing friction during negotiations.

3. Lengthy selling timelines are evident with median days on market 204, which suggests slower sales velocity and may require sellers to allow more time for market exposure or offer price concessions to accelerate closings.

4. Market context shows price year-over-year trend up and rent year-over-year trend up, while market temperature neutral and interest rate pressure moderate together imply a balanced to cautious environment where modest appreciation is likely but buyers may remain selective. rents rising supports investor interest, though financing conditions are a moderating factor.

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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.