Charlotte, NC 28273 Real Estate Market Report

ZIP Code: 28273
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 median sold price in Charlotte, NC (ZIP: 28273) stands at $369,900, reflecting a stable market environment. This price point indicates a balanced market, as the area has experienced a neutral market temperature, suggesting that buyer and seller conditions are relatively equal. The market has seen a 168-day median days on market, which points to slower sales velocity and may indicate a shift towards a more buyer-friendly landscape compared to previous periods of heightened seller dominance.

Inventory levels are currently elevated, with excess supply relative to sales activity. The median listing price is recorded at $378,000, which creates a notable pricing gap compared to the median sold price. This discrepancy may suggest that sellers are adjusting their expectations in response to market conditions. Additionally, the rental market is softening, with a median market rent of $2,050, indicating potential challenges for landlords as rental prices have shown a year-over-year decline.

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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

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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 the Charlotte NC 28273 area average around 5.99% to 6.03%, which is slightly higher than the January 2026 average of 5.99% for property owners in this market.

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 is $369,900, indicating stable transaction values in the market.

2. With a median days on market of 168, properties are experiencing slower sales velocity, suggesting a shift in market dynamics.

3. The median listing price of $378,000 reflects a pricing gap compared to sold prices, indicating potential adjustments in seller expectations.

4. The median market rent is $2,050, which has shown a year-over-year decline, signaling a softening rental market.

5. Overall, the market temperature is neutral, suggesting a balanced environment between buyers and sellers.

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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.