Charlotte, NC 28273 Real Estate Market Report

ZIP Code: 28273
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

The real estate market in Charlotte, NC (ZIP: 28273) shows a median sold price of $355,000, reflecting a stable market environment. While specific historical sold price change data is not available, the current price indicates a solid foundation for property values in the area. The market is characterized by moderate price appreciation, supported by ongoing job growth and a steady influx of new residents, which keeps demand relatively strong despite the current inventory dynamics.

Transaction activity appears to be moderate, with median days on market recorded at 217 days, suggesting a slower sales velocity. The inventory levels are elevated, indicating an excess supply relative to sales activity. This could suggest potential pricing friction as buyers navigate through a larger selection of properties, although the overall market temperature remains neutral to slightly warm, favoring sellers in certain segments.

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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.

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Key Findings

1. The median listing price stands at $369,950, indicating seller expectations may be higher than current market realities.

2. The median days on market of 217 days suggests a slower sales velocity, which may indicate a need for price adjustments in some listings.

3. With a median market rent of $2,050, rental demand remains strong, supporting property values in the area.

4. The market temperature is currently neutral, suggesting a balanced environment for buyers and sellers, although some areas may still favor sellers.

5. The price year-over-year trend is up, indicating a positive trajectory for property values despite elevated inventory levels.

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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.