Housing in 28216 Charlotte, NC is significantly more expensive than the national median value of $338,100. In 28216 Charlotte, NC, the median housing value is at $318,300 and it has seen an impressive 1 year appreciation rate of 16.47%. This far outstrips the national average of 8.27% for house appreciation in the past year. With such high prices and strong appreciation rates in 28216 Charlotte, NC, it's clear that housing here is a valuable investment.
The median home cost in Charlotte (zip 28216) is $318,300. Home appreciation the last 10 years has been 164.3%. Home Appreciation in Charlotte (zip 28216) is up 23.6%.
Average Age of Homes
- The median age of Charlotte (zip 28216) real estate is 22 years old
The Rental Market in Charlotte (zip 28216)
- Renters make up 33.8% of the Charlotte (zip 28216) population
- 2.9% of houses and apartments in Charlotte (zip 28216), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.