The story of this market
The typical home in ZIP 28110 sells for about $433,555, or $205 per square foot.
Prices are down 3.58% from a year ago, which gives buyers more room to negotiate. Homes take about 60 days to sell. HUD's fair market rent for a two-bedroom is $2,092 a month.
ZIP 28110 — Monroe
The 28110 housing market is currently experiencing a cooling phase with a slight year-over-year decline in median listing prices. High inventory levels relative to sales volume suggest a shift toward a more balanced market for buyers. Demand remains steady, though price sensitivity has increased among potential homeowners.
This ZIP is well-suited for families and commuters seeking suburban living with access to the Charlotte employment core, offering a mix of single-family homes and townhouses.
Median prices moved down 3.6% year over year.
Homes spend a median of 60 days on market with 7.7 months of supply — a balanced-paced market.
35% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 8.3% · poverty 8.3% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 28110, Union County NC
The area is served by the Union County Public Schools district, which generally maintains a positive reputation within the region.
The area is experiencing steady suburban growth as part of the greater Charlotte metropolitan expansion, with ongoing residential development.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (North Carolina) — Tax Lien Attachment: A tax lien attaches to all real property, taking priority over all other liens and encumbrances regardless of when they were created. State (North Carolina) — Ad Valorem Property Tax: Tax is calculated by multiplying the assessed value of the property by the combined state and local tax rate. The formula is: Tax = (Assessed Value / 100) * Tax Rate.
Residents primarily commute via US-74 toward Charlotte, with travel times varying significantly based on traffic congestion.
The area features local parks and proximity to regional recreational facilities in Monroe, offering a mix of outdoor spaces and suburban shopping centers.
The rental market shows moderate demand with a median rent of $2,092, reflecting a 4.08% year-over-year increase.
The local economy is anchored by manufacturing, healthcare, and retail sectors, benefiting from its proximity to the Charlotte labor market.
The area is primarily served by highway corridors, with limited public transit options, necessitating personal vehicle use for most commutes.
Ongoing residential subdivision development continues to expand the housing stock in the outskirts of Monroe.
Union County utilizes a mass appraisal system for property tax assessments, with periodic revaluations conducted to reflect market value changes.
Parcels may be subject to municipal taxes, school district levies, and potential special service district assessments.
Property insurance premiums are influenced by regional hazard profiles, including wind and storm risks common to the North Carolina Piedmont.
Data retrieved from US Census Bureau ACS tables for ZCTA 28110.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides various community parks and green spaces throughout the Monroe area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.