The story of this market
The typical home in ZIP 28173 sells for about $704,610, or $240 per square foot.
Prices are roughly flat from a year ago (+0.3%), a market in balance. Homes take about 49 days to sell. HUD's fair market rent for a two-bedroom is $2,450 a month.
ZIP 28173 — Waxhaw
The 28173 housing market remains stable with high home values and steady demand driven by the area's reputation for quality schools and suburban lifestyle. While inventory has increased slightly, the market continues to favor sellers due to limited supply of high-quality single-family homes. Price growth has moderated compared to previous years, reflecting a more balanced market environment.
This ZIP is ideal for families seeking high-quality schools and suburban space, as well as commuters who prefer a quieter residential environment within reach of Charlotte.
Median prices moved up 0.3% year over year.
Homes spend a median of 49 days on market with 4.7 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 4.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 28173, Union County NC
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Waxhaw generally maintains a lower crime rate compared to the broader Charlotte metropolitan area, with property crime being the primary concern.
The area is served by highly-rated schools within the Union County Public Schools system, which is a primary driver for family relocation to the ZIP.
The region faces standard risks for the North Carolina Piedmont, including occasional severe thunderstorms and high winds; flood risk is localized to specific low-lying areas.
The area is experiencing significant suburban expansion with ongoing residential development and infrastructure improvements to support the growing population.
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 by car to the Charlotte employment core, with travel times typically ranging from 30 to 45 minutes depending on traffic conditions.
The area features extensive greenways, local parks like Cane Creek Park, and proximity to golf courses and shopping centers in the downtown Waxhaw district.
The rental market is characterized by moderate vacancy pressure and steady demand, with a mix of long-term residential rentals and limited short-term vacation activity.
The local economy is heavily influenced by the proximity to Charlotte's financial and professional services sectors, with a growing local retail and service base.
Transportation is primarily highway-dependent, with major corridors including NC-75 and NC-16 providing access to the Charlotte metro area.
Development is focused on mixed-use residential projects and infrastructure upgrades to support the rapid population growth.
The Union County Tax Assessor conducts periodic revaluations to ensure property assessments align with current market values.
Parcels may be subject to municipal taxes, school district levies, and potential HOA-managed special assessments.
Property insurance premiums are influenced by regional weather patterns, with standard coverage for wind and hail being essential for homeowners.
North Carolina continues to see positive net domestic migration, with the Charlotte metro area being a primary destination for new residents.
North Carolina utilizes a non-judicial foreclosure process, which generally allows for a faster timeline than judicial states.
Sellers are required to provide a Residential Property and Owners' Association Disclosure Statement to buyers at the time of contract.
Data retrieved from data.census.gov ZCTA-level tables.
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.
Large regional park offering boating, fishing, and camping.
Historic district with local boutiques and restaurants.
Public golf course serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.