The story of this market
The typical home in ZIP 28204 sells for about $581,325, or $308 per square foot.
Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $2,300 a month.
ZIP 28204 — Charlotte
The 28204 housing market is a high-value urban enclave in Charlotte with a median home value exceeding $580,000. Market activity is driven by its central location and appeal to professionals, though specific metrics like months of supply and price-cut percentages are not currently published at the ZIP level.
This ZIP is well-suited for urban professionals and commuters who value proximity to downtown Charlotte and a walkable neighborhood environment.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 45 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — 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 9.5%/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 8.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
ZCTA 28204, Mecklenburg County, NC
The Elizabeth neighborhood within 28204 generally experiences lower violent crime rates compared to the broader Charlotte urban core, though property crime remains a standard urban concern.
Schools serving the area are part of the Charlotte-Mecklenburg Schools system, which features a mix of highly rated magnet programs and neighborhood schools with varying performance metrics.
The area is primarily an urban environment with low wildfire risk; flood risk is localized to specific low-lying areas near Independence Park and nearby creek corridors.
The area benefits from proximity to Charlotte's central business district and ongoing urban infill 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 enjoy a short commute to the Charlotte employment core, with a mean travel time of approximately 23.4 minutes.
The ZIP includes access to urban parks and is situated near the cultural and dining amenities of the Elizabeth neighborhood.
The rental market is characterized by a high renter share, with median rents around $2,300 per month.
The local economy is driven by the broader Charlotte-Concord-Gastonia metro area, which features a strong mix of financial services, healthcare, and corporate headquarters.
The area is served by the CityLYNX Gold Line streetcar and multiple bus routes, providing efficient transit access to the Charlotte central business district.
Development is focused on high-density residential infill and the preservation of historic character, with strict zoning oversight in the Elizabeth neighborhood.
Mecklenburg County utilizes a mass appraisal system with periodic revaluations to determine property tax assessments.
Parcels are subject to Charlotte-Mecklenburg Schools district taxes and municipal service districts for the City of Charlotte.
Property insurance premiums in this urban core are generally stable, though proximity to mature trees and older infrastructure can influence specific policy pricing.
North Carolina continues to see strong net domestic migration, with Charlotte serving as a primary destination for professionals relocating from the Northeast and Midwest.
North Carolina is a non-judicial foreclosure state, allowing for a relatively streamlined process for lenders compared to judicial states.
North Carolina is a 'caveat emptor' (buyer beware) state, though sellers are required to provide a Residential Property and Owners' Association Disclosure Statement.
Data retrieved from Census Reporter ZCTA 28204 profile.
- Carowinds4.410 mi
- Great Wolf Lodge | Concord4.312.1 mi
- Frankie's of Charlotte4.510.9 mi
- Activate Games4.97.5 mi
- Ray’s Splash Planet4.42 mi
- Bank of America Stadium4.61.5 mi
- Spectrum Center4.50.9 mi
- Charlotte Motor Speedway4.712.5 mi
- Truliant Amphitheater4.410.2 mi
- U.S. National Whitewater Center4.710.7 mi
- Great Wolf Lodge | Concord4.312.1 mi
- U.S. National Whitewater Center4.710.7 mi
- NASCAR Hall of Fame4.70.9 mi
- Frankie's of Charlotte4.510.9 mi
- Discovery Place Science4.51.2 mi
- Optimist Hall4.71.3 mi
- NASCAR Hall of Fame4.70.9 mi
- Discovery Place Science4.51.2 mi
- Museum of Illusions Charlotte4.51.2 mi
- Billy Graham Library4.94.8 mi
- U.S. National Whitewater Center4.710.7 mi
- Freedom Park4.81.8 mi
- CLT Airport overlook4.67.5 mi
- Romare Bearden Park4.61.3 mi
- Reedy Creek Nature Preserve4.87.4 mi
- Topgolf Charlotte - Southwest4.47.8 mi
- Topgolf Charlotte - University4.36 mi
- Puttery4.42 mi
- Tipsy Pickle4.82.2 mi
- Sunset Hills Golf Course3.97.2 mi
- Concord Mills4.412.2 mi
- SouthPark4.54.4 mi
- Charlotte Premium Outlets4.58.6 mi
- Northlake Mall4.39.6 mi
- Carolina Place4.49.6 mi
- Charlotte Douglas International Airport3.97 mi
- Concord-Padgett Regional Airport4.413.1 mi
- The Club CLT3.36.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic area known for its dining, shopping, and proximity to downtown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.