The story of this market
The typical home in ZIP 28205 sells for about $599,000, or $312 per square foot.
Prices are up +4.2% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 28205 — Charlotte
The 28205 housing market remains highly competitive, characterized by steady price appreciation and strong demand for infill properties. Low inventory levels relative to buyer interest continue to drive a seller-friendly environment, particularly for renovated homes in the Plaza Midwood area. While some figures like specific tax rates are subject to annual adjustment, the overall economic momentum in this ZIP remains positive.
This ZIP is ideal for young professionals, urban-focused families, and investors who value proximity to the city center and a vibrant, walkable lifestyle. It is less suited for those seeking large-lot suburban privacy or top-tier public school rankings.
Median prices moved up 4.2% year over year.
Homes spend a median of 34 days on market with 2.6 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 12.5% — 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 12.0%/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 10.7%/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 28205, Mecklenburg County NC
Crime rates in the 28205 area are generally higher than the national average, with property crime being the most frequently reported issue. The area experiences trends consistent with urban neighborhoods in Charlotte, often requiring standard urban safety precautions.
Schools serving the area are part of the Charlotte-Mecklenburg Schools district, with performance ratings varying significantly by specific school site. Many families in the area supplement public education with local charter or private options.
The area is primarily an urban environment with low wildfire risk, though localized flooding can occur during heavy rain events in low-lying sections near creeks. Standard homeowners insurance is generally available, though premiums are influenced by regional storm exposure.
The area is experiencing significant infill development and gentrification, driven by its proximity to Uptown Charlotte and the Plaza Midwood corridor. Major investment is focused on mixed-use residential and retail projects along the Central Avenue transit corridor.
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 benefit from proximity to Uptown Charlotte, with most commutes being short drives or accessible via the Charlotte Area Transit System (CATS) bus routes. The area is well-connected to major thoroughfares like Independence Boulevard and Central Avenue.
The area features popular urban green spaces such as Veterans Park and the Briarwood neighborhood parks, along with extensive dining and shopping districts in Plaza Midwood and Commonwealth. The nearby Little Sugar Creek Greenway provides significant trail access for cycling and walking.
The rental market is highly active with significant demand for both single-family rentals and apartment units, driven by young professionals and students. Vacancy rates remain low, and rent growth has been steady due to the area's popularity and central location.
The economy is anchored by the broader Charlotte financial and healthcare sectors, with many residents commuting to Uptown or the nearby medical hubs. The local economy within the ZIP is heavily driven by small businesses, hospitality, and retail.
The area is served by a robust network of city bus routes and is positioned near major highway interchanges, facilitating easy access to the regional employment core.
Development is focused on high-density residential infill and the revitalization of older commercial properties along the Central Avenue corridor.
Mecklenburg County utilizes a mass appraisal system with periodic revaluations to ensure property assessments reflect current market conditions.
Parcels are subject to standard municipal and county tax districts, with no specialized MUD or PID structures commonly found in this urban core.
Property insurance remains stable, though the market is sensitive to regional weather patterns and the age of housing stock in the area.
North Carolina continues to see strong net domestic migration, with the Charlotte metro area serving as a primary destination for new residents.
North Carolina is a non-judicial foreclosure state, allowing for a relatively streamlined process for lenders compared to judicial states.
Sellers are required to provide a residential property disclosure statement, covering the condition of the property and known defects.
Data retrieved from Census Reporter and data.census.gov ZCTA profiles.
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.
- Carowinds4.411.7 mi
- Great Wolf Lodge | Concord4.310.5 mi
- Frankie's of Charlotte4.510.3 mi
- Activate Games4.97.1 mi
- Ray’s Splash Planet4.43.1 mi
- Bank of America Stadium4.63 mi
- Spectrum Center4.52.3 mi
- Charlotte Motor Speedway4.710.8 mi
- Truliant Amphitheater4.48.6 mi
- U.S. National Whitewater Center4.712.1 mi
- Great Wolf Lodge | Concord4.310.5 mi
- NASCAR Hall of Fame4.72.6 mi
- U.S. National Whitewater Center4.712.1 mi
- Frankie's of Charlotte4.510.3 mi
- Discovery Place Science4.52.4 mi
- Optimist Hall4.71.7 mi
- NASCAR Hall of Fame4.72.6 mi
- Discovery Place Science4.52.4 mi
- Museum of Illusions Charlotte4.52.8 mi
- Billy Graham Library4.96.7 mi
- U.S. National Whitewater Center4.712.1 mi
- Freedom Park4.83.5 mi
- CLT Airport overlook4.69.2 mi
- Romare Bearden Park4.62.7 mi
- Reedy Creek Nature Preserve4.85.5 mi
- Topgolf Charlotte - Southwest4.49.7 mi
- Topgolf Charlotte - University4.34.5 mi
- Puttery4.43.9 mi
- Tipsy Pickle4.82.3 mi
- Sunset Hills Golf Course3.97.5 mi
- Concord Mills4.410.8 mi
- SouthPark4.55.5 mi
- Charlotte Premium Outlets4.510.5 mi
- Northlake Mall4.39.2 mi
- Carolina Place4.410.9 mi
- Charlotte Douglas International Airport3.98.8 mi
- Concord-Padgett Regional Airport4.411.7 mi
- The Club CLT3.38.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A popular community park featuring sports fields and playgrounds.
A historic and vibrant commercial district known for eclectic shops and restaurants.
A major urban trail system providing connectivity for pedestrians and cyclists.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.