The story of this market
The typical home in ZIP 28216 sells for about $327,500, or $203 per square foot.
Prices are down 4.11% from a year ago, which gives buyers more room to negotiate. Homes take about 58 days to sell. HUD's fair market rent for a two-bedroom is $1,560 a month.
ZIP 28216 — Charlotte
The residential market in 28216 is currently exhibiting a cautiously optimistic sentiment. Despite a year-over-year decline in median sale prices, the market remains somewhat competitive with a balanced supply-demand dynamic.
This ZIP suits a mix of first-time family buyers seeking more affordable price points than South Charlotte and long-term investors attracted by the rental demand in a developing corridor.
Median prices moved down 4.1% year over year.
Homes spend a median of 58 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.1% · poverty 12.6% — a stable, low-distress profile.
ZCTA 28216, Mecklenburg County NC
The area has a crime safety grade of B, with an overall crime index 16% lower than the Charlotte average. While property crime is a local concern, violent crime rates remain lower than the national average.
The ZIP is served primarily by the Charlotte-Mecklenburg Schools district. Educational outcomes are highly variable, with specialized magnets and charters showing high performance compared to traditional neighborhood schools.
The area faces a relatively high natural-hazard risk at the county level, with common hazards including inland flooding, hail, and strong winds. Some parcels reside within FEMA-designated high-risk flood zones.
Development momentum is driven by proximity to Charlotte’s employment centers and ongoing residential expansion. Infrastructure and zoning shifts in Charlotte continue to influence land use and density in the northwest corridor.
Property taxes are levied by Mecklenburg County and the City of Charlotte. A countywide revaluation is projected to take effect January 1, 2027.
Residents experience a mean commute of approximately 14–25 minutes toward the Charlotte employment core, often relying on major thoroughfares like Brookshire Boulevard.
Proximity to Mountain Island Lake and the U.S. National Whitewater Center provides substantial access to outdoor recreation, trails, and water sports.
The rental market shows modest rent growth; with 49% of the population being renters, there is sustained demand for housing, though vacancy pressure remains balanced.
The local economy is tied to the broader Charlotte metro employment base, with significant concentrations in Finance, Insurance, and Professional Services.
The pipeline is influenced by city-wide density initiatives and infill projects.
Properties are subject to standard municipal and county tax districts, with potential special assessments for specific new-construction subdivisions.
Property owners face typical regional insurance costs, with premiums influenced by flood and wind-related risk factors identified in county-level hazard assessments.
Data retrieved from census.gov ZCTA profiles.
- Carowinds4.415.4 mi
- Great Wolf Lodge | Concord4.310.3 mi
- Frankie's of Charlotte4.55.1 mi
- Activate Games4.915.2 mi
- Ray’s Splash Planet4.46 mi
- Bank of America Stadium4.66.8 mi
- Spectrum Center4.57.1 mi
- Charlotte Motor Speedway4.711.6 mi
- Truliant Amphitheater4.410 mi
- U.S. National Whitewater Center4.77.5 mi
- Great Wolf Lodge | Concord4.310.3 mi
- U.S. National Whitewater Center4.77.5 mi
- NASCAR Hall of Fame4.77.3 mi
- Frankie's of Charlotte4.55.1 mi
- Discovery Place Science4.56.8 mi
- Optimist Hall4.76.8 mi
- NASCAR Hall of Fame4.77.3 mi
- Discovery Place Science4.56.8 mi
- Museum of Illusions Charlotte4.57.1 mi
- Billy Graham Library4.99 mi
- U.S. National Whitewater Center4.77.5 mi
- Freedom Park4.89.2 mi
- CLT Airport overlook4.67.8 mi
- Birkdale Village4.68.6 mi
- Romare Bearden Park4.66.8 mi
- Tailrace Marina4.57.9 mi
- Topgolf Charlotte - Southwest4.412 mi
- Topgolf Charlotte - University4.37 mi
- Puttery4.47.8 mi
- Tipsy Pickle4.86 mi
- Sunset Hills Golf Course3.90.9 mi
- Concord Mills4.49.9 mi
- SouthPark4.512.1 mi
- Charlotte Premium Outlets4.511.5 mi
- Northlake Mall4.33 mi
- Camp North End4.65.9 mi
- Charlotte Douglas International Airport3.98.1 mi
- Concord-Padgett Regional Airport4.410.6 mi
- The Club CLT3.37.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides substantial access to outdoor recreation and water sports.
Major regional attraction for outdoor activities and trails.
Major retail center serving the area.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).