The story of this market
The typical home in ZIP 28217 sells for about $425,000, or $235 per square foot.
Prices are down 9.71% from a year ago, which gives buyers more room to negotiate. Homes take about 26 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,600 a month.
ZIP 28217 — Charlotte
The 28217 housing market is currently experiencing a correction in home values, with a year-over-year decline of 9.71% despite a median listing price of $425K. While days on market have increased, the area remains a competitive hub for workforce housing due to its proximity to major employment centers. Rental demand remains robust with consistent year-over-year growth.
This ZIP is well-suited for commuters and workforce buyers seeking proximity to the airport and Uptown, as well as investors looking for value-add opportunities in a high-demand metro area.
Median prices moved down 9.7% year over year.
Homes spend a median of 26 days on market with 4.5 months of supply — a fast-moving market.
10% 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 6.5% · poverty 18.4% — a mixed stability 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 11.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 28217, Mecklenburg 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.
Schools in the area are part of the Charlotte-Mecklenburg school system, with performance varying significantly by specific school site.
The area is generally outside of FEMA-designated flood zones, though local watershed districts like Irwin Creek are monitored for post-construction runoff.
The area benefits from proximity to the Charlotte Douglas International Airport and major industrial corridors, driving consistent demand for logistics and workforce housing.
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 a mean travel time to work of approximately 23.2 minutes, with strong access to the Uptown Charlotte employment core via I-77 and public transit corridors.
The area features proximity to local parks and greenways, with shopping and dining options concentrated along the Old Pineville Road and South Boulevard corridors.
The rental market shows steady demand with an 8.07% year-over-year rent growth, reflecting pressure from the broader Charlotte metro housing shortage.
The economy is anchored by logistics, aviation, and manufacturing sectors, heavily influenced by the proximity to Charlotte Douglas International Airport.
The area is served by major highway corridors including I-77 and I-485, facilitating regional connectivity.
Development is focused on infill residential projects and industrial expansion near the airport corridor.
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 various municipal service districts.
Property insurance premiums are influenced by regional weather patterns and proximity to urban infrastructure.
Data retrieved from Census Reporter and IncomeByZipCode.
- Carowinds4.45.4 mi
- Great Wolf Lodge | Concord4.316.9 mi
- Frankie's of Charlotte4.514.4 mi
- Activate Games4.99.9 mi
- Ray’s Splash Planet4.45.3 mi
- Bank of America Stadium4.64.6 mi
- Spectrum Center4.55.1 mi
- Charlotte Motor Speedway4.717.4 mi
- Truliant Amphitheater4.415.2 mi
- U.S. National Whitewater Center4.78.8 mi
- U.S. National Whitewater Center4.78.8 mi
- NASCAR Hall of Fame4.74.7 mi
- Discovery Place Science4.55.2 mi
- Regal Stonecrest at Piper Glen4.49.1 mi
- Freedom Park4.83.6 mi
- Optimist Hall4.76 mi
- NASCAR Hall of Fame4.74.7 mi
- Discovery Place Science4.55.2 mi
- Museum of Illusions Charlotte4.54.6 mi
- Billy Graham Library4.91.2 mi
- U.S. National Whitewater Center4.78.8 mi
- Freedom Park4.83.6 mi
- CLT Airport overlook4.64.8 mi
- Daniel Stowe Conservancy4.58.7 mi
- Romare Bearden Park4.64.8 mi
- Topgolf Charlotte - Southwest4.42.7 mi
- Topgolf Charlotte - University4.310.9 mi
- Puttery4.43.3 mi
- Tipsy Pickle4.86.5 mi
- Sunset Hills Golf Course3.99.3 mi
- SouthPark4.54.4 mi
- Charlotte Premium Outlets4.53.8 mi
- Carolina Place4.46.6 mi
- Northlake Mall4.312.7 mi
- Camp North End4.66.4 mi
- Charlotte Douglas International Airport3.94 mi
- Concord-Padgett Regional Airport4.417.8 mi
- The Club CLT3.34.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides recreational walking and biking access through the area.
Major regional anchor and employment hub located adjacent to the ZIP.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.