The story of this market
The typical home in ZIP 28277 sells for about $669,000, or $901 per square foot.
Prices are up +13.8% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,882 a month.
ZIP 28277 — Charlotte
The 28277 housing market remains competitive with a median sale price of $669,000, reflecting a 13.8% year-over-year increase. Demand is driven by the area's strong school ratings and proximity to the Ballantyne corporate corridor, keeping inventory tight despite broader market fluctuations.
This ZIP is ideal for family buyers seeking high-quality schools and professionals working in the nearby corporate corridors, as well as investors targeting a stable, high-demand suburban market.
Median prices moved up 13.8% year over year.
Homes spend a median of 42 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 4.5% — a stable, low-distress profile.
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 12.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 28277, 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.
The area is served by highly-rated schools within the Charlotte-Mecklenburg school system, which is a primary draw for families in the Ballantyne region.
The area features significant corporate presence and ongoing mixed-use development, particularly centered around the Ballantyne business district and infrastructure expansions.
Property taxes are assessed by Mecklenburg County based on the fair market value of real estate, with rates determined by the combined city and county tax levies.
Residents primarily commute via I-485 and US-521, providing access to the Uptown Charlotte employment core, though traffic congestion is common during peak hours.
The area offers extensive access to greenways, local parks, and the Ballantyne Village shopping and dining district, with proximity to several golf courses.
The rental market is robust with high demand for multi-family units, supported by the area's strong employment base and proximity to corporate campuses.
The economy is anchored by the Ballantyne corporate park, which hosts numerous regional and national headquarters in finance, technology, and professional services.
The area is served by major highway corridors including I-485, facilitating regional connectivity, though public transit options remain limited compared to the city center.
Ongoing development includes continued expansion of mixed-use projects and corporate office space within the Ballantyne area.
Mecklenburg County performs regular property assessments to determine taxable value for all real estate parcels.
Parcels are subject to Mecklenburg County and City of Charlotte tax jurisdictions, with additional service districts for utilities and fire protection.
Data retrieved from data.census.gov ZCTA-level tables.
- Carowinds4.47.6 mi
- Activate Games4.97.6 mi
- Ray’s Splash Planet4.412.9 mi
- Victory Lane Indoor Karting4.515.1 mi
- Big Air Trampoline Park4.58.2 mi
- Bank of America Stadium4.612 mi
- Spectrum Center4.511.9 mi
- Truliant Amphitheater4.419.9 mi
- NASCAR Hall of Fame4.711.7 mi
- U.S. National Whitewater Center4.718.3 mi
- NASCAR Hall of Fame4.711.7 mi
- Regal Stonecrest at Piper Glen4.40.6 mi
- Freedom Park4.89.6 mi
- Discovery Place Science4.512.2 mi
- Museum of Illusions Charlotte4.511.8 mi
- Optimist Hall4.712.5 mi
- NASCAR Hall of Fame4.711.7 mi
- Discovery Place Science4.512.2 mi
- Museum of Illusions Charlotte4.511.8 mi
- Billy Graham Library4.910.7 mi
- Freedom Park4.89.6 mi
- Romare Bearden Park4.612.1 mi
- McAlpine Creek Park4.78.1 mi
- Park Road Park4.66.9 mi
- Ebenezer Park4.512.7 mi
- Topgolf Charlotte - Southwest4.49.8 mi
- Puttery4.411 mi
- Leatherman Golf Learning Center4.69.2 mi
- Dr. Charles L. Sifford Golf Course4.411.4 mi
- Springfield Golf Club4.45.2 mi
- SouthPark4.56.8 mi
- Charlotte Premium Outlets4.511.6 mi
- Carolina Place4.43.7 mi
- Publix Super Market at Shops at Southline4.510.8 mi
- Super G Mart Charlotte4.48.9 mi
- Charlotte Douglas International Airport3.913.5 mi
- Concord-Padgett Regional Airport4.423.4 mi
- The Club CLT3.313.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major retail and entertainment hub serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.