The story of this market
The typical home in ZIP 28097 sells for about $419,689, or $186 per square foot.
Prices are up +14% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $876 a month.
ZIP 28097 — Locust
The 28097 housing market shows significant year-over-year price appreciation of 14.0%, with a median sale price of $419,689 as of April 2026. Market data for active inventory, sales counts, and specific tax rates are not currently published for this ZIP code. The area is primarily composed of single-family detached homes and maintains a stable, albeit car-dependent, residential profile.
This ZIP fits a narrow investor profile and family buyers looking for suburban-style detached housing, though buyers should be aware of the specific local market dynamics.
Median prices moved up 14.0% year over year.
Homes spend a median of 68 days on market with 0.0 months of supply — a balanced-paced 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) · unemployment 2.4% · poverty 13.4% — a stable, low-distress profile.
ZCTA 28097
The vast majority of residents (92.3%) commute by driving, reflecting a car-dependent suburban and rural profile.
The area features local residential subdivisions and proximity to rural landscapes, with shopping and dining options centered in the Locust community.
The rental market is characterized by an 18% renter share with a landlord-friendly climate and moderate eviction processes.
The local economy is primarily residential with a mix of single-family detached homes and some mobile home housing stock.
Data sourced from Repit and United States Zip Codes; specific ACS vintage not provided.
- Great Wolf Lodge | Concord4.318.1 mi
- Urban Air Trampoline and Adventure Park4.318.3 mi
- Dave & Buster's Concord418.9 mi
- K1 Speed Concord4.419.1 mi
- Big Air Trampoline Park4.819.7 mi
- Charlotte Motor Speedway4.716.5 mi
- Truliant Amphitheater4.417.6 mi
- Cabarrus Arena & Events Center4.48.1 mi
- zMAX Dragway4.816.7 mi
- Village Park4.819 mi
- Frank Liske Park4.813 mi
- Rob Wallace Park4.77.9 mi
- Les Myers Park4.611.2 mi
- Southern Grace Distilleries4.96.6 mi
- W W Flowe Park4.511.1 mi
- Reed Gold Mine4.74 mi
- Reedy Creek Nature Center4.718.3 mi
- Hendrick Motorsports4.717.6 mi
- Hendrick Motorsports Museum and Team Store4.817.6 mi
- Mustang Owner's Museum4.815.9 mi
- Frank Liske Park4.813 mi
- Rob Wallace Park4.77.9 mi
- Camp T.N. Spencer Park4.612.1 mi
- J.W. (Mickey) McGee Park4.712.1 mi
- Les Myers Park4.611.2 mi
- Lilly's Bridge Marina4.719.6 mi
- Red Bridge Golf Club4.54.4 mi
- T.J. Maxx4.412.8 mi
- Dollar General4.210.4 mi
- Ross Dress for Less4.412.7 mi
- Friendly Chevrolet4.712.9 mi
- Concord-Padgett Regional Airport4.418.5 mi
- Taxi Charlotte. NC Yellow Taxi Charlotte3.518.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).