The story of this market
The typical home in ZIP 28206 sells for about $402,000, or $273 per square foot.
Prices are down 21.1% from a year ago, which gives buyers more room to negotiate. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $1,000 a month.
ZIP 28206 — Charlotte
The 28206 housing market is experiencing a significant year-over-year price decline of 21.1%, with a median sale price of $402,000. Market activity is currently characterized as somewhat competitive, though specific inventory and sales volume metrics remain limited or unavailable for this ZIP code.
This ZIP code is suitable for budget-conscious buyers and investors looking for lower-cost housing options compared to surrounding Charlotte areas.
Median prices moved down 21.1% year over year.
Homes spend a median of 50 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — 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 9.5%/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 8.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
The area experiences higher-than-average property crime rates compared to the broader Charlotte region, with localized hotspots near major transit corridors.
Schools serving the area are part of the Charlotte-Mecklenburg school system, with performance ratings generally ranging from below average to average.
The area is not in a high-risk flood zone, though localized urban drainage issues can occur during extreme weather events.
The ZIP is experiencing significant urban infill and redevelopment, driven by its proximity to the NoDa and Uptown Charlotte employment hubs.
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 the LYNX Blue Line light rail, providing direct access to Uptown Charlotte and the University area.
The area features access to the Little Sugar Creek Greenway and several neighborhood parks, with proximity to the vibrant dining and arts scene in NoDa.
Rentals are most commonly 1-bedroom units with rents starting at $1,000 per month, while 2-bedroom units typically range from $750 to $999.
The economy is anchored by the financial services sector in nearby Uptown Charlotte, supplemented by a growing creative and tech industry presence in the North End.
The area is well-served by the LYNX Blue Line and major thoroughfares like North Tryon Street, facilitating easy access to the regional employment core.
Significant development is focused on the North End corridor, with multiple mixed-use projects approved to increase density near transit stations.
Mecklenburg County conducts property revaluations periodically to ensure assessments reflect current market conditions.
Parcels are subject to Charlotte-Mecklenburg Schools district taxes and various municipal service districts.
Property insurance premiums are stable but reflect the regional risk profile for wind and hail common in the Piedmont region.
North Carolina continues to see strong net domestic migration, particularly from the Northeast and Midwest, driving demand in urban centers like Charlotte.
North Carolina is a non-judicial foreclosure state, allowing for a relatively streamlined process for lenders.
Sellers are required to provide a Residential Property and Owners' Association Disclosure Statement to buyers.
Data sourced from UnitedStatesZipCodes.org; specific ACS vintage not provided.
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.
- Carowinds4.412.4 mi
- Great Wolf Lodge | Concord4.39.8 mi
- Frankie's of Charlotte4.58.1 mi
- Activate Games4.99.6 mi
- Ray’s Splash Planet4.41.8 mi
- Bank of America Stadium4.62.5 mi
- Spectrum Center4.52.2 mi
- Charlotte Motor Speedway4.710.4 mi
- Truliant Amphitheater4.48.2 mi
- U.S. National Whitewater Center4.710.2 mi
- Great Wolf Lodge | Concord4.39.8 mi
- U.S. National Whitewater Center4.710.2 mi
- NASCAR Hall of Fame4.72.6 mi
- Frankie's of Charlotte4.58.1 mi
- Discovery Place Science4.52 mi
- Optimist Hall4.71.5 mi
- NASCAR Hall of Fame4.72.6 mi
- Discovery Place Science4.52 mi
- Museum of Illusions Charlotte4.52.6 mi
- Billy Graham Library4.96.5 mi
- U.S. National Whitewater Center4.710.2 mi
- Freedom Park4.84.5 mi
- CLT Airport overlook4.67.9 mi
- Romare Bearden Park4.62.3 mi
- Reedy Creek Nature Preserve4.86.5 mi
- Topgolf Charlotte - Southwest4.49.7 mi
- Topgolf Charlotte - University4.33.9 mi
- Puttery4.43.8 mi
- Tipsy Pickle4.80.7 mi
- Sunset Hills Golf Course3.94.9 mi
- Concord Mills4.49.8 mi
- SouthPark4.57.2 mi
- Charlotte Premium Outlets4.510.1 mi
- Northlake Mall4.36.8 mi
- Carolina Place4.412.3 mi
- Charlotte Douglas International Airport3.97.7 mi
- Concord-Padgett Regional Airport4.410.7 mi
- The Club CLT3.37.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic arts district known for galleries, live music venues, and diverse dining.
A major urban trail system providing recreational space and connectivity to Uptown.
A community park featuring sports facilities, a pool, and green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.