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Area data

Charlotte, NC — ZIP 28203

Population: 18,823 (Census ACS)

Home values & appreciation

Median home value
$682,158
1-year appreciation
+0.8%
3-year appreciation
+5.1%
5-year appreciation
+17.9%
10-year appreciation
+73.9%
All-time peak (2026-03)
$687,302
House Price Index
438.2 (+1.0% YoY)

Market activity

Median sale price
$707,500
Median list price
$752,500
Median days on market
118 days
Sale-to-list ratio
98.1%
Active listings
30
1-year forecast
+0.3%
New listings (monthly)
31

Rents

Typical rent
$2,085/mo
1-year rent change
+2.7%
1BR fair-market rent
$2,310/mo
3BR fair-market rent
$3,120/mo

Affordability

Cost of living index (Below Average)
92.5 (100 = US avg)
Electricity rate (state-level)
14.0¢/kWh
Natural gas rate (state-level)
$16.40/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
2
Elementary schools
2
Middle schools
0
High schools
0

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
hail, iceStorm, inlandFlooding, lightning, strongWind
FEMA flood zone
C
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
63.0°F
Average high
72.0°F
Average low
53.0°F
Annual precipitation
43.0 in
Annual snowfall
0.4 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
51
Days with Good air quality
174

Walkability & transit

Walkability index
16.3 / 20
Transit service frequency
610

Amenities

National parks within ~60 mi
3
Nearest national park
Overmountain Victory National Historic Trail (30 mi)
Nearest airport
Charlotte Douglas International Airport (CLT) (5 mi)
Nearest major airport
Charlotte Douglas International Airport (CLT) (5 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
3.0 / 5
Solar radiation rating
Good (4.5 kWh/m²/day)

Migration

Net migration
+2,576 tax filers

Housing stock

Median year housing built
2,008
Median annual property tax
$5,707
Mean commute to work
15 min
Households with broadband internet
88.1%

Employment & development

Total county employment
702,912
Average weekly wage
$1,647
Top industries (by employment)
Finance & Insurance, Professional Services, Accommodation & Food
Annual residential building permits (county)
6,496

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents