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Area data

Charlotte, NC — ZIP 28227

Population: 60,482 (Census ACS)

Home values & appreciation

Median home value
$391,059
1-year appreciation
+0.1%
3-year appreciation
+3.0%
5-year appreciation
+25.5%
10-year appreciation
+116.3%
All-time peak (2025-01)
$396,600
House Price Index
438.2 (+1.0% YoY)

Market activity

Median sale price
$319,240
Median list price
$314,736
Median days on market
78.5 days
Sale-to-list ratio
99.0%
Active listings
25
1-year forecast
+0.4%
Days to pending
37 days
New listings (monthly)
83

Rents

Typical rent
$1,747/mo
1-year rent change
-1.3%
1BR fair-market rent
$1,660/mo
3BR fair-market rent
$2,240/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
7
Elementary schools
3
Middle schools
1
High schools
2
Charter schools
1

Natural hazards & flood risk

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

Climate (30-year normals)

Annual precipitation
45.7 in

Air quality

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

Walkability & transit

Walkability index
5.0 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
2
Nearest national park
Overmountain Victory National Historic Trail (42 mi)
Nearest airport
Goose Creek Airport (6 mi)
Nearest major airport
Concord-Padgett Regional Airport (USA) (14 mi)
Hospitals nearby (~15 mi)
7
Avg hospital rating
3.3 / 5
Solar radiation rating
Good (4.5 kWh/m²/day)

Migration

Net migration
+2,576 tax filers

Housing stock

Median year housing built
1,988
Median annual property tax
$2,450
Mean commute to work
23 min
Households with broadband internet
83.9%

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