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Charlotte city, NC

ZIP 28215 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28215

Median Home Value
$273,800
Median Rent
$1,135
Affordability Snapshot
$75,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,759/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

20.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 28215 in Charlotte city, NC, a household would need roughly $75,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,759. That is roughly in line with the local median household income ($66,065). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
65.7%+0% vs US avg
x
Vacancy Rate
6.6%-36% vs US avg
x
Broadband Access
92.2%+6% vs US avg
x
4+ Bedrooms
2.5%-83% vs US avg
x
Built Pre-1939
1.2%-90% vs US avg
x
Built Post-2014
3.0%-57% vs US avg
x
Rent Burden >30%
25.1%-50% vs US avg
x
Mortgage-Free
24.3%-36% vs US avg
x
$273,800
Home Value
$1,135
Rent
1993
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached74.1%
  • 1-unit attached5.4%
  • 2-9 units9.0%
  • 10+ units8.9%
  • Mobile home & other2.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$273,800
Median rent$1,135
Owner-occupied65.7%
Vacant6.6%
Price-to-income4.1x
Est. income to buy$75,000