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Charlotte city, NC

ZIP 28214 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28214

Median Home Value
$258,400
Median Rent
$1,407
Affordability Snapshot
$71,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,660/mo PITI).

20%
Rent-to-Income Ratio

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

3.1x
Home Price-to-Income Ratio

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

15.3 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 28214 in Charlotte city, NC, a household would need roughly $71,000 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 $1,660. That sits below the local median household income ($83,618), suggesting the typical household income is closer to a workable buy-in level under these assumptions. 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
74.3%+14% vs US avg
x
Vacancy Rate
6.0%-42% vs US avg
x
Broadband Access
91.7%+5% vs US avg
x
4+ Bedrooms
3.5%-77% vs US avg
x
Built Pre-1939
2.0%-84% vs US avg
x
Built Post-2014
3.0%-57% vs US avg
x
Rent Burden >30%
18.0%-64% vs US avg
x
Mortgage-Free
26.4%-31% vs US avg
x
$258,400
Home Value
$1,407
Rent
1999
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached86.1%
  • 1-unit attached4.6%
  • 2-9 units1.1%
  • 10+ units1.4%
  • Mobile home & other6.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$258,400
Median rent$1,407
Owner-occupied74.3%
Vacant6.0%
Price-to-income3.1x
Est. income to buy$71,000