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Charlotte city, NC

ZIP 28278 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 28278

Median Home Value
$413,400
Median Rent
$1,609
Affordability Snapshot
$114,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,656/mo PITI).

16%
Rent-to-Income Ratio

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

3.4x
Home Price-to-Income Ratio

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

21.4 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 28278 in Charlotte city, NC, a household would need roughly $114,000 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 $2,656. That is roughly in line with the local median household income ($121,366). 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
76.0%+16% vs US avg
x
Vacancy Rate
5.5%-47% vs US avg
x
Broadband Access
96.5%+11% vs US avg
x
4+ Bedrooms
13.9%-6% vs US avg
x
Built Pre-1939
0.3%-98% vs US avg
x
Built Post-2014
5.9%-14% vs US avg
x
Rent Burden >30%
18.1%-64% vs US avg
x
Mortgage-Free
18.3%-52% vs US avg
x
$413,400
Home Value
$1,609
Rent
2008
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

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

  • 1-unit detached77.4%
  • 1-unit attached7.7%
  • 2-9 units2.0%
  • 10+ units12.4%
  • Mobile home & other0.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$413,400
Median rent$1,609
Owner-occupied76.0%
Vacant5.5%
Price-to-income3.4x
Est. income to buy$114,000