Welcome to our 28211 real estate data hub, tailored for investors in Charlotte, NC. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 28211 in Charlotte, NC. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MECKLENBURG COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Charlotte, NC real estate investing. Uncover the wealth of information available, and position yourself for success in the Charlotte property market.
-
Location Overview
- Zip Code: 28211
- City: Charlotte
- State: NC
- Metro Area: Charlotte-Concord-Gastonia, NC-SC
- County Name: MECKLENBURG COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $736,861
- Average Home Price (Single Family Homes): $787,647
- Average Monthly Rental Price (All Types): $2,248
- Price-to-Rent Ratio: 27
- Zillow Projected % appreciation from 4/2023-4/2024: 3%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,550
- Average 3 Bedroom Section 8 Rental Rates: $1,970
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 39.62
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 31.17
- Number of Units Offered in Section 8 in the County: 1820
- Number of Occupied Units in Section 8 in the County: 1732
- Percentage of Section 8 Units Occupied in the County: 95.19999695%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 345.68
- Total % Appreciation since 2000 (Government Data): 190.79
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.33%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.83%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 41.67%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 58.22%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 138.49%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 104.62%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 178.59%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.47%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 12.26%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 17.42%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 35.02%