dynamic.RE
dynamic.RELoading market data
Compare with
An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already +1.6% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +11.3% YoY, is the number to watch.
The median listing price is up 1.6% YoY while the median home got up 2.7% bigger, so value per square foot is up 1.1%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $375K purchase rents for $1,910/mo: 0.51% of price per month against the 1% rule's 1.00%.
Sales here take about 49 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold).
U.S. Census ACS characteristics for ZIP 28202 itself, not its parent county.
Renters hold 71.4% of this ZIP's 9,980 occupied households, on a median household income of $106K.
| Measure | ZIP 28202 | Mecklenburg County | Difference |
|---|---|---|---|
| Median Household Income | $106K | $87K | +$19K |
| Below Poverty Level | 11.4% | 10.4% | +1.0% |
| Median Age | 30.50 | 35.50 | -5.00 |
| Total Population | 17,653 | 1,154,681 | -- |
| Avg Household Size | 1.56 | 2.44 | -0.88 |
| Owner-Occupied | 28.6% | 55.1% | -26.5% |
| Worked From Home | 36.8% | 28.5% | +8.3% |
| Mean Commute | 20.20 | 25.10 | -4.90 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 2.1% to 1,154,681: residents under 18 are up 1.1% and those 65 and over are up 4.3%.
County median household income is $87K, 10.4% of residents are below the poverty level, 28.5% work from home.