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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is +7.7% YoY. inventory, +9.5% YoY, is the number to watch.
The median listing price is up 7.7% YoY while the median home got up 9.2% bigger, so value per square foot is down 0.5%.
U.S. Census ACS characteristics for ZIP 28205 itself, not its parent county.
Renters hold 57.5% of this ZIP's 23,357 occupied households, on a median household income of $76K.
| Measure | ZIP 28205 | Mecklenburg County | Difference |
|---|---|---|---|
| Median Household Income | $76K | $87K | -$11K |
| Below Poverty Level | 16.5% | 10.4% | +6.1% |
| Median Age | 34.20 | 35.50 | -1.30 |
| Total Population | 51,806 | 1,154,681 | -- |
| Avg Household Size | 2.20 | 2.44 | -0.24 |
| Owner-Occupied | 42.5% | 55.1% | -12.6% |
| Worked From Home | 24.7% | 28.5% | -3.8% |
| Mean Commute | 24.20 | 25.10 | -0.90 |
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.