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City

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State

City

ZIP codes

Charlotte, NC · 28284

Realtor Jul 2025 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $87K, +3.9% YoY (county); renters hold 44.9% of county households. See the people evidence ↓

What would change this read: inventory, −100.0% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: median listing $175,000 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

$175K

Population

466,527

Median Days on Market

Active Listings

New Listings

Housing Market

Pricing

Median Listing Price

$175K-- YoY

Average Listing Price

$175K-- YoY

Price per Sq Ft

---- YoY

Median Sq Ft

---- YoY

Inventory

Active Listings

0-- YoY

New Listings

4-- YoY

Total Listings

0-100.0% YoY

Buyer Competition

Pending Listings

---- YoY

Pending Ratio

---- YoY

Median Days on Market

---- YoY

Price Reduced

0.0%0.0% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 503,071

503Kunits

Occupied466,52792.7%

Vacant36,5447.3%

2024 Tenure ⓘ

U.S. Census ACS · n = 466,527

467Koccupied

Owner257,16755.1%

Renter209,36044.9%

Renter Share

44.9%+0.9% YoY

Total Housing Units

503,071+2.3% YoY

FY2026 Fair Market Rent

CountyMecklenburg County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,469

/month

1 BR

$1,538

/month

2 BR

$1,686

/month

3 BR

$2,076

/month

4 BR

$2,637

/month

FMR trends · Mecklenburg County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

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%.

Median Age

35.52024

Population

Mecklenburg County Population

1,206,285+2.6% YoY

Households

Total Households

466,527+2.4% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.44-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,154,681

1.2Mresidents

Under 18263,73322.8%

Adults 18–64753,04365.2%

65 & Over137,90511.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

263,733+1.1% YoY

Population 65 & Over

137,905+4.3% YoY

Median Age

35.50+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house84.5%

Moved (within US)14.4%

Other1.1%

Veterans

5.0%-5.7% YoY

County Economy

County median household income is $87K, 10.4% of residents are below the poverty level, 28.5% work from home.

Income

Median Household Income

$87K+3.9% YoY

Per-Capita Income

$53K+3.5% YoY

Mean Household Income

$129K+3.3% YoY

Poverty

Below Poverty Level

10.4%0.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone58.6%

Public transit1.7%

Worked from home28.5%

Other11.2%

Worked From Home

28.5%+11.8% YoY

Mean Commute

25.10-1.2% YoY

Done with 28284? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Charlotte, NC · 28284

Realtor Jul 2025 · ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $87K, +3.9% YoY (county); renters hold 44.9% of county households. See the people evidence ↓

What would change this read: inventory, −100.0% YoY, is the number to watch.

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

$175K

Population

466,527

Median Days on Market

Active Listings

New Listings

Housing Market

Pricing

Median Listing Price

$175K-- YoY

Average Listing Price

$175K-- YoY

Price per Sq Ft

---- YoY

Median Sq Ft

---- YoY

Inventory

Active Listings

0-- YoY

New Listings

4-- YoY

Total Listings

0-100.0% YoY

Buyer Competition

Pending Listings

---- YoY

Pending Ratio

---- YoY

Median Days on Market

---- YoY

Price Reduced

0.0%0.0% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 503,071

503Kunits

Occupied466,52792.7%

Vacant36,5447.3%

2024 Tenure ⓘ

U.S. Census ACS · n = 466,527

467Koccupied

Owner257,16755.1%

Renter209,36044.9%

Renter Share

44.9%+0.9% YoY

Total Housing Units

503,071+2.3% YoY

FY2026 Fair Market Rent

CountyMecklenburg County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,469

/month

1 BR

$1,538

/month

2 BR

$1,686

/month

3 BR

$2,076

/month

4 BR

$2,637

/month

FMR trends · Mecklenburg County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

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%.

Median Age

35.52024

Population

Mecklenburg County Population

1,206,285+2.6% YoY

Households

Total Households

466,527+2.4% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.44-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,154,681

1.2Mresidents

Under 18263,73322.8%

Adults 18–64753,04365.2%

65 & Over137,90511.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

263,733+1.1% YoY

Population 65 & Over

137,905+4.3% YoY

Median Age

35.50+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house84.5%

Moved (within US)14.4%

Other1.1%

Veterans

5.0%-5.7% YoY

County Economy

County median household income is $87K, 10.4% of residents are below the poverty level, 28.5% work from home.

Income

Median Household Income

$87K+3.9% YoY

Per-Capita Income

$53K+3.5% YoY

Mean Household Income

$129K+3.3% YoY

Poverty

Below Poverty Level

10.4%0.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone58.6%

Public transit1.7%

Worked from home28.5%

Other11.2%

Worked From Home

28.5%+11.8% YoY

Mean Commute

25.10-1.2% YoY

Done with 28284? Put it next to another market.