28217 Real Estate Market Update

Sales and Prices

The real estate market in Charlotte, NC 28217 has remained strong in recent months. According to Zillow, the median home value in this area is currently $445,000, a 6% increase from the previous year. The median sale price for homes in 28217 is $420,000, up 7% from the previous year.

The number of homes sold in 28217 has also increased in recent months. In the past year, 2,500 homes have been sold in this area, a 10% increase from the previous year. The increase in sales and prices is likely due to several factors, including low interest rates, a strong local economy, and a growing population.

Demographics

The Charlotte, NC 28217 area is a diverse community with a mix of ages, races, and incomes. The median age in this area is 35 years old, and the average household income is $85,000. The racial makeup of this area is 55% White, 25% Black, 15% Hispanic, and 5% Asian.

Conclusion

The real estate market in Charlotte, NC 28217 is a strong and growing market. The median home value and the number of homes sold in 28217 have increased in recent months, making it a great time to invest in this area. If you are considering buying or selling a home in 28217, it is important to contact a local real estate agent who can help you navigate the market.