Market Intelligence · NC / Charlotte

Charlotte, NC 28205 Housing Market

The typical home in Charlotte, NC 28205 is worth $463,706, down 0.3% over the past year. The median list price sits at $575,000, and homes take a median of 74 days to sell.

Updated August 2026Median value$458K

The median home value in Charlotte, NC 28205 is $458K as of August 2026, down 0.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 28205 range

$422K to $495K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.3% over 12 months

Typical home value in 28205 over the last 12 months: $460K in Aug 2025 to $458K in Aug 2026 (-0.3%).

Aug 2025$460K

Aug 2026$458K

The numbers

What is the 28205 housing market like?

Typical home value

$458K

Down0.3%YoY

Median list price

$575K

Down2.2%MoM

Days on market

74

Up5.7%MoM

Homes for sale

248

Down0.4%MoM

Price cuts

23.1%

Down10.3%MoM

New listings

88

Up18.9%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 28205 home prices compare?

  • 28205$458,468
  • Charlotte$396,396
  • North Carolina$287,619
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Charlotte: 24 ZIPs; North Carolina: 718 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there were 248 homes for sale in 28205, with 88 new listings hitting the market. The median list price is $575,000, well above the typical home value of $463,706, which means much of the active inventory is priced at the higher end of the area. Homes are taking a median of 74 days to go under contract, and 23.1% of listings have had a price cut. Values are down 0.3% over the past year. For sellers, the picture is a soft, slow market where pricing right from the start matters more than testing the top of the range.

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