Real Estate Market Update for 28208 (Charlotte, NC)
Welcome to June's Market Update. Let’s take a look at residential real-estate activity in your area during the month of June. The number of active listings was down 26% from one year earlier, and down 7% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 70-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 49%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 150-thousand dollars. The number of units sold increased 61% year-over-year, and decreased 6% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 28208 (Charlotte, NC)
Area Information for 28208 (Charlotte, NC)
  • Population: 35,875
  • Median Age: 32.2 yr
  • Median Commute Time: 19.81 mins
  • Educational Climate*: 2
  • Sales Tax: 7.25%
  • Population Density: 1,630/sq mi
  • Population Change Since 2000: -.66%
  • Closest Airport: Charlotte/douglas International
  • Closest College: Ecpi College Of Technology
  • Median Household Income: $29,601
  • Annual Residential Turnover: 22.33%
  • Median Years in Residence: 2.94 yr
  • Median Home Sales Price: $60,000
  • Closest Major Sports Team: Panthers
  • Change Avg. Household Income Since 2000: 6%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 28208 (Charlotte, NC)
Median Age: 32.2 Married: 17% Number of Households: 13,256 Households with Children: 4,990
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 28208 (Charlotte, NC)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Westerly Hills Academy 1.1 mi Public PRESCHOOL-8 1 3
      Access Academy 1.3 mi Private 7-12 0 0
      Reid Park Elementary 1.5 mi Public PRESCHOOL-8 0 1
      Harding University High 1.9 mi Public 9-12 1 4
      Brookstone School 1.9 mi Private K-8 0 0
      Paw Creek Christian Academy 2.1 mi Private PRESCHOOL-12 0 5
      Ashley Park Elementary School 2.2 mi Public PRESCHOOL-8 1 4
      Barringer Academic Center 2.2 mi Public K-5 3-5 4
      Phillip O Berry Academy Of Tec 2.3 mi Public 9-12 3-5 3
      Aristotle Preparatory Academy: A Challenge Foundation Academ 2.6 mi Public K-4 0 0
      Thomasboro Elementary 2.9 mi Public PRESCHOOL-8 1 3
      Allenbrook Elementary 2.9 mi Public PRESCHOOL-5 2 1
      Invest Collegiate 3.2 mi Public K-7 0 0
      Bruns Avenue Elementary 3.7 mi Public PRESCHOOL-8 0 2
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 28208 (Charlotte, NC)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.