ZIP Code Market Report
28216 — Charlotte, NC
Data through February 2026 · Updated monthly
Avg Home Value
$317,657
▼ 1.8% year-over-year
Month-over-Month
-0.3%
▼ 0.3%
Single Family
$318,850
Condo / Co-op
--
The average home value in the 28216 ZIP code (Charlotte, North Carolina) is $317,657 as of February 2026. Home prices are declining, down 1.8% compared to last year.
A 3-bedroom home in 28216 is valued at $306,550.
The market in 28216 has a $151,530 spread between bottom-tier homes at $254,917 and top-tier homes at $406,447. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 28216 ZIP code will increase 0.1% over the next 12 months, bringing the projected average to approximately $317,975. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Anson County market area in North Carolina. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Anson County report.
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Market Snapshot
28216 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $320,254 | $318,492 | $317,657 | ▼ 0.8% |
| Single Family Value | $318,362 | $318,562 | $318,850 | ▲ 0.2% |
Home Values
28216 Home Value Trend
Historical home values for ZIP code 28216. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 28216
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $232,579 |
| 3 Bedrooms | $306,550 |
| 4 Bedrooms | $375,008 |
Property Types
Home Values by Property Type in 28216
How different property types compare in this ZIP code.
All Homes
$317,657
Single Family
$318,850
Bottom Tier
$254,917
Top Tier
$406,447
Forecast
12-Month Home Value Forecast for 28216
Zillow projects home values in 28216 will increase 0.1% over the next year, reaching approximately $317,975.
Current Value
$317,657
Projected Change
+0.1%
▲ 0.1%
Projected Value
$317,975
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 28216 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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