ZIP Code Market Report
28209 — Charlotte, NC
Data through February 2026 · Updated monthly
Avg Home Value
$650,158
▲ 2.9% year-over-year
Month-over-Month
-0.0%
▼ 0.0%
Single Family
$768,351
Condo / Co-op
$342,545
The average home value in the 28209 ZIP code (Charlotte, North Carolina) is $650,158 as of February 2026. Home prices are rising, up 2.9% compared to last year.
A 3-bedroom home in 28209 is valued at $647,393. 1-bedroom units start around $271,125. Single-family homes average $768,351, while condos average $342,545.
The market in 28209 has a $950,077 spread between bottom-tier homes at $382,045 and top-tier homes at $1,332,122. 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 28209 ZIP code will increase 0.1% over the next 12 months, bringing the projected average to approximately $650,808. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Mecklenburg 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 Mecklenburg County report.
Free Home Value Estimate
What's your home worth in 28209 (Charlotte)?
Get a free estimate based on recent sales and market data in your neighborhood. See how your home compares.
Free · Takes 30 seconds · Based on real sale data
Market Snapshot
28209 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 | $651,518 | $650,246 | $650,158 | ▼ 0.2% |
| Single Family Value | $759,436 | $764,202 | $768,351 | ▲ 1.2% |
Home Values
28209 Home Value Trend
Historical home values for ZIP code 28209. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 28209
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $271,125 |
| 2 Bedrooms | $383,616 |
| 3 Bedrooms | $647,393 |
| 4 Bedrooms | $1,253,407 |
Property Types
Home Values by Property Type in 28209
How different property types compare in this ZIP code.
All Homes
$650,158
Single Family
$768,351
Condo / Co-op
$342,545
Bottom Tier
$382,045
Top Tier
$1,332,122
Forecast
12-Month Home Value Forecast for 28209
Zillow projects home values in 28209 will increase 0.1% over the next year, reaching approximately $650,808.
Current Value
$650,158
Projected Change
+0.1%
▲ 0.1%
Projected Value
$650,808
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 28209 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.
Investing in Charlotte?
Run your ARV and MAO instantly with live market data