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28106

Rowan County, NC · 538 properties with county records

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Mecklenburg 28106 is in Rowan, NC, part of the Charlotte Metro. Homes that sold went under contract in a median 74 days, and 0% of listings took a price cut (Redfin Data Center, period ending Jun 30, 2026). On Lotvox's market-leverage reading of that data neither buyers nor sellers hold a clear edge. The Lotvox Turnover Index is not published for 28106 yet: it appears only where a held-out test on the county's recorded sales beats chance. Across Rowan's 3 ZIPs with a Zillow value, the middle one is $310,000, so 28106 sits 39% above the county middle. Lotvox holds county assessor records for 538 properties in 28106.

Is 28106 a buyer's or seller's market?

By Lotvox's leverage reading of Redfin data through Jun 30, 2026, 28106 is a balanced market. Homes went under contract in a median 74 days.

What do homes in 28106 sell for?

The typical home value in 28106 is $430,000 (Zillow Home Value Index, null), up 0.0% in a year. County records put the median at about $324 per square foot (computed Apr 21, 2026).

Who is likely to sell in 28106?

Lotvox only publishes its Turnover Index where a held-out test on recorded sales beats chance, and 28106 has not passed that test yet. When it does, the score appears here.

How does 28106 compare to Rowan?

28106's typical value of $430,000 compares with a middle value of $310,000 across Rowan's 3 ZIPs. Both are Zillow Home Value Index figures for null.

Where does this 28106 data come from?

Values and rents come from Zillow's research data, sales pace from the Redfin Data Center, and property counts and turnover from county assessor and deed records. Each number on this page carries its own date, and the method is published at lotvox.com/methodology.

Sources: Zillow Home Value Index (ZHVI) (as of date not recorded) · Redfin Data Center (as of Jun 30, 2026) · county assessor records (counted Oct 27, 2026) · How Lotvox works
Cite as: Lotvox ZIP market record, 28106 Mecklenburg, NC, https://lotvox.com/charlotte/zip/28106

Listings Flow Ladder — 28106

Faucet, basin and drain — new listings in, active inventory, closed sales out.as of Jun 30, 2026

balanced 4–6 mo
Faucet — new listings
—/mo
— of normal (1) · unknown· baseline thin
Basin — active listings
—
— of normal (2) · unknown· baseline thin
Months of supply
—
derived — not published at this grain
Drain — closed sales
0/mo
— of normal (—)
Net — faucet minus drain
—
—
Reading
current
as of 2026-06-30
Compare against:
2015-01-01 to 2019-12-31 · 3 same-month points

How plugged is the drain? Two definitions, both ours, deliberately not reconciled.

  • —Absorption vs its own normal— 1 - (closed sales / active listings) / same-month median of that ratio
  • —Closed sales vs its own normal— 1 - closed sales per month / same-month median closed sales per month

Closed sales over 24 months — two different numbers, deliberately not merged.

  • 0/mofall in the monthly rate (50%)— peak 1/mo (2025-04-30) to 0/mo now
  • 1transactions that did not happen— summed monthly shortfall vs the same-month normal, over 3 months below it (vs 2015-19 (COVID excluded))
  • rate_drop_from_peak is a change in the monthly rate; cumulative_shortfall_vs_normal counts transactions not transacted. They are different quantities and are not interchangeable.
2026-06-30

Redfin market data (county + ZIP), via Lotvox. As of 2026-06-30. Normal = same-month median of monthly rates, minimum 3 same-month points. Source window 3 months (flows shown per month). months_of_supply is not published at this grain (0 non-null rows measured); derived here as active listings / closed sales per month. A fresher supply-only read (0 new, 4 active, 2023-07-01, Realtor.com inventory (county + ZIP), via Lotvox) is available but is NOT used in the net — that source publishes no closed sales, so subtracting across it would mix two vintages.

Should you buy here?

buyer-timing lens
—affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Days on market
74
daily
Price cuts
0.0%
of active
Valuation
-84.9%
vs assessor

Days on market and price cuts: Redfin Data Center, rolling 90 days.

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Rent vs own — the renter's question first
$0
median rent · per month
$2,793
total cost to own · per month
+$2,793
more to own · per month

Rent: median rent. Ownership cost: Zillow Home Value Index (ZHVI), 20% down, 30-year loan at the current mortgage rate, plus 1.2% of the price a year.

Rent to price
Not available for this ZIP — no price-to-rent ratio published here.
51
/100
Mixed
stable · balanced · prices rising year-over-year.
Price trend
70
Valuation
20

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / seller

buyer-timing lens
36/ 100SellerBalancedBuyer
Seller's Market
DOM: 36d (falling) · Market Dynamics rolling median · hourly
Score Components
Valuation Gap (25%)10
Supply & Demand (20%)85
Cancellation Rate (10%)0
Days on Market (5%)40

Seller-favored market in 28106. Expect to pay at or near list price. Median days on market: 36.

Buyer Caution

Seller's market. Be prepared to pay near list price.

Competitive market similar to 2021-2022 — limited inventory driving prices above fundamentals.
STABLEBALANCED

Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers.

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Market snapshot

each number, once
Median price
$430,000
▴ 0.0% YoY
Days on market
74
Redfin
Median rent
--
ZORI
Investor score
30/100
cash-flow lens
Active listings
4
90-day

Median price: Zillow Home Value Index (ZHVI). Days on market and active listings: Redfin Data Center, rolling 90 days.

Valuation

3 lenses, different anchors
vs assessor
-84.9%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$65,000
county CAMA · properties_v
vs income
—
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+79.0%
County-wide market — the widest, slowest signal.
Mecklenburg+79.0%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$324
Price-to-income—

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How 28106 ranks in NC
percentile vs all North Carolina ZIPs · n=834
Market velocity38%
Supply tightness82%
Affordability—
Investment yield—
Appreciation—

Affordability, supply & momentum

4SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply12.0 mo
Days on Market74d
Inv vs History+200.0%
Listing Density--
Affordability — payment burden
Monthly payment (P&I)$2,363
Payment burden—
Median income · ZIP—
Mortgage rate7.32% · 30yr
Total monthly own$2,793
Monthly rent—
Market dynamics
Price cut %0.0%
Momentumstable
LeverageBALANCED
Months of supply—
Sales (90d)1
Investment analysis
Median rent—
Price-to-rent—
Est. cap rate—
Buy vs rentinsufficient data

Livability

Walk score—
Transit score—
Bike score—

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Housing pulse

4 charts, one facade
Payment Shock ≠ Price Crash

Not enough data for this geography — no price or income data for this ZIP.

Real Home Values

Not enough data for this geography — no home-value history for this geography.

Listings Flow Ladder
New listings
—
Active listings
—
Closed sales
0.333
Net flow
—
months of supply — (balanced band 4–6)
202220252025202600.250.51
new listingsclosed sales
as of 2026-06-30 · Redfin market data (county + ZIP), via Lotvox
Migration vs Inventory

Not enough data for this geography — no parent county for this ZIP in the crosswalk.

Price bands

mix-shift

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Rowan County context

macro · jobs · debt · migration
ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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