Waxhaw 28173

Charlotte-Concord-Gastonia, NC-SC · Union County, NC · 2,048 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

52affordability /100

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

Payment burden
29.1%
stretched
Days on market
55
daily
Price cuts
26.5%
of active
Valuation
-59.2%
vs assessor
Look up an address
51
/100
Mixed
stable · balanced · prices rising year-over-year.
Price trend
55
Affordability
65
Valuation
20
Economic health
52

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

Buyer / sellerbuyer-timing lens

69/ 100SellerBalancedBuyer
Negotiate Hard
DOM: 84d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)100
Supply & Demand (20%)100
Buy vs Rent (15%)75
Cancellation Rate (10%)25
Days on Market (5%)75

Moderate buyer leverage in 28173. Room to negotiate 5-10% below list. Payment burden: 29.2% of median income. Median days on market: 84. Renting is approximately 107% cheaper than buying (price-to-rent ratio: 24.8). Market appears 34% overpriced vs. assessed values.

What to Offer

Offer 5-10% below list. You have room to negotiate.

Conditions resemble 2019 pre-pandemic levels — moderate overvaluation with slowing demand. Negotiation room exists.
STABLEBALANCED

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

Address lookup$99 report path

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Market snapshoteach number, once

Median price
$702,661
▴ 0.7% YoY
Days on market
55
daily · zip_data
Median rent
$2,360
ZORI
Investor score
37/100
cash-flow lens
Active listings
355
90-day

Valuation3 lenses, different anchors

vs assessor
-59.2%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$286,600
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+79.8%
County-wide market — the widest, slowest signal.
Mecklenburg+79.8%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$497
Price-to-income4.8×

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How 28173 ranks in NC
percentile vs all North Carolina ZIPs · n=834
Market velocity62%
Supply tightness40%
Affordability34%
Investment yield32%
Appreciation36%

Affordability, supply & momentum

20SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply18.5 mo
Days on Market55d
Inv vs History+16.8%
Listing Density18.1/1k
Affordability — payment burden
Monthly payment (P&I)$3,549
Payment burden29.1%
Median income · ZIP$146,196
Mortgage rate6.49% · 30yr
Total monthly own$4,252
Monthly rent$2,360
Market dynamics
Price cut %26.5%
Momentumstable
LeverageBALANCED
Months of supply18.5
Sales (90d)0
Investment analysis
Median rent$2,360
Price-to-rent24.8
Est. cap rate2.6%
Buy vs rentfavors renting

Livability

Walk score1
Transit score2
Bike score

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Union County contextmacro · jobs · debt · migration

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

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