Charlotte 28208

Charlotte-Concord-Gastonia, NC-SC · Mecklenburg County, NC · 8,825 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

41affordability /100

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

Payment burden
35.9%
stretched
Days on market
75
daily
Price cuts
26.2%
of active
Valuation
-4.5%
vs assessor
Look up an address
50
/100
Mixed
stable · buyer advantage · prices easing year-over-year.
Price trend
35
Affordability
45
Valuation
90
Economic health
41

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

51/ 100SellerBalancedBuyer
Balanced Market
Needs 16.4% correction for affordability
DOM: 90d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)50
Valuation Gap (25%)10
Supply & Demand (20%)100
Buy vs Rent (15%)50
Cancellation Rate (10%)50
Days on Market (5%)75

Balanced market in 28208. List price is roughly fair — focus on condition and value. Payment burden: 35.9% of median income. Median days on market: 90. Renting is approximately 31% cheaper than buying (price-to-rent ratio: 15.7).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
STABLEBUYER ADVANTAGE

Market is holding steady with balanced conditions. Buyers have strong negotiating leverage. Prices down 1.3% YoY.

Address lookup$99 report path

Look Up an Address in 28208

Just type the street — we'll auto-scope the search to ZIP 28208.

Actions
Export, share, or compare this ZIP
Compare
Get alerts when this market changes

Market snapshoteach number, once

Median price
$304,094
▾ 1.3% YoY
Days on market
75
daily · zip_data
Median rent
$1,609
ZORI
Investor score
64/100
cash-flow lens
Active listings
244
90-day

Valuation3 lenses, different anchors

vs assessor
-4.5%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$290,500
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%
Johnston+65.7%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$222
Price-to-income5.9×

Unlock Vacancy Data

Available with Lotvox Pro — $29/mo.

Start free trial
How 28208 ranks in NC
percentile vs all North Carolina ZIPs · n=834
Market velocity38%
Supply tightness0%
Affordability17%
Investment yield71%
Appreciation16%

Affordability, supply & momentum

19SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply20.9 mo
Days on Market75d
Inv vs History+8.7%
Listing Density15.4/1k
Affordability — payment burden
Monthly payment (P&I)$1,536
Payment burden35.9%
Median income · ZIP$51,339
Mortgage rate6.49% · 30yr
Total monthly own$1,840
Monthly rent$1,609
Market dynamics
Price cut %26.2%
Momentumstable
LeverageBUYER ADVANTAGE
Months of supply20.9
Sales (90d)0
Investment analysis
Median rent$1,609
Price-to-rent15.7
Est. cap rate4.1%
Buy vs rentneutral

Livability

Walk score3
Transit score14
Bike score

Unlock Historical Trends

Available with Lotvox Pro — $29/mo.

Start free trial

Mecklenburg County contextmacro · jobs · debt · migration

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

Unlock County Economic Data

Available with Lotvox Pro — $29/mo.

Start free trial

Nearby ZIP codes