28212 Zip Code: Charlotte's Hottest Zip Code In Quarter 1, 2019
Charlotte's 28212 Zip Code was ranked the 7th hottest zip code nationally in the first quarter of 2019 by realtor.com. Realtor.com’s 20 Hottest Zip Codes received 2.3 times the number of views per property, on average, compared to their respective metro areas, as well as 3.5 times the national average. In terms of supply, the hottest zip code markets saw inventory move 34 days more quickly, on average, than their surrounding metro area, and 53 days faster than the rest of the country. The median time spent on the market was 9 days lower for the hottest markets, on average, compared with the same time frame one year ago.
Charlotte's 28212 zip code is located in the northeast part of the city and is one of Charlotte's most diverse neighborhoods, ranked #10 in diversity out of 321 North Carolina zip codes by Niche.com.
Steadily Increasing Home Prices In 28212 Zip Code
Home sales have also been hot, hot, hot over the past 5 years with home prices steadily increasing in the 28212 zp code as the chart below clearly shows. 2019 year-to-date, homes in the 28212 zip code have been selling in 24 days on average, while the median days on market year-to-date have been 10 days. And with homes selling at 98.5% of asking price, there's not much room for buyers to negotiate.
This Charlotte, NC housing market update is provided by Nina Hollander and Carolinas Realty Partners with Coldwell Banker Residential Brokerage, your Charlotte metro area residential real estate experts serving Charlotte area home buyers and sellers for 20+ years.
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