Market Report

ZIP 28202 Housing Market

Population: 17,653 (2024 ACS estimate). 4,703 housing units permitted in the last 12 months.

Prices & Activity

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Type

Source: MLS closed sales and listings for ZIP 28202.

Growth & Supply

Population

17,653

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$106K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

71.4%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

Migration — Mecklenburg County

Avg income of movers (latest year): in $82K · out $90K

IRS Statistics of Income, County-to-County Migration Data (through 2023)

Unemployment Rate — Mecklenburg County

Most recent month is preliminary and subject to revision

U.S. Bureau of Labor Statistics, Local Area Unemployment Statistics (through Sep '26)

New Construction Permits — Mecklenburg County

4,703 housing units permitted in the last 12 months (-52% vs the prior 12 months) — 3,837 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Aug '26)

Mecklenburg County market

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