28207 — Mecklenburg County, North Carolina Market Snapshot
Housing market data for zip code 28207 in Mecklenburg County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
58 sales in 2026 (year to date)
Median Sale Price
$1,352,500
Days to Sell
41
Homes Sold
58
Inventory
71
Sale-to-List
98.1%
New Listings
94
Price/SqFt
$568
Pending Sales
N/A
Jumbo Loan Likely Needed
The median home in 28207 at $1,352,500 exceeds the 2026 conforming loan limit of $832,750 by $519,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
28207's market is balanced with homes taking an average of 41 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 28207 (98.1% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 28207 at $1,352,500 exceeds the 2026 conforming loan limit of $832,750 by $519,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 28207 are set at the county level.
2026 Loan Limits — Mecklenburg County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 28207
To purchase the median home at $1,352,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $10,512.
Monthly Payment
$10,512
Income Required
$450,532
Principal & Interest
$8,334/mo
Down Payment (5%)
$67,625
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 28207.
Estimated Monthly Payment
$8,520
Jumbo loan required. Loan amount exceeds the $832,750 conforming limit for 28207.
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 28207. Tell us what you're looking for.