28217 — Mecklenburg County, North Carolina Market Snapshot
Housing market data for zip code 28217 in Mecklenburg County, North Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
40 sales in 2026 (year to date)
Median Sale Price
$446,255
Days to Sell
134
Homes Sold
40
Inventory
84
Sale-to-List
99.3%
New Listings
71
Price/SqFt
$255
Pending Sales
N/A
Conforming Loan Available
Most homebuyers in 28217 can comfortably use conventional financing. The median home price of $446,255 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 134 days on average, 28217 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
Homes are selling very close to asking price in 28217 (99.3% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
Most homebuyers in 28217 can comfortably use conventional financing. The median home price of $446,255 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 28217 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 28217
To purchase the median home at $446,255 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,569.
Monthly Payment
$3,569
Income Required
$152,960
Principal & Interest
$2,750/mo
Down Payment (5%)
$22,313
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 28217.
Estimated Monthly Payment
$2,912
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