28274 — Mecklenburg County, North Carolina Market Snapshot
Housing market data for zip code 28274 in Mecklenburg County, North Carolina. Updated monthly with median prices, days on market, and more.
Limited Sales Data
Only 1 home sold in this ZIP code during the selected period. Statistics may not be representative. See the Mecklenburg County county page for broader data.
Market Sales Data
1 sales in 2025
Median Sale Price
$3,675,000
Days to Sell
122
Homes Sold
1
Inventory
N/A
Jumbo Loan Likely Needed
The median home in 28274 at $3,675,000 exceeds the 2026 conforming loan limit of $832,750 by $2,842,250. 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
With homes sitting for 122 days on average, 28274 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Conforming Loan Feasibility
The median home in 28274 at $3,675,000 exceeds the 2026 conforming loan limit of $832,750 by $2,842,250. 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 28274 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 28274
To purchase the median home at $3,675,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $28,307.
Monthly Payment
$28,307
Income Required
$1,213,143
Principal & Interest
$22,644/mo
Down Payment (5%)
$183,750
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 28274.
Estimated Monthly Payment
$22,894
Jumbo loan required. Loan amount exceeds the $832,750 conforming limit for 28274.
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