How much is a home worth in ZIP code 28078?

The typical home in 28078 is worth $544,124, based on the Zillow Home Value Index.

Are home values rising in 28078?

Home values in 28078 are up 0.6% over the past year, and up 7.5% a year over five years.

What is the typical rent in 28078?

A typical home in 28078 rents for about $1,947 a month, a gross rental yield of 4.3%.

What is the property tax rate in 28078?

The effective property tax rate in 28078 is 0.7% — roughly $3,609 a year on a typical home.

ZIP code 28078 has a population of 71,657 and a median household income of $120,831.

HousingHandbookReference data

…

U.S. ZIP Code · NC28078

Mecklenburg County · Charlotte-Concord-Gastonia, NC-SC

Typical home value

$544,124^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.6%
5-year / yr: +7.5%
10-year / yr: +6.8%

Relative price

vs U.S.: +91.5%
vs metro: +62.3%
vs state: +91.2%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 28078 is worth $544,124 — 62.3% above the Charlotte-Concord-Gastonia, NC-SC median. Over the past year, values have risen 0.6%. Homes here rent for a typical $1,947 a month — a 4.3% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,947^[2]
Gross yield: 4.3%^[2]
Cap rate: 2.6%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $3,609^[3]

#Climate risk

FEMA National Risk Index ratings for Mecklenburg County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: Relatively Moderate
Tornado: Relatively High
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 71,657^[3]
Median household income: $120,831^[3]

#Migration

Household moves in and out of Mecklenburg County over a year, from IRS tax-return data.

Net migration: +3,632^[5]
Moved in: 43,155
Moved out: 39,523

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 14
Elementary: 8
Middle: 2
High: 3

Lake Norman Charter
Other · Grades K–12 · Lake Norman Charter
2,212 students
North Mecklenburg High School
High · Grades 9–12 · Charlotte-Mecklenburg Schools
2,061 students
Hopewell High School
High · Grades 9–12 · Charlotte-Mecklenburg Schools
1,774 students
Francis Bradley Middle
Middle · Grades 6–8 · Charlotte-Mecklenburg Schools
1,067 students
Huntersville Elementary
Elementary · Grades K–5 · Charlotte-Mecklenburg Schools
893 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.3%

Net yield (after ~40% expenses)2.6%

Annual rent$23,360

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,751

Loan principal$435,299

Down payment$108,825

Total interest paid$555,200

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.80

Monthly cost to own$3,504

Monthly rent$1,947

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 95th percentile^[1]
Rental yield: 28th percentile^[2]
Property tax: 55th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

6th for most populous in NCView list →

Frequently asked

How much is a home worth in ZIP code 28078?: The typical home in 28078 is worth $544,124, based on the Zillow Home Value Index.
Are home values rising in 28078?: Home values in 28078 are up 0.6% over the past year, and up 7.5% a year over five years.
What is the typical rent in 28078?: A typical home in 28078 rents for about $1,947 a month, a gross rental yield of 4.3%.
What is the property tax rate in 28078?: The effective property tax rate in 28078 is 0.7% — roughly $3,609 a year on a typical home.
Who lives in 28078?: ZIP code 28078 has a population of 71,657 and a median household income of $120,831.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

28031 vs 28078 →
Cornelius, NC
Typical home
$544,438
Gross yield
4.0%
29707 vs 28078 →
SC
Typical home
$546,309
Gross yield
3.9%
28037
Denver CDP, NC
Typical home
$548,279
Gross yield
3.9%
28210
Charlotte, NC
Typical home
$571,220
Gross yield
2.9%
29708
Tega Cay, SC
Typical home
$580,402
Gross yield
3.9%
28075
Harrisburg, NC
Typical home
$506,753
Gross yield
5.8%

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#Jump to section

U.S. ZIP Code · NC28078

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