How much is a home worth in ZIP code 28104?

The typical home in 28104 is worth $598,489, based on the Zillow Home Value Index.

Are home values rising in 28104?

Home values in 28104 are up 1.0% over the past year, and up 7.2% a year over five years.

What is the typical rent in 28104?

A typical home in 28104 rents for about $2,357 a month, a gross rental yield of 4.7%.

What is the property tax rate in 28104?

The effective property tax rate in 28104 is 0.5% — roughly $3,236 a year on a typical home.

ZIP code 28104 has a population of 36,641 and a median household income of $138,017.

HousingHandbookReference data

…

U.S. ZIP Code · NC28104

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

Typical home value

$598,489^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.0%
5-year / yr: +7.2%
10-year / yr: +6.8%

Relative price

vs U.S.: +110.7%
vs metro: +78.5%
vs state: +110.3%

Price history

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

The typical home in 28104 is worth $598,489 — 78.5% above the Charlotte-Concord-Gastonia, NC-SC median. Over the past year, values have risen 1.0%. Homes here rent for a typical $2,357 a month — a 4.7% gross rental yield. The effective property tax rate is 0.5%.

#Rent & investment

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

Monthly rent: $2,357^[2]
Gross yield: 4.7%^[2]
Cap rate: 2.8%^[2]

#Property tax

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

Effective tax rate: 0.5%^[3]
Typical annual tax: $3,236^[3]

#Climate risk

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

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

#Who lives here

Population: 36,641^[3]
Median household income: $138,017^[3]

#Migration

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

Net migration: +1,342^[5]
Moved in: 7,806
Moved out: 6,464

Schools

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

Public schools: 7
Elementary: 4
Middle: 1
High: 1

Weddington High
High · Grades 9–12 · Union County Public Schools
1,857 students
Weddington Middle
Middle · Grades 6–8 · Union County Public Schools
1,403 students
Antioch Elementary
Elementary · Grades K–5 · Union County Public Schools
842 students
Matthews Charter Academy
Elementary · Grades K–8 · Matthews Charter Academy
775 students
Stallings Elementary
Elementary · Grades K–5 · Union County Public Schools
762 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 yield4.7%

Net yield (after ~40% expenses)2.8%

Annual rent$28,282

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$3,026

Loan principal$478,791

Down payment$119,698

Total interest paid$610,672

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 ratio1.61

Monthly cost to own$3,794

Monthly rent$2,357

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: 88th percentile^[1]
Rental yield: 32nd percentile^[2]
Property tax: 21st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 28104?: The typical home in 28104 is worth $598,489, based on the Zillow Home Value Index.
Are home values rising in 28104?: Home values in 28104 are up 1.0% over the past year, and up 7.2% a year over five years.
What is the typical rent in 28104?: A typical home in 28104 rents for about $2,357 a month, a gross rental yield of 4.7%.
What is the property tax rate in 28104?: The effective property tax rate in 28104 is 0.5% — roughly $3,236 a year on a typical home.
Who lives in 28104?: ZIP code 28104 has a population of 36,641 and a median household income of $138,017.

#Comparable ZIPs

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

28204 vs 28104 →
Charlotte, NC
Typical home
$587,225
Gross yield
3.3%
29708 vs 28104 →
Tega Cay, SC
Typical home
$580,402
Gross yield
3.9%
28277
Charlotte, NC
Typical home
$618,216
Gross yield
3.9%
28210
Charlotte, NC
Typical home
$571,220
Gross yield
2.9%
28117
Lake Norman of Iredell CDP, NC
Typical home
$632,038
Gross yield
3.0%
28037
Denver CDP, NC
Typical home
$548,279
Gross yield
3.9%

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Pit ZIP 28104 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NC28104

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