How much is a home worth in ZIP code 28173?

The typical home in 28173 is worth $701,903, based on the Zillow Home Value Index.

Are home values rising in 28173?

Home values in 28173 are up 0.9% over the past year, and up 7.7% a year over five years.

What is the typical rent in 28173?

A typical home in 28173 rents for about $2,167 a month, a gross rental yield of 3.7%.

What is the property tax rate in 28173?

The effective property tax rate in 28173 is 0.6% — roughly $4,220 a year on a typical home.

ZIP code 28173 has a population of 65,274 and a median household income of $150,597.

HousingHandbookReference data

…

U.S. ZIP Code · NC28173

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

Typical home value

$701,903^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.9%
5-year / yr: +7.7%
10-year / yr: +6.9%

Relative price

vs U.S.: +147.1%
vs metro: +109.4%
vs state: +146.6%

Price history

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

The typical home in 28173 is worth $701,903 — 109.4% above the Charlotte-Concord-Gastonia, NC-SC median. Over the past year, values have risen 0.9%. Homes here rent for a typical $2,167 a month — a 3.7% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent: $2,167^[2]
Gross yield: 3.7%^[2]
Cap rate: 2.2%^[2]

#Property tax

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

Effective tax rate: 0.6%^[3]
Typical annual tax: $4,220^[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: 65,274^[3]
Median household income: $150,597^[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: 12
Elementary: 7
Middle: 2
High: 3

Marvin Ridge High
High · Grades 9–12 · Union County Public Schools
2,050 students
Cuthbertson High
High · Grades 9–12 · Union County Public Schools
1,900 students
Cuthbertson Middle
Middle · Grades 6–8 · Union County Public Schools
1,347 students
Marvin Ridge Middle
Middle · Grades 6–8 · Union County Public Schools
1,309 students
Kensington Elementary
Elementary · Grades K–5 · Union County Public Schools
975 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 yield3.7%

Net yield (after ~40% expenses)2.2%

Annual rent$26,001

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$3,549

Loan principal$561,522

Down payment$140,381

Total interest paid$716,191

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 ratio2.07

Monthly cost to own$4,485

Monthly rent$2,167

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: 98th percentile^[1]
Rental yield: 15th percentile^[2]
Property tax: 37th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

9th for most populous in NCView list →

Frequently asked

How much is a home worth in ZIP code 28173?: The typical home in 28173 is worth $701,903, based on the Zillow Home Value Index.
Are home values rising in 28173?: Home values in 28173 are up 0.9% over the past year, and up 7.7% a year over five years.
What is the typical rent in 28173?: A typical home in 28173 rents for about $2,167 a month, a gross rental yield of 3.7%.
What is the property tax rate in 28173?: The effective property tax rate in 28173 is 0.6% — roughly $4,220 a year on a typical home.
Who lives in 28173?: ZIP code 28173 has a population of 65,274 and a median household income of $150,597.

#Comparable ZIPs

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

28203 vs 28173 →
Charlotte, NC
Typical home
$688,931
Gross yield
3.4%
28270 vs 28173 →
Charlotte, NC
Typical home
$684,012
Gross yield
2.7%
28226
Charlotte, NC
Typical home
$680,506
Gross yield
3.0%
28209
Charlotte, NC
Typical home
$668,279
Gross yield
2.9%
28036
Davidson, NC
Typical home
$659,803
Gross yield
3.7%
28117
Lake Norman of Iredell CDP, NC
Typical home
$632,038
Gross yield
3.0%

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Pit ZIP 28173 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NC28173

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