How much is a home worth in ZIP code 28273?

The typical home in 28273 is worth $372,096, based on the Zillow Home Value Index.

Are home values rising in 28273?

Home values in 28273 are down 2.2% over the past year, and up 5.5% a year over five years.

What is the typical rent in 28273?

A typical home in 28273 rents for about $1,591 a month, a gross rental yield of 5.1%.

What is the property tax rate in 28273?

The effective property tax rate in 28273 is 0.7% — roughly $2,529 a year on a typical home.

ZIP code 28273 has a population of 50,966 and a median household income of $87,350.

HousingHandbookReference data

…

U.S. ZIP Code · NC28273

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

Typical home value

$372,096^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -2.2%
5-year / yr: +5.5%
10-year / yr: +7.7%

Relative price

vs U.S.: +31.0%
vs metro: +11.0%
vs state: +30.7%

Price history

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

The typical home in 28273 is worth $372,096 — 11.0% above the Charlotte-Concord-Gastonia, NC-SC median. Over the past year, values have fallen 2.2%. Homes here rent for a typical $1,591 a month — a 5.1% 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: $1,591^[2]
Gross yield: 5.1%^[2]
Cap rate: 3.1%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $2,529^[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: 50,966^[3]
Median household income: $87,350^[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: 9
Elementary: 5
Middle: 2
High: 2

Olympic High School
High · Grades 9–12 · Charlotte-Mecklenburg Schools
1,500 students
Southwest Middle School
Middle · Grades 6–8 · Charlotte-Mecklenburg Schools
1,287 students
Kennedy Middle
Middle · Grades 6–8 · Charlotte-Mecklenburg Schools
953 students
Unity Classical Charter School
Elementary · Grades K–8 · Unity Classical Charter School
763 students
South Pine Academy
Elementary · Grades PK–5 · Charlotte-Mecklenburg Schools
727 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 yield5.1%

Net yield (after ~40% expenses)3.1%

Annual rent$19,097

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$1,882

Loan principal$297,676

Down payment$74,419

Total interest paid$379,670

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 ratio1.51

Monthly cost to own$2,402

Monthly rent$1,591

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: 25th percentile^[1]
Rental yield: 42nd percentile^[2]
Property tax: 62nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 28273?: The typical home in 28273 is worth $372,096, based on the Zillow Home Value Index.
Are home values rising in 28273?: Home values in 28273 are down 2.2% over the past year, and up 5.5% a year over five years.
What is the typical rent in 28273?: A typical home in 28273 rents for about $1,591 a month, a gross rental yield of 5.1%.
What is the property tax rate in 28273?: The effective property tax rate in 28273 is 0.7% — roughly $2,529 a year on a typical home.
Who lives in 28273?: ZIP code 28273 has a population of 50,966 and a median household income of $87,350.

#Comparable ZIPs

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

28164 vs 28273 →
Lowesville CDP, NC
Typical home
$369,590
Gross yield
—
28110 vs 28273 →
Unionville, NC
Typical home
$374,664
Gross yield
6.4%
28120
Mount Holly, NC
Typical home
$369,120
Gross yield
5.9%
28124
Mount Pleasant, NC
Typical home
$381,269
Gross yield
—
28269
Charlotte, NC
Typical home
$360,895
Gross yield
5.7%
29732
Rock Hill, SC
Typical home
$356,704
Gross yield
5.0%

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Pit ZIP 28273 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NC28273

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