28226 — Mecklenburg County, North Carolina Market Snapshot

Housing market data for zip code 28226 in Mecklenburg County, North Carolina. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

18 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$218,000

-51.8% YoYClosed sales

Days to Sell

96

Median, listing to close

Homes Sold

18

Closed in 2026

Inventory

32

Sale-to-List

95.9%

New Listings

25

Price/SqFt

$192

Pending Sales

N/A

Conforming Loan Available

Most homebuyers in 28226 can comfortably use conventional financing. The median home price of $218,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

With homes sitting for 96 days on average, 28226 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.

Sale-to-List Ratio

The average home in 28226 sells for 4.1% below asking price (95.9% sale-to-list), suggesting buyers have negotiating leverage in the current market.

Conforming Loan Feasibility

Most homebuyers in 28226 can comfortably use conventional financing. The median home price of $218,000 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 28226 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 28226

To purchase the median home at $218,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,820.

Monthly Payment

$1,820

Income Required

$78,011

Principal & Interest

$1,343/mo

Down Payment (5%)

$10,900

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 28226.

%
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Estimated Monthly Payment

$1,499

Principal & Interest$1,131
Property Tax$218
Insurance$150
Loan Amount$174,400
Total Interest$232,818
Income Required$64,250/yr

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