28278 ZIP Code Real Estate Trends
Percentage of Homes Under Contract (28278)
The 28278 ZIP Code is synonymous with the Steele Creek / Southeast Charlotte area. The graph above shows the percentage of previously owned homes that have been under contract in the 28278 ZIP Code area over time. Terra Vista Realty tracks this data on a daily basis using Canopy MLS data. We think our graph offers a good tool to gauge how quickly re-sales homes are getting scooped up by buyers. When the percentage of homes under contract is high, demand will be strong relative to supply - driving up prices. Conversely, the lower the percentage of homes under contract, the more of a buyer's market exists.
28278 Median Home Prices
| $533k | Median Single Family Price* | |
| $373k | Median Condo / Townhouse Price* | |
*Based on the last previous 90 days of home sales in the Canopy MLS. Previously owned homes only.
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The price per square foot of 28278-area re-sale homes has increased by approximately 51% over the past 5 years (versus a 59% increase for the entire Charlotte metro area). Homes have been selling at a median of $196 per square foot in 28278 over the past 90 days - as compared to $218 for the entire metro area. The numbers cited are based on the price per heated square foot for single family, townhomes, and condos combined. | |||||||||||||||||||
OUR RATING: MODERATELY COMPETITIVE
| #41 | most competitive out of 67 ZIP Codes |
In our ZIP Code Analysis (updated daily), we found that 28278 is the 41st most competitive area for buyers out of 67 ZIP codes analyzed in the Charlotte metro area.
In the 28278 ZIP code, for the past 90 days the following trends have occurred for previously owned homes listed in the Canopy MLS:
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Median Days on Market - 28278 ZIP Code Area Homes
How Fast Are Homes Selling?
The chart above depicts changes in the median number of days that homes have been on the market before selling in the 28278 ZIP code area - as of May 9, 2025 (based on Canopy MLS data). Terra Vista Realty updates this graph on a daily basis with days-on-market data based on sales from 30-day intervals. The data displayed includes single family homes, as well as condos and townhomes. The days-on-market data only includes previously owned homes - and not new-construction properties.
Popular 28278 Neighborhoods
Current 28278 Homes for Sale
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| $825,000 |  |
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| $729,000 | |
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| $999,995 | |
(Reduced $29,005 yesterday) |
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Based on information submitted to the MLS GRID as of 05/09/2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. School assignments should be verified and are subject to change. Properties may or may not be listed by the office/agent presenting the information. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Properties reported may be listed or sold by various participants in the MLS. Copyright© 2025 Canopy Multiple Listing Services, Inc. All rights reserved.
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