The Carolina Multiple Listing Service (CMLS) data shows that home values increased in Mecklenburg County 5.3% between the last part of 2014 and the end of 2015.
A good number of zip codes saw significant gains in home values.
Below are the top 10 zip codes with the highest price in 2015.
#10 28215 (Eastway -Hickory Grove)
Home Values in 28215 rose 10.7% and at the end of 2015 the median home price was $128,000. Home builders made their mark on the area with several new home construction neighborhoods.
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#9 28213 (Hidden Valley – University City South)
Home to the new University City section of the Light Rail and Lynx Blue Line Extension.
The median home value grew by 14.2% and a medium home price of $165,000.
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CURRENT STATS:How is the Hidden Valley Housing Market?
A hotbed of activity, the Steele Creek area of Charlotte is for those that wish to live/work/play on or near Lake Wylie!
The zip code of 28278 saw a growth of 15.3%!
The median home price at the end of 2015 was $265,246.
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CURRENT STATS: How is the Steele Creek Housing Market?
#7 28209 (Sedgefield – Park Rd. Shopping Center)
The area that includes Sedgefield and Park Rd. Shopping Center has a wide array of home values from properties that are valued just over $100,000 to homes that are in the Millions.
This area experienced a price gain of 16.2% and the median home price was $290,500.
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CURRENT STATS: How is the Sedgefield Housing Market?
#6 28262 (Mallard Creek – University City North)
Also benefiting from the new Lynx Blue Line Extension and Light Rail expansion the 28262 zip code has seen an upsurge of 16.9% and the median home price at the end of 2015 was $156,000.
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#5 28211 (Cotswold – Foxcroft)
As the highest price zip code, 28211 experienced an increase of 22%. Property values in 28211 increased $100,000 in a one year period. The median home price is $430,000.
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CURRENT STATS:How Is the Cotswold Housing Market?
How Is the Foxcroft Housing Market?
Whether you choose to buy in NoDa- Plaza Midwood or another great area of Charlotte; definitely put it on the top of your places to visit.
The combined home value of both NoDa AND Plaza Midwood increased 23.8% and the median home value the last part of 2015 was $216,700.
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#3 28217 (Yorkmont – Renaissance Park)
Home to the Billy Graham Libraryand the world-famous Renaissance Park disc golf course; the 28217 saw an increase of 26.3% and a median house value of $111,000.
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#2 28204 (Elizabeth – Cherry)
Chances are if you travel to Elizabeth you will see and perhaps ride in a streetcar! Home values in Elizabeth - Cherry increased 28.5% the latter part of 2015 and the median home price was $300,000.
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CURRENT STATS:How is the Cherry Housing Market?
How is the Elizabeth Housing Market?
The West Blvd - Freedom Drive zip code of 28208 has home values from $30,000 - $500,000.
At the end of 2015 the median home price was $110,500 and in that year there was an increase of 70% !
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Source: original article please click here.
Copywright May 2016 Lonnie Hand
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