South End, Charlotte, NC28203

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$673,000
1.0% YoY Growth
Median Household Income
$104,000
28.1% 5-Year Growth
Days on Market
55
34.0% Longer than last year
Home Price Forecast
1.5%
Median Rent
$2,160
3.9% YoY Growth
1-Bed Rent
$1,910
10.9% YoY Growth
2-Bed Rent
$2,940
25.3% YoY Growth
3-Bed Rent
$4,520
13.7% YoY Growth

Property Listings — South End, Charlotte, NC

As of Oct '25, Realtor.com reports that the median days on market for a home in South End, Charlotte, NC is 55. This is a increase of 34.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 45.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$749,0004.0%
Listing Count
9313.0%
Listings as % of Homes0.4%13.0%
Days on Market
5534.0%
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Demographics — South End, Charlotte, NC

As of the latest ACS Survey released in 2023, South End, Charlotte, NC has a population of 18,300, which has increased by 14.9% over the past 5 years. South End, Charlotte, NC is a less popular place for families, as children make up 10.8% of the population. The area has a highly educated workforce, with 80.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.3% reporting working from home.

MetricLatest CensusYoY % Change
Population
18,30014.9%
% Under 18
10.8%-33.3%
% Seniors
6.4%12.3%
% WFH
24.3%167.0%
% w/ College Degree
80.3%14.2%
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As of the latest ACS Survey released in 2023, South End, Charlotte, NC is a predominantly white area, with 77.7% of the population identifying as white. The white population has grown by 13.1% in the last 5 years. The second most common race or ethnicity in South End, Charlotte, NC is black, making up 10.2% of the population. Foreign-born residents account for 7.1% of the population in South End, Charlotte, NC, and this percentage has increased by 4.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
77.7%13.1%
% Black
10.2%-53.4%
% Hispanic
4.6%35.3%
% Asian
3.7%23.3%
% Foreign Born
7.1%4.4%
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Mortgage and Risk — South End, Charlotte, NC

According to HUD data as of 2023, there were 331 mortgage originations in South End, Charlotte, NC, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 15.0% above 90% LTV (elevated). This implies medium mortgage risk in South End, Charlotte, NC. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
331
% Conventional Loans
98.0%
% Government Loans
2.0%
% Investor Loans
4.0%
% Second Loans
1.0%
% Cash Out Refinance
4.0%

Loan Activity

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Rentals and Section 8 — South End, Charlotte, NC

As of 2024, the percent of homes in South End, Charlotte, NC under the Section 8 program is 8.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in South End, Charlotte, NC, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
563
Total Units Section 8
563
% Rentals under Section 8
8.0%
% Occupied Section 8
61.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$560$1,910$2,470
2 Bedroom-$200$2,940$2,740
3 Bedroom-$1,140$4,520$3,380
4 Bedroom-$520$4,800$4,280

Affordability — South End, Charlotte, NC

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio6.2
Median Home Price$673,000
Median Household Income$104,000

South End, Charlotte, NC — ZIP Code Boundary Map

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Frequently Asked Questions