Dilworth, Charlotte, NC—28209
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Dilworth, Charlotte, NC
As of Oct '25, the median home price in Dilworth, Charlotte, NC is $640,000, with a year-over-year change of 1.3%. This indicates that home prices in Dilworth, Charlotte, NC are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $640,000 | 1.3% |
| Single Family | $751,000 | 1.9% |
| Condos | $345,000 | 0.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $271,000 | -1.5% |
2 Bed | $381,000 | 0.3% |
3 Bed | $645,000 | 1.4% |
4 Bed | $1,234,000 | 3.4% |
| 5 Bed | $2,012,000 | 3.1% |
% of Housing Stock
Rental Trends — Dilworth, Charlotte, NC
As of July '25, Rentcast reports the average rent in Dilworth, Charlotte, NC is $1,920, with a year-over-year rent change of -16.5%. Per bedroom, the median rent as of July '25 in Dilworth, Charlotte, NC is studios: $1,440, 1-bedrooms: $1,700, 2-bedrooms: $2,230, 3-bedrooms: $2,800, 4-bedrooms: $4,590. The most common rental property sizes in Dilworth, Charlotte, NC are 1-bedroom and 2-bedroom, accounting for 46.1% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,820 | $1,920 |
| Studio Rent | $1,420 | $1,440 |
| 1 Bed Rent | $1,720 | $1,700 |
| 2 Bed Rent | $2,260 | $2,230 |
| 3 Bed Rent | $2,550 | $2,800 |
| 4 Bed Rent | $3,800 | $4,590 |
% of Rental Stock
Property Listings — Dilworth, Charlotte, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Dilworth, Charlotte, NC is 49. This is a increase of 38.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $681,000 | -3.0% |
Listing Count | 131 | 12.0% |
| Listings as % of Homes | 0.6% | 12.0% |
Days on Market | 49 | 38.0% |
Demographics — Dilworth, Charlotte, NC
As of the latest ACS Survey released in 2023, Dilworth, Charlotte, NC has a population of 23,900, which has increased by 5.5% over the past 5 years. Dilworth, Charlotte, NC is a moderately popular place for families, as children make up 18.4% of the population. The area has a highly educated workforce, with 69.5% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 25.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,900 | 5.5% |
% Under 18 | 18.4% | -5.2% |
% Seniors | 9.9% | -2.9% |
% WFH | 25.5% | 264.3% |
% w/ College Degree | 69.5% | 10.0% |
As of the latest ACS Survey released in 2023, Dilworth, Charlotte, NC is a predominantly white area, with 77.6% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Dilworth, Charlotte, NC is hispanic, making up 7.9% of the population. Foreign-born residents account for 8.9% of the population in Dilworth, Charlotte, NC, and this percentage has decreased by 11.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.6% | -0.4% |
% Black | 7.1% | 0.0% |
% Hispanic | 7.9% | -30.7% |
% Asian | 2.7% | 22.7% |
% Foreign Born | 8.9% | -11.9% |
Mortgage and Risk — Dilworth, Charlotte, NC
According to HUD data as of 2023, there were 591 mortgage originations in Dilworth, Charlotte, NC, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in Dilworth, Charlotte, NC. Investor activity is low, as 2.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 591 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Dilworth, Charlotte, NC
As of 2024, the percent of homes in Dilworth, Charlotte, NC under the Section 8 program is 7.3%. 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 Dilworth, 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 | 463 |
Total Units Section 8 | 463 |
% Rentals under Section 8 | 7.3% |
% Occupied Section 8 | 61.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $100 | $1,720 | $1,820 |
| 2 Bedroom | -$240 | $2,260 | $2,020 |
| 3 Bedroom | -$60 | $2,550 | $2,490 |
| 4 Bedroom | -$640 | $3,800 | $3,160 |
Affordability — Dilworth, Charlotte, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $640,000 |
| Median Household Income | $97,800 |