Coulwood, Charlotte, NC28214

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$333,000
2.0% YoY Growth
Median Household Income
$83,600
37.4% 5-Year Growth
Days on Market
76
55.0% Longer than last year
Home Price Forecast
1.6%
Median Rent
$2,000
4.1% YoY Growth
1-Bed Rent
$900
6.2% YoY Growth
2-Bed Rent
$1,350
14.8% YoY Growth
3-Bed Rent
$1,940
4.9% YoY Growth

Property Listings — Coulwood, Charlotte, NC

As of Oct '25, Realtor.com reports that the median days on market for a home in Coulwood, Charlotte, NC is 76. This is a increase of 55.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$390,0006.0%
Listing Count
2203.0%
Listings as % of Homes1.1%3.0%
Days on Market
7655.0%
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Demographics — Coulwood, Charlotte, NC

As of the latest ACS Survey released in 2023, Coulwood, Charlotte, NC has a population of 42,200, which has increased by 2.0% over the past 5 years. Coulwood, Charlotte, NC is a moderately popular place for families, as children make up 23.8% of the population. The area has a moderately educated workforce, with 36.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
42,2002.0%
% Under 18
23.8%-11.2%
% Seniors
11.4%23.9%
% WFH
19.9%306.1%
% w/ College Degree
36.0%39.5%
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As of the latest ACS Survey released in 2023, Coulwood, Charlotte, NC is a predominantly black area, with 40.4% of the population identifying as black. The black population has shrunk by 2.2% in the last 5 years. The second most common race or ethnicity in Coulwood, Charlotte, NC is white, making up 30.0% of the population. Foreign-born residents account for 15.4% of the population in Coulwood, Charlotte, NC, and this percentage has increased by 22.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
30.0%-15.3%
% Black
40.4%-2.2%
% Hispanic
17.9%24.3%
% Asian
6.2%6.9%
% Foreign Born
15.4%22.2%
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Mortgage and Risk — Coulwood, Charlotte, NC

According to HUD data as of 2023, there were 1185 mortgage originations in Coulwood, Charlotte, NC, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Coulwood, Charlotte, NC. Investor activity is low, as 2.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
1,185
% Conventional Loans
73.0%
% Government Loans
27.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
15.0%

Loan Activity

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Rentals and Section 8 — Coulwood, Charlotte, NC

As of 2024, the percent of homes in Coulwood, Charlotte, NC under the Section 8 program is 7.7%. 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. In Coulwood, Charlotte, NC, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
293
Total Units Section 8
293
% Rentals under Section 8
7.7%
% Occupied Section 8
61.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$830$900$1,730
2 Bedroom$560$1,350$1,910
3 Bedroom$420$1,940$2,360
4 Bedroom$840$2,150$2,990

Affordability — Coulwood, Charlotte, NC

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.9
Median Home Price$333,000
Median Household Income$83,600

Coulwood, Charlotte, NC — ZIP Code Boundary Map

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Frequently Asked Questions