Beatties Ford, Charlotte, NC28216

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$319,000
2.4% YoY Growth
Median Household Income
$65,000
33.6% 5-Year Growth
Days on Market
49
25.0% Longer than last year
Home Price Forecast
1.6%
Median Rent
$1,690
8.9% YoY Growth
1-Bed Rent
$1,300
22.4% YoY Growth
2-Bed Rent
$1,550
9.9% YoY Growth
3-Bed Rent
$1,920
1.6% YoY Growth

Property Listings — Beatties Ford, Charlotte, NC

As of Oct '25, Realtor.com reports that the median days on market for a home in Beatties Ford, Charlotte, NC is 49. This is a increase of 25.0% 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 37.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$378,0003.0%
Listing Count
28426.0%
Listings as % of Homes0.7%26.0%
Days on Market
4925.0%
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Demographics — Beatties Ford, Charlotte, NC

As of the latest ACS Survey released in 2023, Beatties Ford, Charlotte, NC has a population of 54,100, which has increased by 5.7% over the past 5 years. Beatties Ford, Charlotte, NC is a moderately popular place for families, as children make up 20.7% of the population. The area has a moderately educated workforce, with 34.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 38.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
54,1005.7%
% Under 18
20.7%-14.8%
% Seniors
11.7%18.2%
% WFH
38.1%545.8%
% w/ College Degree
34.7%6.8%
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As of the latest ACS Survey released in 2023, Beatties Ford, Charlotte, NC is a predominantly black area, with 60.3% of the population identifying as black. The black population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Beatties Ford, Charlotte, NC is white, making up 20.3% of the population. Foreign-born residents account for 12.9% of the population in Beatties Ford, Charlotte, NC, and this percentage has increased by 69.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
20.3%-13.6%
% Black
60.3%-6.4%
% Hispanic
12.0%50.0%
% Asian
4.7%123.8%
% Foreign Born
12.9%69.7%
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Mortgage and Risk — Beatties Ford, Charlotte, NC

According to HUD data as of 2023, there were 1243 mortgage originations in Beatties Ford, Charlotte, NC, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in Beatties Ford, Charlotte, NC. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
1,243
% Conventional Loans
74.0%
% Government Loans
26.0%
% Investor Loans
2.0%
% Second Loans
1.0%
% Cash Out Refinance
14.0%

Loan Activity

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Rentals and Section 8 — Beatties Ford, Charlotte, NC

As of 2024, the percent of homes in Beatties Ford, Charlotte, NC under the Section 8 program is 7.6%. 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 Beatties Ford, 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
878
Total Units Section 8
872
% Rentals under Section 8
7.6%
% Occupied Section 8
63.8%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$350$1,300$1,650
2 Bedroom$280$1,550$1,830
3 Bedroom$340$1,920$2,260
4 Bedroom$620$2,240$2,860

Affordability — Beatties Ford, Charlotte, NC

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.9
Median Home Price$319,000
Median Household Income$65,000

Beatties Ford, Charlotte, NC — ZIP Code Boundary Map

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Frequently Asked Questions