Yorkmount, Charlotte, NC—28217
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Yorkmount, Charlotte, NC
As of Oct '25, the median home price in Yorkmount, Charlotte, NC is $324,000, with a year-over-year change of -2.8%. This indicates that home prices in Yorkmount, Charlotte, NC are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $324,000 | -2.8% |
| Single Family | $334,000 | -2.3% |
| Condos | $176,000 | -9.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $111,000 | -15.3% |
2 Bed | $260,000 | -3.0% |
3 Bed | $331,000 | -2.6% |
4 Bed | $403,000 | -1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Yorkmount, Charlotte, NC
As of July '25, Rentcast reports the average rent in Yorkmount, Charlotte, NC is $1,670, with a year-over-year rent change of -16.9%. Per bedroom, the median rent as of July '25 in Yorkmount, Charlotte, NC is studios: $1,450, 1-bedrooms: $1,440, 2-bedrooms: $1,720, 3-bedrooms: $2,100, 4-bedrooms: $2,250. The most common rental property sizes in Yorkmount, Charlotte, NC are 2-bedroom and 1-bedroom, accounting for 46.8% and 22.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,670 |
| Studio Rent | $1,440 | $1,450 |
| 1 Bed Rent | $1,340 | $1,440 |
| 2 Bed Rent | $1,580 | $1,720 |
| 3 Bed Rent | $1,960 | $2,100 |
| 4 Bed Rent | $2,280 | $2,250 |
% of Rental Stock
Property Listings — Yorkmount, Charlotte, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Yorkmount, Charlotte, NC is 61. This is a increase of 73.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $434,000 | -1.0% |
Listing Count | 113 | 86.0% |
| Listings as % of Homes | 0.6% | 86.0% |
Days on Market | 61 | 73.0% |
Demographics — Yorkmount, Charlotte, NC
As of the latest ACS Survey released in 2023, Yorkmount, Charlotte, NC has a population of 31,900, which has increased by 8.5% over the past 5 years. Yorkmount, Charlotte, NC is a moderately popular place for families, as children make up 24.8% of the population. The area has a moderately educated workforce, with 35.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 31,900 | 8.5% |
% Under 18 | 24.8% | 2.9% |
% Seniors | 8.1% | 19.1% |
% WFH | 15.8% | 652.4% |
% w/ College Degree | 35.2% | 29.9% |
As of the latest ACS Survey released in 2023, Yorkmount, Charlotte, NC is a predominantly hispanic area, with 36.7% of the population identifying as hispanic. The hispanic population has grown by 13.3% in the last 5 years. The second most common race or ethnicity in Yorkmount, Charlotte, NC is black, making up 35.1% of the population. Foreign-born residents account for 34.3% of the population in Yorkmount, Charlotte, NC, and this percentage has increased by 13.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 17.5% | 23.2% |
% Black | 35.1% | -18.0% |
% Hispanic | 36.7% | 13.3% |
% Asian | 8.5% | -8.6% |
% Foreign Born | 34.3% | 13.6% |
Mortgage and Risk — Yorkmount, Charlotte, NC
According to HUD data as of 2023, there were 405 mortgage originations in Yorkmount, Charlotte, NC, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Yorkmount, Charlotte, NC. Investor activity is low, as 4.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 405 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 4.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Yorkmount, Charlotte, NC
As of 2024, the percent of homes in Yorkmount, Charlotte, NC under the Section 8 program is 6.6%. 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 Yorkmount, 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 | 515 |
Total Units Section 8 | 515 |
% Rentals under Section 8 | 6.6% |
% Occupied Section 8 | 61.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $520 | $1,340 | $1,860 |
| 2 Bedroom | $480 | $1,580 | $2,060 |
| 3 Bedroom | $580 | $1,960 | $2,540 |
| 4 Bedroom | $940 | $2,280 | $3,220 |
Affordability — Yorkmount, Charlotte, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.2 |
| Median Home Price | $324,000 |
| Median Household Income | $60,400 |