Highland Creek, Charlotte, NC—28269
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Highland Creek, Charlotte, NC
As of Oct '25, the median home price in Highland Creek, Charlotte, NC is $358,000, with a year-over-year change of -2.6%. This indicates that home prices in Highland Creek, 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 | $358,000 | -2.6% |
| Single Family | $361,000 | -2.4% |
| Condos | $274,000 | -2.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $258,000 | -3.7% |
3 Bed | $333,000 | -2.6% |
4 Bed | $426,000 | -1.8% |
| 5 Bed | $540,000 | -0.9% |
% of Housing Stock
Rental Trends — Highland Creek, Charlotte, NC
As of July '25, Rentcast reports the average rent in Highland Creek, Charlotte, NC is $1,890, with a year-over-year rent change of -7.8%. Per bedroom, the median rent as of July '25 in Highland Creek, Charlotte, NC is studios: $1,170, 1-bedrooms: $1,300, 2-bedrooms: $1,690, 3-bedrooms: $2,030, 4-bedrooms: $2,360. The most common rental property sizes in Highland Creek, Charlotte, NC are 3-bedroom and 2-bedroom, accounting for 34.8% and 24.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,900 | $1,890 |
| Studio Rent | $1,070 | $1,170 |
| 1 Bed Rent | $1,310 | $1,300 |
| 2 Bed Rent | $1,610 | $1,690 |
| 3 Bed Rent | $2,000 | $2,030 |
| 4 Bed Rent | $2,340 | $2,360 |
% of Rental Stock
Property Listings — Highland Creek, Charlotte, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Highland Creek, Charlotte, NC is 47. This is a increase of 10.0% 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.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $390,000 | 0.0% |
Listing Count | 402 | 28.0% |
| Listings as % of Homes | 0.9% | 28.0% |
Days on Market | 47 | 10.0% |
Demographics — Highland Creek, Charlotte, NC
As of the latest ACS Survey released in 2023, Highland Creek, Charlotte, NC has a population of 80,400, which has increased by 4.7% over the past 5 years. Highland Creek, Charlotte, NC is a moderately popular place for families, as children make up 24.3% of the population. The area has a highly educated workforce, with 45.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 34.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 80,400 | 4.7% |
% Under 18 | 24.3% | -1.6% |
% Seniors | 9.7% | 2.1% |
% WFH | 34.1% | 255.2% |
% w/ College Degree | 45.7% | 8.6% |
As of the latest ACS Survey released in 2023, Highland Creek, Charlotte, NC is a predominantly black area, with 50.0% of the population identifying as black. The black population has grown by 8.2% in the last 5 years. The second most common race or ethnicity in Highland Creek, Charlotte, NC is white, making up 26.5% of the population. Foreign-born residents account for 14.8% of the population in Highland Creek, Charlotte, NC, and this percentage has increased by 5.7% 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 | 26.5% | -23.2% |
% Black | 50.0% | 8.2% |
% Hispanic | 15.2% | 61.7% |
% Asian | 4.5% | -37.5% |
% Foreign Born | 14.8% | 5.7% |
Mortgage and Risk — Highland Creek, Charlotte, NC
According to HUD data as of 2023, there were 1433 mortgage originations in Highland Creek, Charlotte, NC, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 31.0% above 90% LTV (very high). This implies large mortgage risk in Highland Creek, Charlotte, NC. Investor activity is low, as 3.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 1,433 |
% Conventional Loans | 77.0% |
% Government Loans | 23.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Highland Creek, Charlotte, NC
As of 2024, the percent of homes in Highland Creek, Charlotte, NC under the Section 8 program is 4.9%. 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 Highland Creek, 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 | 596 |
Total Units Section 8 | 574 |
% Rentals under Section 8 | 4.9% |
% Occupied Section 8 | 67.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $570 | $1,310 | $1,880 |
| 2 Bedroom | $470 | $1,610 | $2,080 |
| 3 Bedroom | $570 | $2,000 | $2,570 |
| 4 Bedroom | $910 | $2,340 | $3,250 |
Affordability — Highland Creek, Charlotte, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.4 |
| Median Home Price | $358,000 |
| Median Household Income | $81,100 |