Sardis Woods, Charlotte, NC28270

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$664,000
2.4% YoY Growth
Median Household Income
$129,000
35.1% 5-Year Growth
Days on Market
40
1.0% Shorter than last year
Home Price Forecast
1.7%
Median Rent
$1,640
28.2% YoY Growth
1-Bed Rent
$1,320
12.8% YoY Growth
2-Bed Rent
$1,700
8.2% YoY Growth
3-Bed Rent
$2,180
7.0% YoY Growth

Property Listings — Sardis Woods, Charlotte, NC

As of Oct '25, Realtor.com reports that the median days on market for a home in Sardis Woods, Charlotte, NC is 40. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 44.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$712,000-3.0%
Listing Count
14916.0%
Listings as % of Homes0.6%16.0%
Days on Market
40-1.0%
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Demographics — Sardis Woods, Charlotte, NC

As of the latest ACS Survey released in 2023, Sardis Woods, Charlotte, NC has a population of 32,900, which has decreased by -6.1% over the past 5 years. Sardis Woods, Charlotte, NC is a popular place for families, as children make up 25.1% of the population. The area has a highly educated workforce, with 68.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
32,900-6.1%
% Under 18
25.1%-6.3%
% Seniors
13.8%4.5%
% WFH
22.4%113.3%
% w/ College Degree
68.7%7.3%
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As of the latest ACS Survey released in 2023, Sardis Woods, Charlotte, NC is a predominantly white area, with 63.5% of the population identifying as white. The white population has shrunk by 13.3% in the last 5 years. The second most common race or ethnicity in Sardis Woods, Charlotte, NC is black, making up 11.6% of the population. Foreign-born residents account for 19.1% of the population in Sardis Woods, Charlotte, NC, and this percentage has increased by 49.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
63.5%-13.3%
% Black
11.6%9.4%
% Hispanic
10.4%96.2%
% Asian
10.0%31.6%
% Foreign Born
19.1%49.2%
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Mortgage and Risk — Sardis Woods, Charlotte, NC

According to HUD data as of 2023, there were 464 mortgage originations in Sardis Woods, Charlotte, NC, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Sardis Woods, Charlotte, NC. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
464
% Conventional Loans
92.0%
% Government Loans
8.0%
% Investor Loans
1.0%
% Second Loans
1.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Sardis Woods, Charlotte, NC

As of 2024, the percent of homes in Sardis Woods, Charlotte, NC under the Section 8 program is 1.0%. 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 Sardis Woods, 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
41
Total Units Section 8
30
% Rentals under Section 8
1.0%
% Occupied Section 8
61.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$680$1,320$2,000
2 Bedroom$520$1,700$2,220
3 Bedroom$560$2,180$2,740
4 Bedroom$770$2,700$3,470

Affordability — Sardis Woods, Charlotte, NC

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.4
Median Home Price$664,000
Median Household Income$129,000

Sardis Woods, Charlotte, NC — ZIP Code Boundary Map

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Frequently Asked Questions