South End home values

South End
Charlotte, North Carolina · Neighborhood report
Typical value $675K · ZIP 28203 · Values through Aug 2026

South End at a glance

  • Zillow’s Home Value Index puts the typical home at $675,300 (Aug 2026), +0.8% over the past 12 months and +16% over five years.
  • The Census median home value is $708,600 — 60% above Charlotte overall and 108% above the U.S. median.
  • Median household income is $103,860, so homes cost 6.8× local income.
  • Median rent is $1,829/month (a 3.1% gross rental yield).
  • Its ZIP ranks 1st of 7 Charlotte ZIP codes by home value.
  • These figures are for ZIP 28203, which South End shares with Dilworth.
Value trend

South End home value trend

$675K
Typical value (Aug 2026)
+0.8%
1-year change
+16%
5-year change
+72%
10-year change
South End typical home value, Aug 2016 to Aug 2026$400K$600K20182020202220242026
South EndCharlotte

Over the 12 months to Aug 2026, typical home values in South End rose 0.8%, to about $675,300. That is 0.9 percentage points faster than Charlotte (−0.1%). Over five years the typical home gained $94,300 in value (+16%).

Year-by-year values
MonthTypical valueChange vs year before
Aug 2026$675,300+0.8%
Aug 2025$670,300−1.2%
Aug 2024$678,200+4.7%
Aug 2023$647,700−1.9%
Aug 2022$660,300+13.6%
Aug 2021$581,100+17.1%
Aug 2020$496,300+6.8%
Aug 2019$464,500+2.9%
Aug 2018$451,400+6.9%
Aug 2017$422,500+7.9%
Aug 2016$391,600—

Source: Zillow Home Value Index (ZHVI), typical value of mid-tier homes, smoothed & seasonally adjusted. Areas with several ZIPs: population-weighted.

Value score

South End home value score

2.1
Value Score / 10
Census-based
from local value, rent & income

In ZIP 28203, prices are high relative to rents (a low gross yield), and homes are expensive against local incomes.

How the Value Score is built

Rental yield0.1 / 10
Gross annual rent as a share of home value — 3.1% here. Higher means stronger cash flow.
Affordability4.0 / 10
Home value versus local income — 6.8× here. Lower is more affordable.

Computed figures

3.1%
Gross rental yield
6.8×
Price-to-income
+108%
Value vs U.S.

A transparent value snapshot — computed from U.S. Census ACS (2023) for this ZIP: home value, gross rent and household income. It is not a market-timing or appreciation forecast.

Comparison

South End vs Charlotte, North Carolina and the U.S.

South EndCharlotteNorth CarolinaU.S.
Typical value (Zillow, Aug 2026)$675,300$529,100$379,700—
1-year change+0.8%−0.1%−0.5%—
5-year change+16%+23%+24%—
Median home value (Census)$708,600$441,800$319,400$340,200
Median household income$103,860$96,900$80,400$78,500
Median gross rent$1,829/mo$1,633/mo$1,322/mo$1,406/mo
Price-to-income ratio6.8×4.6×4.0×4.3×
Gross rental yield3.1%4.4%5.0%5.0%
Rent as share of income21%20%20%21%
Mortgage payment*$3,583/mo$2,234/mo$1,615/mo$1,720/mo

Census figures: U.S. Census Bureau ACS 5-year estimates; areas spanning several ZIPs use population-weighted averages of ZIP medians, and city/state columns cover the ZIPs of the places listed on this site. Zillow: ZHVI. *Principal & interest on the Census median value, 20% down, 6.5% fixed, 30 years.

Buying vs renting

What it costs to buy a home in South End

$675K
Typical price
$135K
Down payment (20%)
$3,415
Monthly P&I
$1,829
Median rent

At today’s typical value of $675,300 (Zillow, Aug 2026), a buyer putting 20% down ($135,060) and financing the rest at 6.5% over 30 years would pay about $3,415 a month in principal and interest — 39% of the median household income here. That is well above the common 28% guideline, so buying here typically takes an above-median income, a larger down payment or existing equity. The median rent is $1,829/month, so owning costs roughly 87% more per month than renting, before taxes, insurance and upkeep — the trade-off is building equity.

Estimate only: excludes property tax, insurance, HOA and PMI, which vary by property. Incomes and rents are the latest Census (ACS 2023) figures. Run your own numbers in the estimator below.

Take-aways

What this means for buyers, sellers and investors in South End

Buyers

At 6.8× local income, this is a premium market; expect competition for the few homes at the lower end of the range.

Sellers

Values are up 0.8% on the year, so recent sales support your price — and get a home-specific estimate: condition and size move the number more than the area average.

Investors

A gross rental yield of 3.1% is low — this is an appreciation play rather than a cash-flow market.

Background

About South End

South End is a high-density commercial and residential neighborhood immediately southwest of Uptown Charlotte. It is also one of several Municipal Service Districts in Charlotte.

Source: en.wikipedia.org (CC BY-SA)

Nearby

Other neighborhoods in Charlotte

NameHome value1-yrIncomeRentPrice / income
Ballantyne$508K+0.6%$122K$1,8144.2×
Belmont city data$426K−1.8%$102K$1,8624.2×
Biddleville ZIP 28281 · shared—————
Cherry ZIP 28204 · shared$577K+0.2%$89K$1,6946.5×
Cotswold$702K+4.4%$130K$1,6605.4×
Dilworth ZIP 28203 · shared$709K+0.8%$104K$1,8296.8×
Eastover city data$426K−1.8%$102K$1,8624.2×
Elizabeth ZIP 28204 · shared$577K+0.2%$89K$1,6946.5×
Fourth Ward) city data$426K−1.8%$102K$1,8624.2×
Madison Park city data$426K−1.8%$102K$1,8624.2×
Myers Park city data$426K−1.8%$102K$1,8624.2×
NoDa (North Davidson) city data$426K−1.8%$102K$1,8624.2×
Optimist Park city data$426K−1.8%$102K$1,8624.2×
Plaza Midwood$198K−1.3%$51K$1,1733.9×
Second Ward city data$426K−1.8%$102K$1,8624.2×
South End ZIP 28203 · shared$709K+0.8%$104K$1,8296.8×
SouthPark city data$426K−1.8%$102K$1,8624.2×
Steele Creek$305K−2.1%$85K$1,6713.6×
Third Ward city data$426K−1.8%$102K$1,8624.2×
University City city data$426K−1.8%$102K$1,8624.2×
Uptown (First Ward city data$426K−1.8%$102K$1,8624.2×
Uptown (First Ward, Second Ward, Third Ward, Fourth Ward) city data$426K−1.8%$102K$1,8624.2×
Villa Heights$240K−3.0%$51K$1,2254.7×
Wesley Heights ZIP 28281 · shared—————

Home value, income and rent: Census ACS medians; 1-yr: Zillow ZHVI change over 12 months. Tap a column heading to sort.

Common questions

South End real estate FAQ

Are home prices going up in South End?

Up — the Zillow Home Value Index for South End rose 0.8% in the 12 months to Aug 2026, to about $675,300. Charlotte changed −0.1% over the same period. Over five years values are +16%.

What is the typical home value in South End?

The median owner-occupied home in South End is valued at about $708,600 according to the U.S. Census Bureau’s ACS 2023 5-year estimates — 108% above the U.S. median and 60% above Charlotte. Zillow’s more current index puts the typical home at about $675,300.

Is South End affordable?

Homes cost about 6.8× the median household income of $103,860, which makes it an expensive market relative to local earnings. At today’s typical value of about $675,300, principal and interest would take about 39% of that income.

How much is rent in South End?

Median gross rent (rent plus utilities) is about $1,829 a month, 30% above the U.S. median, or 21% of the median household income.

Is South End good for rental property investment?

The gross rental yield — a year of median rent divided by the typical home value — is 3.1%. That is low, so investors here usually rely on appreciation rather than rental income.
Your home

What’s your South End home worth?

Just lookingColdReady to sell

Estimates are informational only and are not an appraisal.

Methodology

About this data

Data last updated: September 2026.

Current values and trends use the Zillow Home Value Index (ZHVI) — the typical value of mid-tier homes, smoothed and seasonally adjusted — through Aug 2026. It is refreshed monthly.

Median values, incomes, rents, housing stock and commutes come from the U.S. Census Bureau’s American Community Survey (ACS) 5-year estimates at ZIP Code Tabulation Area level. City and state figures are population-weighted averages of their ZIPs.

The Value Score (0–10) blends gross rental yield and price-to-income affordability. It is a value snapshot, not a forecast.

Mortgage figures assume 20% down and a 6.5% fixed 30-year loan, principal and interest only.

These are area-level statistics, not an appraisal of any individual property, and not financial advice.

Sources: U.S. Census ACS · Zillow ZHVI.