3-digit ZIP regional index
Home appreciation in ZIP codes 282xxCharlotte, NC area
FHFA HPI® data shows the regional home price index for ZIP codes beginning with 282 changed +1.8% over the year to Q2 2026, compared with +2.4% for North Carolina and +3.0% for the United States.
The region covers ZIP codes 28202–28282. Most of its 2010 population lived in Mecklenburg County (99%). Communities in the region include Mint Hill, Concord, Pineville, Harrisburg, Matthews. This is a regional index, not a ZIP5, street, or individual-home estimate.
- 1-year change
- +1.8%
- 5-year change
- +48.8%
- Since Q1 1995
- +378%
- National rank (1 year)
- 674th
Year to Q2 2026
vs U.S. +41.3%
vs U.S. +292%
of 882 ZIP3 regions
ZIP3 282 vs North Carolina and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- ZIP3 282: 477.6
- North Carolina: 376.3
- Charlotte-Concord-Gastonia, NC-SC metro: 412.4
- United States: 391.6
Want a different starting year? Rebase this chart or compare with another ZIP3.
Appreciation by time window
| Window | ZIP3 282 | NC | U.S. | Gap vs NC | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +1.8% | +2.4% | +3.0% | −0.6 pts | −1.2 pts |
| 3 years | +10.8% | +12.3% | +12.9% | −1.5 pts | −2.0 pts |
| 5 years | +48.8% | +51.4% | +41.3% | −2.7 pts | +7.5 pts |
| 10 years | +131% | +113% | +93.3% | +17.4 pts | +37.4 pts |
| Since Q1 1995 | +378% | +276% | +292% | +101.3 pts | +86.1 pts |
If you bought in ZIP3 282 in…
Applying the regional index change from the same quarter of each year to Q2 2026 to an example $300,000 purchase price. Individual homes can differ widely from the regional average.
| Bought in | Index change | $300,000 then, at the regional rate |
|---|---|---|
| Q2 1995 | +368% | $1,402,947 |
| Q2 2000 | +266% | $1,097,786 |
| Q2 2005 | +208% | $923,751 |
| Q2 2010 | +186% | $857,315 |
| Q2 2015 | +150% | $750,448 |
| Q2 2020 | +71.6% | $514,666 |
| Q2 2021 | +48.8% | $446,309 |
| Q2 2023 | +10.8% | $332,497 |
| Q2 2025 | +1.8% | $305,501 |
How ZIP3 282 ranks
Over the past year ZIP3 282 ranks 674th of 882 3-digit ZIP regions nationally and 10th of 20 in North Carolina. Its one-year change is −1.2 pts versus the nation and −0.6 pts versus North Carolina. Rank 1 is the strongest appreciation.
| Window | National rank | Rank in North Carolina |
|---|---|---|
| 1 year | 674th of 882 | 10th of 20 |
| 3 years | 682nd of 882 | 16th of 20 |
| 5 years | 299th of 882 | 16th of 20 |
| 10 years | 35th of 882 | 2nd of 20 |
| Since Q1 1995 | 116th of 879 | 2nd of 20 |
Boom, bust, and recovery in ZIP3 282
ZIP3 282's index peaked in Q1 2008, fell 17.5% to its low in Q2 2012, and regained its peak in Q2 2015, about 7.2 years after the top. Today it sits +152% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| ZIP3 282 | Q1 2008 | Q2 2012 | -17.5% | Q2 2015 (7.2 yrs) | +152% |
| NC | Q1 2008 | Q2 2012 | -13.1% | Q4 2016 (8.8 yrs) | +109% |
| Metro | Q2 2008 | Q2 2012 | -15.7% | Q1 2016 (7.8 yrs) | +130% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, ZIP3 282's index has changed +116% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | ZIP3 282 after inflation | NC after inflation | Metro after inflation | U.S. after inflation |
|---|---|---|---|---|---|
| 1 year | +3.9% | -1.9% | -1.4% | -2.3% | -0.8% |
| 3 years | +9.8% | +0.9% | +2.3% | +1.3% | +2.8% |
| 5 years | +24.0% | +19.9% | +22.1% | +20.9% | +13.9% |
| 10 years | +39.1% | +65.9% | +53.4% | +61.2% | +39.0% |
| Since Q1 1995 | +121% | +116% | +70.0% | +86.3% | +76.8% |
Estimate appreciation for a home in ZIP3 282
Regional estimate
$692,155
- Estimated gain
- $392,155
- Index change
- +131%
- Start index
- 207.01
- End index
- 477.61
ZIP3 282 (Charlotte, NC area), Q2 2016 to Q2 2026. Index type: Native 3-Digit ZIP index.
Nearby 3-digit ZIP regions
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|---|
| 281 · Salisbury, NC area | NC | +0.8% | +52.8% | +286% |
| 280 · Concord, NC area | NC | +1.7% | +51.0% | +278% |
| 297 · Rock Hill, SC area | SC | +4.1% | +51.4% | +285% |
| 286 · Hickory, NC area | NC | +2.5% | +55.7% | +263% |
| 293 · Spartanburg, SC area | SC | +3.2% | +54.1% | +248% |
| 271 · Winston-Salem, NC area | NC | +2.9% | +55.7% | +233% |
Recent quarterly index values
| Period | Index |
|---|---|
| Q2 2026 | 477.61 |
| Q1 2026 | 478.93 |
| Q4 2025 | 475.66 |
| Q3 2025 | 469.75 |
| Q2 2025 | 469.01 |
| Q1 2025 | 463.15 |
| Q4 2024 | 459.61 |
| Q3 2024 | 456.48 |
| Q2 2024 | 459.35 |
| Q1 2024 | 450.80 |
| Q4 2023 | 438.75 |
| Q3 2023 | 441.35 |
Frequently asked questions
- How much have home prices risen in ZIP codes starting with 282?
- Based on FHFA HPI® data for 3-digit ZIP region 282, the regional index changed +1.8% over the year to Q2 2026, +48.8% over five years, +131% over ten years, and +378% since Q1 1995.
- Is ZIP3 282 appreciating faster than North Carolina and the U.S.?
- Over the past year the region's index +1.8% compares with +2.4% for North Carolina and +3.0% for the U.S., a gap of −1.2 pts versus the nation. Over five years the gap versus the nation is +7.5 pts.
- Which ZIP codes are in 3-digit ZIP region 282?
- All ZIP codes that begin with 282. Census 2010 ZIP Code Tabulation Areas in this region run from 28202 to 28282 (27 areas). FHFA publishes one index for the whole 3-digit region, not for each 5-digit ZIP code.
- Can I use this to value my home?
- No. The FHFA HPI® is a broad regional index of average price movement. It is not an appraisal, tax assessment, or automated valuation of any individual property. Use it as general context alongside local sales and a professional opinion.