Rental market snapshot for Wendover-Sedgewood, Charlotte

Wendover-Sedgewood rental market summary

The rental market in Wendover-Sedgewood, North Carolina is relatively stable. In July 2023, there were 30 new listings, indicating that the market is still active. The median rent in July 2023 was the same as in June 2023 and July 2022, at $1,437, indicating that the rental market is not experiencing any significant changes in rent prices. This suggests that the rental market in Wendover-Sedgewood is relatively stable and that rent prices are not likely to increase or decrease significantly in the near future.

Overall, the rental market in Wendover-Sedgewood, North Carolina is relatively healthy. The number of new listings in July 2023 indicates that the market is still active and that there is still demand for rental properties. Additionally, the fact that the median rent has remained the same for the past two years suggests that rent prices are not likely to experience any significant changes in the near future. This indicates that the rental market in Wendover-Sedgewood is relatively stable and that it is a good place to invest in rental properties.

Median rent for all residential properties in Wendover-Sedgewood

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The most expensive listings and top trending buildings in Wendover-Sedgewood

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Bedroom Breakdown in Wendover-Sedgewood

1 Bedroom
$1,434
MEDIAN RENT
2 Bedroom
$1,342
MEDIAN RENT

Wendover-Sedgewood neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Wendover-Sedgewood, North Carolina, for studios.

The rental market for 1-bedroom apartments in Wendover-Sedgewood, North Carolina, saw a slight increase in July 2023, with 8 new listings added to the market. The median rent for 1-bedroom apartments in July 2023 was $1,434, a slight increase of .2% from the median rent in June 2023, which was $1,431. This indicates that the rental market for 1-bedroom apartments in Wendover-Sedgewood is stable, with a slight increase in rent prices.

The rental market for 2-bedroom apartments in Wendover-Sedgewood, North Carolina is showing signs of growth. In July 2023, there were 4 new 2-bedroom listings, which is an increase from the previous month. The median rent for 2-bedroom apartments in July 2023 was $1,342, which is a 10.5% decrease from the median rent in June 2023. This suggests that the rental market is becoming more affordable for tenants, which could lead to an increase in demand for 2-bedroom apartments in the area.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Wendover-Sedgewood is $1,437.
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