How does the housing market look in Kannapolis? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Kannapolis North Carolina
Median Sale Price
$290,000
17.9%
New Listings
50
33.3%
Number of Homes Sold
41
44.6%
Median Days on Market
36
554.5%
Market Overview
All Home Types
In the last 30 days, homes for sale in Kannapolis, NC sold for a median price of $290,000, up 17.9% compared to the same period last year. The median price per square foot was $192.31, up 11.2% year-over-year. There were 41 homes sold, down from 74 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in Kannapolis, NC was 191, up 12.4% compared to last year. In the last 30 days, 50 new homes were listed for sale, down 33.3% year-over-year. The median days on market was 36, up from 5.5 days last year. The months of supply was 2.56, up from 0.8 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in Kannapolis, NC had a median sale-to-list-price ratio of 94.55%, down 5.4 pt compared to the same period last year. 4.88% of homes sold above list price, down 33.5 pt year-over-year. 60.98% of homes listed dropped in price, up 37.7 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
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Get StartedHomes For Sale In Kannapolis
Lantern Realty & Development • MLS 3938161 • Status: Active
Strategic Property Group • MLS 4000218 • Status: Active
USRealty.com, LLP • MLS 3940961 • Status: Active
The Pathway Group LLC • MLS 3940690 • Status: Active
USRealty.com, LLP • MLS 3940646 • Status: Active
USRealty.com, LLP • MLS 3940567 • Status: Active
Realty Point • MLS 3940436 • Status: Active
Realty Point • MLS 3940431 • Status: Active
Realty Point • MLS 3940427 • Status: Active
Realty Point • MLS 3940215 • Status: Active
Carolina Homes Realty • MLS 3939494 • Status: Active
Keller Williams Premier • MLS 3939787 • Status: Active
Kannapolis Real Estate Agency • MLS 3939472 • Status: Active
Premier Real Estate Team Inc. • MLS 3939548 • Status: Active
NorthGroup Real Estate, Inc. • MLS 3939502 • Status: Active
Lantern Realty & Development • MLS 3939218 • Status: Coming Soon
Lantern Realty & Development • MLS 3938612 • Status: Active
EXP Realty LLC Mooresville • MLS 3937572 • Status: Active
1 Percent Lists Advantage • MLS 3936235 • Status: Active
Lantern Realty & Development • MLS 3934756 • Status: Coming Soon