The median sale price of a home sold in June 2017 in Concord rose by $10,000 while total sales increased by 8%, according to BlockShopper.com.
In June 2017, there were 271 homes sold, with a median sale price of $185,000 – a 5.7% increase over the $175,000 median sale price for the same period of the previous year. There were 251 homes sold in Concord in June 2016.
The median sales tax in Concord for 2017 was $1,555. In 2016, the median sales tax was $1,043. This marks an increase of 49.2%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.8%.
The following table compares Concord to other Cabarrus County cities in June 2017:
| City | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Harrisburg | 61 | 74 | -17.6% | $265,000 | $251,000 | 5.6% |
| Midland | 15 | 12 | 25% | $194,500 | $172,750 | 12.6% |
| Concord | 271 | 251 | 8% | $185,000 | $175,000 | 5.7% |
| Locust | 2 | 1 | 100% | $143,750 | $160,000 | -10.2% |
| Kannapolis | 91 | 84 | 8.3% | $139,000 | $139,000 | 0% |
| Charlotte | 3 | 5 | -40% | $98,000 | $269,000 | -63.6% |
| Fisher Town | 1 | 1 | 0% | $6,000 | $57,000 | -89.5% |
| Mount Pleasant | 0 | 4 | -100% | $0 | $165,000 | -100% |
