The median sale price of a home sold in June 2017 in Kannapolis was unchanged while total sales increased by 8.3%, according to BlockShopper.com.
In June 2017, there were 91 homes sold, with a median sale price of $139,000. There were 84 homes sold in Kannapolis in June 2016, and the median sales price for the period was also $139,000.
The median sales tax in Kannapolis for 2017 was $1,312. In 2016, the median sales tax was $1,293. This marks an increase of 1.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.9%.
The following table compares Kannapolis 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% |
