In February 2021, there were 68 homes sold, with a median sale price of $158,750 - a 3.8% decrease over the $165,000 median sale price for the same period of the previous year. There were 65 homes sold in Kannapolis in February 2020.
The median sales tax in Kannapolis for the most recent year with available data, 2019, was $1,384, approximately 0.9% of the median home sale price for February 2021.
The following table compares Kannapolis to other Cabarrus County cities in February 2021:
| City | Feb. 2021 Home Sales | Feb. 2020 Home Sales | % change (Total Home Sales) | Feb. 2021 Median Sales Price | Feb. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Harrisburg | 26 | 25 | 4% | $319,500 | $325,000 | -1.7% |
| Mount Pleasant | 3 | 2 | 50% | $296,500 | $128,750 | 130.3% |
| Midland | 12 | 12 | 0% | $265,000 | $190,750 | 38.9% |
| Locust | 2 | 0 | - | $254,000 | $0 | - |
| Concord | 176 | 168 | 4.8% | $232,750 | $199,000 | 17% |
| Charlotte | 5 | 2 | 150% | $209,000 | $93,000 | 124.7% |
| Kannapolis | 68 | 65 | 4.6% | $158,750 | $165,000 | -3.8% |
| Fisher Town | 1 | 2 | -50% | $66,000 | $80,750 | -18.3% |
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