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Tuesday, November 5, 2024

Home prices increased in Concord during November 2020

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The median sale price of a home sold in November 2020 in Concord rose by $62,000 while total sales increased by 15.5%, according to BlockShopper.com.

In November 2020, there were 209 homes sold, with a median sale price of $248,000 - a 33.3% increase over the $186,000 median sale price for the same period of the previous year. There were 181 homes sold in Concord in November 2019.

The median sales tax in Concord for the most recent year with available data, 2019, was $1,643, approximately 0.7% of the median home sale price for November 2020.

The following table compares Concord to other Cabarrus County cities in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Harrisburg282416.7%$337,750$238,00041.9%
Locust3250%$326,000$262,25024.3%
Mount Pleasant50-$250,000$0-
Concord20918115.5%$248,000$186,00033.3%
Kannapolis1018420.2%$183,000$169,5008%
Charlotte36-50%$177,000$335,500-47.2%
Midland1314-7.1%$69,000$132,000-47.7%
Fisher Town00-$0$0-

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