In October 2020, there were 84 homes sold, with a median sale price of $188,750 - a 18% increase over the $160,000 median sale price for the same period of the previous year. There were 97 homes sold in Kannapolis in October 2019.
The median sales tax in Kannapolis for the most recent year with available data, 2019, was $1,384, approximately 0.7% of the median home sale price for October 2020.
The following table compares Kannapolis to other Cabarrus County cities in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Harrisburg | 39 | 29 | 34.5% | $316,500 | $299,000 | 5.9% |
| Mount Pleasant | 4 | 3 | 33.3% | $299,500 | $224,000 | 33.7% |
| Concord | 249 | 225 | 10.7% | $243,000 | $201,000 | 20.9% |
| Locust | 4 | 8 | -50% | $235,000 | $252,250 | -6.8% |
| Charlotte | 2 | 4 | -50% | $232,500 | $287,500 | -19.1% |
| Midland | 16 | 20 | -20% | $220,000 | $235,000 | -6.4% |
| Kannapolis | 84 | 97 | -13.4% | $188,750 | $160,000 | 18% |
| Fisher Town | 0 | 0 | - | $0 | $0 | - |
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