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Wednesday, November 6, 2024

Pricing for the median home in Concord increased during February 2020

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The median sale price of a home sold in February 2020 in Concord rose by $14,000 while total sales increased by 12%, according to BlockShopper.com.

In February 2020, there were 168 homes sold, with a median sale price of $199,000 - a 7.6% increase over the $185,000 median sale price for the same period of the previous year. There were 150 homes sold in Concord in February 2019.

The median sales tax in Concord for the most recent year with available data, 2019, was $1,643, approximately 0.8% of the median home sale price for February 2020.

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

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Harrisburg2533-24.2%$325,000$240,00035.4%
Concord16815012%$199,000$185,0007.6%
Midland12120%$190,750$216,000-11.7%
Kannapolis6567-3%$165,000$159,0003.8%
Mount Pleasant21100%$128,750$295,000-56.4%
Charlotte20-$93,000$0-
Fisher Town21100%$80,750$171,500-52.9%
Locust00-$0$0-

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