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Wednesday, November 6, 2024

Median home prices in Concord rose to $280,000 in May 2021

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The median sale price of a home sold in May 2021 in Concord rose by $61,750 while total sales decreased by 60.4%, according to BlockShopper.com.

In May 2021, there were 65 homes sold, with a median sale price of $280,000 - a 28.3% increase over the $218,250 median sale price for the same period of the previous year. There were 164 homes sold in Concord in May 2020.

The median sales tax in Concord for the most recent year with available data, 2019, was $1,643, approximately 0.6% of the median home sale price for May 2021.

The following table compares Concord to other Cabarrus County cities in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Charlotte13-66.7%$443,000$182,000143.4%
Midland17-85.7%$424,000$265,00060%
Harrisburg825-68%$340,000$305,00011.5%
Locust15-80%$313,500$241,50029.8%
Concord65164-60.4%$280,000$218,25028.3%
Mount Pleasant110%$230,000$75,000206.7%
Kannapolis1865-72.3%$219,750$159,00038.2%
Fisher Town02-100%$0$231,000-100%

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