From January through June of 2021, there were 305 homes sold, with a median sale price of $180,000 - a 10.4% increase over the $163,000 median sale price for the same period of the previous year. There were 437 homes sold in Kannapolis in the first half of 2020.
The median sales tax in Kannapolis for the most recent year with available data, 2019, was $1,384, approximately 0.8% of the median home sale price for the first half of 2021.
The following table compares Kannapolis to other Cabarrus County cities in the first half of 2021:
| City | Jan. - June 2021 Home Sales | Jan. - June 2020 Home Sales | % change (Total Home Sales) | Jan. - June 2021 Median Sales Price | Jan. - June 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Harrisburg | 121 | 159 | -23.9% | $320,000 | $305,000 | 4.9% |
| Locust | 13 | 14 | -7.1% | $305,500 | $302,750 | 0.9% |
| Midland | 36 | 61 | -41% | $297,500 | $225,000 | 32.2% |
| Concord | 761 | 1,082 | -29.7% | $255,000 | $220,000 | 15.9% |
| Charlotte | 12 | 25 | -52% | $248,250 | $227,500 | 9.1% |
| Mount Pleasant | 13 | 23 | -43.5% | $245,000 | $220,000 | 11.4% |
| Kannapolis | 305 | 437 | -30.2% | $180,000 | $163,000 | 10.4% |
| Fisher Town | 4 | 8 | -50% | $105,500 | $144,250 | -26.9% |
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