In July 2021, there were 119 homes sold, with a median sale price of $241,000 - a 34.3% increase over the $179,500 median sale price for the same period of the previous year. There were 114 homes sold in Kannapolis in July 2020.
The median sales tax in Kannapolis for the most recent year with available data, 2019, was $1,384, approximately 0.6% of the median home sale price for July 2021.
The following table compares Kannapolis to other Cabarrus County cities in July 2021:
| City | July 2021 Home Sales | July 2020 Home Sales | % change (Total Home Sales) | July 2021 Median Sales Price | July 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Harrisburg | 47 | 55 | -14.5% | $370,000 | $270,000 | 37% |
| Midland | 17 | 18 | -5.6% | $310,000 | $250,000 | 24% |
| Locust | 5 | 5 | 0% | $285,000 | $286,000 | -0.3% |
| Concord | 284 | 246 | 15.4% | $284,500 | $244,750 | 16.2% |
| Kannapolis | 119 | 114 | 4.4% | $241,000 | $179,500 | 34.3% |
| Charlotte | 6 | 3 | 100% | $224,500 | $208,000 | 7.9% |
| Mount Pleasant | 2 | 6 | -66.7% | $90,000 | $201,500 | -55.3% |
| Fisher Town | 0 | 1 | -100% | $0 | $144,000 | -100% |
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