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Thursday, December 26, 2024

How did home prices perform in Kannapolis during April 2021?

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The median sale price of a home sold in April 2021 in Kannapolis rose by $48,500 while total sales increased by 49.3%, according to BlockShopper.com.

In April 2021, there were 100 homes sold, with a median sale price of $216,500 - a 28.9% increase over the $168,000 median sale price for the same period of the previous year. There were 67 homes sold in Kannapolis in April 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 April 2021.

The following table compares Kannapolis to other Cabarrus County cities in April 2021:

CityApr. 2021 Home SalesApr. 2020 Home Sales% change (Total Home Sales)Apr. 2021 Median Sales PriceApr. 2020 Median Sales Price% change (Median Sales Price)
Harrisburg402653.8%$352,500$320,00010.2%
Locust73133.3%$285,500$293,000-2.6%
Midland11757.1%$280,000$235,50018.9%
Charlotte34-25%$266,000$216,50022.9%
Mount Pleasant440%$257,500$277,500-7.2%
Concord24917244.8%$257,000$225,00014.2%
Kannapolis1006749.3%$216,500$168,00028.9%
Fisher Town10-$90,000$0-

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