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Featured local agent — Kannapolis, NC
Sarah Mitchell
Compass Real Estate · Kannapolis, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Kannapolis, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$314,990median sale price
How is the Kannapolis, NC housing market right now?
The median home sale price in Kannapolis, NC is $314,990, up 0.8% year-over-year. Homes sell in an average of 52 days with 294 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Kannapolis a buyer's or seller's market?
Kannapolis, NC is currently a balanced market, based on 3.0 months of supply and homes selling in about 52 days. How we determine this →
Homes sold
97
Last 12 weeks
Days on market
52
Average pace
Active listings
294
3.0 months supply
Sale-to-list
98.5%
Below asking
What does the Kannapolis housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $314,990 |
| Median list price | $324,000 |
| Year-over-year price change | +0.8% |
| Average days on market | 52 days |
| Active inventory | 294 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $191/sq ft |
| Homes sold (latest month) | 97 |
| New listings (latest month) | 101 |
| Listings with a price cut | 39.5% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Kannapolis by property type?
How the Kannapolis, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $329,000 | $199/sq ft | 85 | 49 days |
| Condo / Co-op | $167,000 | $167/sq ft | 1 | 61 days |
| Townhouse | $295,000 | $178/sq ft | 9 | 83 days |
Source: Redfin · Updated monthly
The Kannapolis housing market is currently classified as a balanced market with a median sale price of $314,990. Prices have risen 0.8% compared to last year, with homes spending an average of 52 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.0x provides context for how home values compare to local earning capacity.
Homes for sale in Kannapolis
There are currently 294 homes listed for sale in Kannapolis, North Carolina. The median listing price is $324K.
Active listings
294
Homes on market
Median list price
$324K
Avg. days on market
52
Days until sale
New this week
101
Newly listed
Who lives in Kannapolis?
Population
56,470
Median income
$70,691/yr
Median age
37.7 years
Owner-occupied
65.4%
College grads
28.1%
Avg commute
25.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Kannapolis?
Zillow home value
$284,683
Zillow rent index
$1,667/mo
Price-to-rent ratio
14.2x
Price-to-income
4.0x
Source: Zillow Research
What is it like to live in Kannapolis?
Kannapolis is a community of approximately 56K residents with a median age of 37.7 years.The median household income is $70,691, which represents a working-class community with solid middle-income opportunities. 28.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 65.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Kannapolis offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Kannapolis?
11 schools tracked · 7,578 students
The largest public schools serving Kannapolis, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
A L Brown High
Grades 9-12 · 1,776 students
Kannapolis Middle
Grades 6-8 · 1,171 students
Charles E Boger Elementary
Grades PK-5 · 887 students
Concord Lake STEAM Academy
Grades K-8 · 708 students
Royal Oaks Elementary
Grades K-8 · 598 students
GW Carver Elementary
Grades K-5 · 494 students
Forest Park Elementary
Grades K-5 · 476 students
Jackson Park Elementary
Grades K-5 · 435 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Kannapolis, NC?
Want a head-to-head view? Compare Kannapolis side-by-side with any other U.S. city using our market-comparison tool.
Is Kannapolis a good real estate investment market?
For investors evaluating Kannapolis, the price-to-rent ratio of 14.2x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 0.8% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Kannapolis's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Kannapolis's median home price.
Frequently asked questions
What is the average home price in Kannapolis?
The median home sale price in Kannapolis is $314,990, up 0.8% from last year.
How long do homes stay on market in Kannapolis?
Homes typically spend 52 days on market before going under contract.
What is the median income in Kannapolis?
The median household income is $70,691 per year.
Is Kannapolis a buyer's or seller's market?
With 3.0 months of supply, Kannapolis is currently a balanced market.
What is the Zillow home value estimate for Kannapolis?
The Zillow Home Value Index (ZHVI) for Kannapolis is $284,683, representing the typical home value in the area.
What is the median condo price in Kannapolis?
The median condo/co-op sale price in Kannapolis, NC is $167,000, compared to $329,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Kannapolis?
The median single-family home price in Kannapolis, NC is $329,000 (about $199 per square foot).
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