Kannapolis, NC Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Kannapolis, NC is $314,900, down 0.3% year-over-year. Homes sell in an average of 79 days with 263 active listings. The market is currently a buyer's market.
$314,900median sale price
Is Kannapolis a buyer's or seller's market?
Kannapolis, NC is currently a buyer's market, based on 6.1 months of supply and homes selling in about 79 days. How we determine this →
Homes sold
43
Last 12 weeks
Days on market
79
Average pace
Active listings
263
6.1 months supply
Sale-to-list
96.2%
Below asking
Kannapolis, NC market data
| Metric | Value |
|---|---|
| Median sale price | $314,900 |
| Median list price | $345,000 |
| Year-over-year price change | -0.3% |
| Average days on market | 79 days |
| Active inventory | 263 listings |
| Months of supply | 6.1 months |
| Sale-to-list price ratio | 96.2% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Kannapolis housing market is currently classified as a buyer's market with a median sale price of $314,900. Prices have fallen 0.3% compared to last year, with homes spending an average of 79 days on market, indicating 6.1 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Kannapolis
There are currently 263 homes listed for sale in Kannapolis, North Carolina. The median listing price is $345K.
Active listings
263
Homes on market
Median list price
$345K
Avg. days on market
79
Days until sale
New this week
71
Newly listed
Top public schools in 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.
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Frequently asked questions
What is the average home price in Kannapolis?
The median home sale price in Kannapolis is $314,900, down 0.3% from last year.
How long do homes stay on market in Kannapolis?
Homes typically spend 79 days on market before going under contract.
Is Kannapolis a buyer's or seller's market?
With 6.1 months of supply, Kannapolis is currently a buyer's market.
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