The story of this market
The typical home in Concord, North Carolina sells for about $375,000, or $205 per square foot.
Prices are down 6.3% from a year ago, which gives buyers more room to negotiate. Homes take about 52 days to sell. HUD's fair market rent for a two-bedroom is $2,000 a month.
Monthly price momentum
Home values since 2015
+2.7%
NC · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Concord, North Carolina
The Concord housing market is currently experiencing a period of price correction, with median sale prices down year-over-year while inventory levels remain relatively tight. Despite the price dip, the city's strong economic fundamentals, including its role as a regional industrial and retail hub, continue to support steady demand. The market is currently characterized by a balanced pace of sales, reflecting a transition toward more sustainable growth after recent years of rapid appreciation.
No ARED county foreclosure postings attributed to Concord yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Deterministic aggregate of 2 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved down 1.6% year over year.
Homes spend a median of 68 days on market with 2.9 months of supply — a fast-moving market.
23% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.4% · poverty 14.0% — a stable, low-distress profile.
- Great Wolf Lodge | Concord4.38 mi
- Frankie's of Charlotte4.514 mi
- Activate Games4.920.6 mi
- Victory Lane Indoor Karting4.517.6 mi
- Ray’s Splash Planet4.419.3 mi
- Bank of America Stadium4.619.9 mi
- Spectrum Center4.519.3 mi
- Charlotte Motor Speedway4.77.1 mi
- Truliant Amphitheater4.49.2 mi
- Carolina Renaissance Festival4.610.5 mi
- Great Wolf Lodge | Concord4.38 mi
- Frankie's of Charlotte4.514 mi
- SEA LIFE Charlotte-Concord4.28.5 mi
- AMC Concord Mills 244.38.6 mi
- Cinergy Dine-In Cinemas in Charlotte4.411.9 mi
- Optimist Hall4.718.4 mi
- NASCAR Hall of Fame4.719.7 mi
- Discovery Place Science4.519.2 mi
- Museum of Illusions Charlotte4.519.8 mi
- N.C. Transportation Museum4.720.9 mi
- Frank Liske Park4.83.9 mi
- Reedy Creek Nature Preserve4.812.5 mi
- Village Park4.87 mi
- Harrisburg Park4.87.7 mi
- Tiger World4.610.8 mi
- Topgolf Charlotte - University4.313.6 mi
- Skybrook Golf Club4.410.4 mi
- Rocky River Golf Club At Concord4.36.9 mi
- Tradition Golf Course4.211.6 mi
- Charles T Myers Golf Course3.814.3 mi
- Concord Mills4.48.4 mi
- Northlake Mall4.315.7 mi
- Patel Brothers4.312.4 mi
- Asian Market4.415.8 mi
- T.J. Maxx & HomeGoods4.37.9 mi
- Charlotte Douglas International Airport3.924.9 mi
- Concord-Padgett Regional Airport4.47.7 mi
- The Club CLT3.324.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A world-class motorsports facility that hosts major NASCAR events, serving as a primary economic and tourism anchor for the city.
The historic heart of the city featuring local boutiques, restaurants, and community events that drive local foot traffic.
A popular paved trail system that provides residents with outdoor recreation and connectivity between neighborhoods and parks.
One of the largest shopping and entertainment destinations in the region, attracting significant visitor traffic and supporting local retail demand.
A large municipal park offering sports fields, fishing, and picnic areas, serving as a central hub for community outdoor activity.
Concord is an ideal fit for families seeking suburban amenities, commuters working in the Charlotte metro area, and investors looking for stable growth in a city with a strong industrial and retail base.
The city is primarily served by the Cabarrus County Schools system, which maintains a diverse portfolio of campuses that generally meet state performance standards and offer robust extracurricular programs.
The city is served by major highway corridors including I-85, providing critical access to Charlotte and the broader Piedmont region for commuters.
Concord offers a diverse amenity base including the expansive Frank Liske Park, the scenic McEachern Greenway, and the historic Downtown Concord district which provides local dining and shopping.
The rental market remains active with a mix of multi-family developments and single-family rentals, supported by the city's proximity to major employment centers and the Charlotte metro area.
The economy is anchored by the motorsports industry, advanced manufacturing, and a robust retail sector, with significant momentum driven by its location in the Charlotte MSA.
Concord serves as a major economic hub in the Charlotte region, anchored by the motorsports industry, significant industrial parks along the I-85 corridor, and major retail developments like Concord Mills.
Development is heavily focused on industrial expansion along the I-85 corridor and continued mixed-use growth near major retail hubs.
Parcels in Concord are subject to city and county property taxes, with potential additional assessments for specific utility or municipal service districts.
Concord experiences crime rates consistent with regional suburban averages for a city of its size, with local law enforcement focusing on community-oriented policing to maintain safety in residential and commercial districts.
The area faces standard regional risks including occasional severe thunderstorms and localized flooding in low-lying areas, though it is well inland from coastal hurricane threats.
Property insurance markets in the area are stable, reflecting the region's moderate risk profile regarding natural disasters.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (North Carolina) — Tax Lien Attachment: A tax lien attaches to all real property, taking priority over all other liens and encumbrances regardless of when they were created. State (North Carolina) — Ad Valorem Property Tax: Tax is calculated by multiplying the assessed value of the property by the combined state and local tax rate. The formula is: Tax = (Assessed Value / 100) * Tax Rate. City (Concord, North Carolina) — City of Concord Property Tax: The City of Concord levies a property tax rate applied to the assessed value of real property as determined by the Cabarrus County Tax Office. The tax is calculated by multiplying the assessed value by the city-wide tax rate per $100 of valuation.
Data retrieved from US Census Bureau QuickFacts and ACS profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
Requires property owners to manage stormwater runoff, adhere to impervious surface limits, and comply with erosion and sediment control measures during construction or land disturbance.
Enforced via the City of Concord Code of Ordinances.
Establishes zoning districts, permitted land uses, density requirements, parking standards, and development design guidelines for all parcels within the city limits.
Codified in the City of Concord Code of Ordinances, updated through November 2025.
applies when — Parcels located within designated local historic districts.
Imposes architectural review requirements and restrictions on exterior alterations, demolition, or new construction to ensure compatibility with the historic character of the district.
Regulated under the Concord Development Ordinance.
Obligates property owners to maintain premises free of public nuisances, including overgrown vegetation, accumulation of refuse, and dilapidated structures, subject to city abatement and fines.
Enforced via the City of Concord Code of Ordinances.
The City of Concord levies a property tax rate applied to the assessed value of real property as determined by the Cabarrus County Tax Office. The tax is calculated by multiplying the assessed value by the city-wide tax rate per $100 of valuation. Property owners are responsible for payment to the tax collector.
Rates are set annually by the City Council as part of the budget process; administration is handled in coordination with Cabarrus County.
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.