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Kannapolis Market Trends

Today, November 10, 2009

Median Sales Price in Kannapolis

Embed Info
1 yr 5 yr Max
Kannapolis median sales prices
Number of sold homes in Kannapolis
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$76,981-9.4%$87,750$85,000$58,159
3 bedrooms$110,000-6.8%$121,193$118,000$116,000
4 bedrooms$185,000+42.3%$145,872$130,000$151,000
All properties$94,556-13.6%$101,700$109,466$100,500
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Kannapolis Summary

The median sales price for homes in Kannapolis NC for Aug 09 to Oct 09 was $94,556. This represents a decline of 7%, or $7,144, compared to the prior quarter and a decrease of 13.6% compared to the prior year. Sales prices have depreciated 5.9% over the last 5 years in Kannapolis.

The average listing price for Kannapolis homes for sale on Trulia was $209,675 for the week ending Nov 04, which represents an increase of 1.3%, or $2,618, compared to the prior week and an increase of 0%, or $52, compared to the week ending Oct 14. Average price per square foot for Kannapolis NC was $75, a decrease of 7.4% compared to the same period last year.

 

Average Listing Price in Kannapolis

Embed Info
1 yr 5 yr Max
Kannapolis average property price
Kannapolis – number of properties
No. BedroomsWeek ending
Nov 4
w-o-wWeek ending
Oct 28
Week ending
Oct 21
Week ending
Oct 14
1 bedroom-----
2 bedrooms$85,987-2.1%$87,845$88,264$86,953
3 bedrooms$159,094-1.8%$162,049$164,507$160,824
4 bedrooms$317,565+6.9%$297,180$306,725$305,612
All properties$209,675+1.3%$207,057$211,652$209,623
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Average Price Per Sqft for Homes in Kannapolis

Embed Info
1 yr 5 yr Max
Kannapolis average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms$60-25.9%$74$81$51
3 bedrooms$77-6.1%$76$82$75
4 bedrooms$76+1.3%$76$75$72
All properties$75-7.4%$70$81$68
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Homes for Sale in Kannapolis

4438 Trinity Church Road, Kannapolis NC
4438 Trini…
$199,900
3 br  2 ba
505 West 21st Street, Kannapolis NC
505 W 21st…
$157,900
3 br  2 ba
1422 West A Street, Kannapolis NC
1422 W A St…
$92,500
3 br  2 ba
915 North Juniper Avenue, Kannapolis NC
915 N Juni…
$47,000
2 br  1 ba
617 Hillside Street, Kannapolis NC
617 Hillsi…
$59,900
2 br  1 ba
198 Petes Pond Road, Kannapolis NC
198 Petes…
$125,000
3 br  2 ba
View all Kannapolis Homes for Sale
 
Stats & Trends
Kannapolis

Real Estate Overview

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Community Info

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  • 28081
  • 28082
  • 28083
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Nearby Cities

Cities
Median
sales price
Average
listing price
Landis
$107,000
$128,525
China Grove
$118,500
$209,675
Concord
$150,000
$249,985
Harrisburg
$191,902
$305,446
Faith
$107,000
$273,183
Rockwell
$118,500
$216,976
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Advice & Opinions

Recent Q&A in Kannapolis, NC

Q: LIST OF FORCLOSURES 3 answers
Q: RE-Riverwalk development in Concord Beckwith builders 3 answers
Q: LOOKING AT HOME IN ST ANDREWS CONCORD NC, 5 BDRM 2007 SELLING FOR 170,000. HOW LOW SHOULD I GO FOR AN OFFER? NOT MANY HOMES IN THAT PRICE RANGE 3 answers
Q: We are re locating to University Area. Our budget limit is $225000.00. Are there any homes in Old Stone? 6 answers
Q: Will banks accept offers that are 30-35% under asking price on bank-owned properties? 6 answers

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More Advice & Opinions:
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Nearby Cities Real Estate

  • Landis Real Estate
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

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Kannapolis Stats & Trends

  • Kannapolis Real Estate Overview
  • Kannapolis Schools
  • Kannapolis Community Info
  • Kannapolis Home Prices
  • Kannapolis Real Estate
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Our real estate market trends page gives you a valuable overview of the Kannapolis real estate market. Find Kannapolis properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Kannapolis average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Kannapolis housing statistics are available for each Kannapolis, NC neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.