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Concord, NC

Full City Profile · North Carolina · Cabarrus County County

3.6 /5.0
B+ Good
106,518 Population 1,646/sq mi density
$84,752 Median Income $40,763 per capita
$327,600 Home Value $378,231 Zillow
$1,365 Median Rent 32.2% income on rent
62°F Avg Temperature 302 sunny days/yr
122 Violent Crime/100K 1,650 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$84,752 median income, 3.4% unemployment
A+
Affordability
4.5 / 5.0
$327,600 home value, $1,365/mo rent
F
Safety
1.0 / 5.0
122 violent crimes/100K
A
Education
4.3 / 5.0
41.7% bachelor's degree or higher

Housing Overview

Median Home Value
$327,600
16% above
US avg: $281,900
Median Rent
$1,365/mo
17% above
US avg: $1,163/mo
Homeownership Rate
66.4%
2% above US avg (65.4%)
Total Housing Units
41,988
Median year built: 1996

Home Value by Source

Census Median
$327,600
Zillow (ZHVI)
$378,231
Median Sale Price
$372,000
Median List Price
$405,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.4%
Owner-Occupied
33.6%
Renter-Occupied
66%
34%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent: $1,365/mo · Zillow rent: $1,727/mo

Market Indicators (Redfin)

Median Days on Market
87 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
69
Price Drops
25.5%
of listings with price reduction
Price Per Sq Ft
$203
Active Inventory
396
homes for sale

Affordability & Housing Stock

Rent Burden
32.2%
of renters spending 30%+ of income on housing
4% above US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
66.4%

Complete Housing Data

Home Values

Census Median Value$327,600
Zillow Home Value (ZHVI)$378,231
Median Sale Price$372,000
Median List Price$405,000
Price Per Sq Ft$203

Rent

Census Median Rent$1,365
Zillow Rent (ZORI)$1,727
FMR Studio$932
FMR 1-Bedroom$981
FMR 2-Bedroom$1,161
FMR 3-Bedroom$1,499
FMR 4-Bedroom$1,780

Market

Days on Market87
Sale-to-List Ratio1.0%
Price Drops25.5%
Homes Sold69
Active Inventory396
Price Per Sq Ft$203

Ownership & Stock

Owner-Occupied66.4%
Renter-Occupied33.6%
Homeownership Rate66.4%
Total Housing Units41,988
Median Year Built1996
Rent Burden32.2%