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Cornelius, NC

Full City Profile · North Carolina · Mecklenburg County County

3.8 /5.0
B+ Good
32,009 Population 2,522/sq mi density
$114,688 Median Income $81,937 per capita
$512,400 Home Value $520,997 Zillow
$1,571 Median Rent 29.3% income on rent
61°F Avg Temperature 310 sunny days/yr
120 Violent Crime/100K 1,409 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$114,688 median income, 2.4% unemployment
A
Affordability
4.2 / 5.0
$512,400 home value, $1,571/mo rent
F
Safety
1.0 / 5.0
120 violent crimes/100K
A+
Education
5.0 / 5.0
59.6% bachelor's degree or higher

Housing Overview

Median Home Value
$512,400
82% above
US avg: $281,900
Median Rent
$1,571/mo
35% above
US avg: $1,163/mo
Homeownership Rate
69.7%
7% above US avg (65.4%)
Total Housing Units
14,358
Median year built: 2001

Home Value by Source

Census Median
$512,400
Zillow (ZHVI)
$520,997
Median Sale Price
$547,000
Median List Price
$625,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.7%
Owner-Occupied
30.3%
Renter-Occupied
70%
30%
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: $1,571/mo · Zillow rent: $1,762/mo

Market Indicators (Redfin)

Median Days on Market
71 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
30
Price Drops
16.6%
of listings with price reduction
Price Per Sq Ft
$284
Active Inventory
151
homes for sale

Affordability & Housing Stock

Rent Burden
29.3%
of renters spending 30%+ of income on housing
5% below US avg (31.0%)
Median Year Built
2001
Average age of housing stock: 25 years
Homeownership Rate
69.7%

Complete Housing Data

Home Values

Census Median Value$512,400
Zillow Home Value (ZHVI)$520,997
Median Sale Price$547,000
Median List Price$625,000
Price Per Sq Ft$284

Rent

Census Median Rent$1,571
Zillow Rent (ZORI)$1,762
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 Market71
Sale-to-List Ratio1.0%
Price Drops16.6%
Homes Sold30
Active Inventory151
Price Per Sq Ft$284

Ownership & Stock

Owner-Occupied69.7%
Renter-Occupied30.3%
Homeownership Rate69.7%
Total Housing Units14,358
Median Year Built2001
Rent Burden29.3%