Kannapolis, NC
Full City Profile · North Carolina · Cabarrus County County
3.2
/5.0
B
Good
56,470
Population
1,616/sq mi density
$70,691
Median Income
$34,271 per capita
$245,500
Home Value
$279,713 Zillow
$1,168
Median Rent
28.2% income on rent
61°F
Avg Temperature
170
Violent Crime/100K
1,797 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$70,691 median income, 4.7% unemployment
A+
Affordability
4.7 / 5.0
$245,500 home value, $1,168/mo rent
F
Safety
1.0 / 5.0
170 violent crimes/100K
B
Education
3.2 / 5.0
28.1% bachelor's degree or higher
Housing Overview
Median Home Value
$245,500
13% below
US avg: $281,900
Median Rent
$1,168/mo
0% below
US avg: $1,163/mo
Homeownership Rate
65.4%
0% below US avg (65.4%)
Total Housing Units
22,068
Median year built: 1983
Home Value by Source
Census Median
$245,500
Zillow (ZHVI)
$279,713
Redfin Median Sale
$314,900
Median Sale Price
$314,900
Median List Price
$345,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
65.4%
Owner-Occupied
34.6%
Renter-Occupied
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:
$1,168/mo
· Zillow rent:
$1,595/mo
Market Indicators (Redfin)
Median Sale Price
$314,900
Median Days on Market
79 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
43
Price Drops
33.8%
of listings with price reduction
Price Per Sq Ft
$186
Active Inventory
263
homes for sale
Affordability & Housing Stock
Rent Burden
28.2%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
65.4%
Complete Housing Data
Home Values
| Census Median Value | $245,500 |
| Zillow Home Value (ZHVI) | $279,713 |
| Redfin Median Sale | $314,900 |
| Median Sale Price | $314,900 |
| Median List Price | $345,000 |
| Price Per Sq Ft | $186 |
Rent
| Census Median Rent | $1,168 |
| Zillow Rent (ZORI) | $1,595 |
| 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 Market | 79 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 33.8% |
| Homes Sold | 43 |
| Active Inventory | 263 |
| Price Per Sq Ft | $186 |
Ownership & Stock
| Owner-Occupied | 65.4% |
| Renter-Occupied | 34.6% |
| Homeownership Rate | 65.4% |
| Total Housing Units | 22,068 |
| Median Year Built | 1983 |
| Rent Burden | 28.2% |