The housing market in Concord, NC is thriving. The median value of homes in the area is currently $345,000, which is slightly above the national average of $338,100. Additionally, the appreciation rate for local homes over the last year was an impressive 19.53%, compared to 8.27% for homes nationwide. With such strong housing values and appreciation rates, it's no wonder that Concord has become a popular destination for homeowners and real estate investors alike.
The median home cost in Concord is $345,000. Home appreciation the last 10 years has been 129.1%. Home Appreciation in Concord is up 25.3%.
Average Age of Homes
- The median age of Concord real estate is 23 years old
The Rental Market in Concord
- Renters make up 29.1% of the Concord population
- 3.7% of houses and apartments in Concord, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.