Housing in 28083 Kannapolis, NC is quite lucrative with a median value of $240,800, compared to the national median housing value of $338,100. The appreciation rate of housing in Kannapolis over the past year has been an impressive 19.65%, in contrast to the US 1 year house appreciation rate of 8.27%. This high rate of appreciation indicates that investing in real estate within this zip code can be a smart move for many potential buyers or investors.
The median home cost in Kannapolis (zip 28083) is $240,800. Home appreciation the last 10 years has been 127.7%. Home Appreciation in Kannapolis (zip 28083) is up 25.4%.
Average Age of Homes
- The median age of Kannapolis (zip 28083) real estate is 47 years old
The Rental Market in Kannapolis (zip 28083)
- Renters make up 29.8% of the Kannapolis (zip 28083) population
- 4.5% of houses and apartments in Kannapolis (zip 28083), 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.