Housing in Kannapolis, NC

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$303,500

Median List Price

$319,990

Price Per Sq Ft

$205

Days on Market

72

Active Inventory

254

Months of Supply

4.9

Balanced market

Zillow Home Value

$273,114

ZHVI — January 2026

Zillow Rent Index

$1,581

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 0.3%List Price 1.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

15.4%

Off Market in 2 Weeks

19.7%

Sale-to-List Ratio

97.8%

Buyer's market

Sold Above Asking
15.4%
Under Contract in 2 Wks
19.7%
Listings with Price Drops
37.4%

Market Activity

Source: Redfin

Homes Sold

52

New Listings

85

Homes Sold 39.5%New Listings 22.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$205

Median List $/SF

$213

Sale $/SF 0.5%List $/SF 2.9%Mar 24Jan 26

Kannapolis vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Kannapolis is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$245,500

Median Rent

$1,168

Total Housing Units

23,969

Vacancy Rate

12.8%

Owner Occupied

65.4%

Renter Occupied

34.6%

Median Property Tax

$2,167

per year

Monthly Cost (w/ Mortgage)

$1,182

Housing Types

Single Family
79.2%
Multi-Family
17.4%
Mobile Home
3.5%

The current median sale price in Kannapolis, NC is $303,500 according to Redfin data. Homes spend a median of 72 days on the market. 15.4% of homes sold above asking price. The market has 4.9 months of supply. The median price per square foot is $205. Zillow's observed rent index is $1,581/month. About 65.4% of housing units are owner-occupied. The median year homes were built is 1985. There are 23,969 total housing units.