Real Estate Market Update for Concord, NC
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Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 24% from one year earlier, and down 10% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 220-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 36%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 150-thousand dollars. The number of units sold increased 6% year-over-year, and decreased 9% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Concord, NC
Area Information for Concord, NC
  • Population: 83,482
  • Median Age: 34.67 yr
  • Median Commute Time: 21.9 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 1,385/sq mi
  • Population Change Since 2000: 43.28%
  • Closest Airport: Charlotte/douglas International
  • Closest College: Barber-scotia College
  • Closest Jr. College: Kings College
  • Median Household Income: $54,721
  • Annual Residential Turnover: 20.16%
  • Median Years in Residence: 3.13 yr
  • Median Home Sales Price: $152,000
  • Closest Major Sports Team: Panthers
  • Change Avg. Household Income Since 2000: 19%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Concord, NC
Median Age: 34.67 Married: 33% Number of Households: 30,322 Households with Children: 12,409
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Concord, NC

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      First Assembly Christian School 0.7 mi Private PRESCHOOL-12 0 4
      Long School 1.2 mi Public PRESCHOOL-PRESCHOOL 0 0
      Coltrane-webb Elementary 1.2 mi Public PRESCHOOL-5 3 3
      Cabarrus Co Opportunity School 1.2 mi Public 6-12 0 2
      R B Mcallister Elementary 1.7 mi Public K-5 3 3
      Harris Road Middle 1.8 mi Public 6-8 4-5 4
      J N Fries Middle School 1.8 mi Public 6-8 5 3
      Wolf Meadow Elementary 2.1 mi Public K-5 2 3
      Central Cabarrus High 2.3 mi Public 9-12 3 4
      Beverly Hills Elementary 2.4 mi Public K-5 2-5 5
      Concord High 2.7 mi Public 9-12 2-5 4
      W M Irvin Elementary 3.0 mi Public PRESCHOOL-6 1 5
      Concord Middle 3.0 mi Public 6-8 2-5 3
      New Life Christian Academy 3.0 mi Private PRESCHOOL-8 0 4
      Harold Winkler Middle School 3.1 mi Public 6-8 3-5 4
      Weddington Hills Elementary 3.2 mi Public K-5 3 3
      Covenant Classical School 3.4 mi Private PRESCHOOL-12 0 4
      Rocky River Elementary 3.8 mi Public PRESCHOOL-5 2 3
      Winecoff Elementary 3.8 mi Public PRESCHOOL-5 2 4
      Jay M Robinson High 4.2 mi Public 9-12 3 4
      Cannon School 4.4 mi Private PRESCHOOL-12 0 4
      Cabarrus-kannapolis Early College 4.5 mi Public 9-12 4-5 0
      Pitts School Road Elementary 4.6 mi Public K-5 4 4
      A T Allen Elementary 4.9 mi Public K-6 3 4
      Carl A. Furr Elementary School 5.3 mi Public K-5 3-5 5
      Northwest Cabarrus Middle 5.4 mi Public 6-8 3-5 4
      Northwest Cabarrus High 5.4 mi Public 9-12 2-5 4
      Child Care Griffin Middle 6.0 mi Public 6-8 2-5 3
      Patriots Elementary 6.0 mi Public K-5 3 4
      Cox Mill High School 7.6 mi Public 9-12 4 4
      Cox Mill Elementary 7.6 mi Public K-5 5 4
      Performance Learning Center 8.0 mi Public 9-12 0 0
      W R Odell Elementary 8.3 mi Public K-5 4 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Concord, NC
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.