Market Summary

Kannapolis, Cabarrus County, NC

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Median Home Price Price

$271,492 $271.5K

Median Monthly Rent Rent

$1,427 $1.4K

GRM

16.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Cabarrus County

Region Price Rent GRM Display
$376,244 $1,459 22.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Cabarrus County

Region Price Rent GRM Display
$259,171 $1,263 17.0x
$269,579 $1,407 16.0x
$263,806 $1,052 21.0x
$879,849 $1,437 51.0x
$415,332 $2,398 14.0x
$306,501 $1,331 19.0x
$255,918 $1,367 16.0x
$328,887 $1,512 18.0x
$615,414 $1,451 35.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
$294,575 $1,509 16.0x
$274,926 $1,563 15.0x
$335,714 $1,341 21.0x
$305,163 $1,462 17.0x
$235,740 $1,347 15.0x
$454,247 $2,251 17.0x
$362,667 $2,070 15.0x
$436,985 $2,259 16.0x
$219,982 $1,463 13.0x
$467,961 $2,171 18.0x
$440,341 $1,489 25.0x
$222,693 $1,158 16.0x
$392,861 $1,545 21.0x
$278,493 $1,503 15.0x
$319,800 $1,827 15.0x
$346,830 $1,444 20.0x
$443,215 $2,406 15.0x
$368,590 $1,453 21.0x
$302,444 $1,418 18.0x
$308,042 $1,849 14.0x
$442,336 $2,382 15.0x
$357,653 $1,411 21.0x
$179,468 $1,083 14.0x
$249,868 $1,583 13.0x
$388,037 $1,473 22.0x

Home prices

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Monthly rent

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GRM

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Kannapolis

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Trend Insights

Median Rent in Kannapolis, NC is $1,427, with MoM change +$7 and YoY change +$25 pointing to positive momentum while volatility is low (std $6).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Kannapolis, NC.

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Metric
Base market Kannapolis, NC
Compare market Select a market
Delta vs base
Median rent
$1,427
N/A
Median price
$271,492
N/A
YoY change
+$25
N/A
Price-to-rent
15.9x
Data unavailable
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