Housing Market Report for Kannapolis, NC

This housing market report uses absorption rates to track supply and demand for Kannapolis, NC. With 4.7 months of inventory across all segments, the market is currently balanced — supply and demand are roughly equal, giving buyers and sellers relatively equal negotiating leverage. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 17, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

Dan Kaiser
Dan Kaiser
Real Estate Agent

Have questions? Looking to buy or sell? (888) 326-2726

Houses

Hottest Segment 🔥
$100k – $125k

Absorption rate of 0.7, with 1.5 months of inventory.

Coolest Segment ❄️
$700k – $750k

With 18 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$275k – $300k

27 active listings with 43 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 4.1 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
75k-100k 2 0.3 0 Seller's
100k-125k 1 4 0.7 1.5 Seller's
125k-150k 3 6 0.3 3 Balanced
150k-175k 3 8 0.4 2.3 Seller's
175k-200k 7 16 1 0.4 2.6 Seller's
200k-225k 16 18 0.2 5.3 Balanced
225k-250k 26 28 0.2 5.6 Balanced
250k-275k 14 35 0.4 2.4 Seller's
275k-300k 27 43 2 0.3 3.8 Balanced
300k-325k 18 36 0.3 3 Balanced
325k-350k 25 30 0.2 5 Balanced
350k-375k 10 28 1 0.5 2.1 Seller's
375k-400k 7 20 0.5 2.1 Seller's
400k-425k 12 19 1 0.3 3.8 Balanced
425k-450k 10 15 0.3 4 Balanced
450k-475k 6 5 0.1 7.2 Buyer's
475k-500k 6 8 0.2 4.5 Balanced
500k-550k 20 11 0.1 10.9 Buyer's
550k-600k 11 8 0.1 8.3 Buyer's
600k-650k 5 5 0.2 6 Balanced
650k-700k 2 3 0.3 4 Balanced
700k-750k 3 1 0.1 18 Buyer's
750k-800k 1 0
800k-850k 2 0.3 0 Seller's
850k-900k 1 0
950k-1m 2 1 0.1 12 Buyer's
1m-1.1m 1 0.2 0 Seller's
1.1m-1.2m 1 0
1.2m-1.3m 1 0
1.7m-1.8m 1 0
3.5m-4m 1 0
4m-4.5m 2 0

Townhouses

Hottest Segment 🔥
$275k – $300k

Absorption rate of 0.8, with 1.2 months of inventory.

Coolest Segment ❄️
$225k – $250k

With 18 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$275k – $300k

2 active listings with 10 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 3.3 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
225k-250k 3 1 0.1 18 Buyer's
250k-275k 2 8 0.7 1.5 Seller's
275k-300k 2 10 0.8 1.2 Seller's
300k-325k 3 7 0.4 2.6 Seller's
325k-350k 3 2 0.1 9 Buyer's
350k-375k 2 0
375k-400k 1 0
400k-425k 1 0.2 0 Seller's

Condos

Hottest Segment 🔥
$125k – $150k

Absorption rate of 0.

Most Active
$125k – $150k

4 active listings with 0 sold in the last 6 months.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
125k-150k 4 0
150k-175k 1 0
225k-250k 2 0

Land

Hottest Segment 🔥
$25k – $50k

Absorption rate of 0.5, with 2 months of inventory.

Coolest Segment ❄️
$125k – $150k

With 24 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$50k – $75k

4 active listings with 3 sold in the last 6 months.

Market Overview
All Segments

With 21.5 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
0-25k 3 0
25k-50k 1 3 0.5 2 Seller's
50k-75k 4 3 0.1 8 Buyer's
75k-100k 2 3 0.3 4 Balanced
100k-125k 1 1 0.2 6 Balanced
125k-150k 4 1 0 24
175k-200k 1 1 0.2 6 Balanced
200k-225k 4 0
225k-250k 3 0
275k-300k 1 0
325k-350k 2 0
350k-375k 4 0
375k-400k 1 0
425k-450k 1 0
475k-500k 1 0
650k-700k 1 0
700k-750k 1 0
850k-900k 1 0
950k-1m 2 0
1.1m-1.2m 1 0
1.2m-1.3m 1 0
1.3m-1.4m 1 0
1.9m-2m 1 0
5m-6m 1 0

Neighboring Cities

View cities near Kannapolis