Housing Market Report for W R Odell Elementary, Concord, NC

This housing market report uses absorption rates to track supply and demand for W R Odell Elementary, Concord, NC. With 3.8 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: September 19, 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.

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Marco Amidei
Real Estate Agent

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Houses

Hottest Segment 🔥
$500k – $550k

Absorption rate of 0.9, with 1.1 months of inventory.

Coolest Segment ❄️
$550k – $600k

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$500k – $550k

2 active listings with 11 sold in the last 6 months.

Market Overview
All Segments

Supply and demand are roughly in balance at 3.4 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
250k-275k 1 0.2 0 Seller's
325k-350k 1 1 0.2 6 Balanced
350k-375k 3 0.5 0 Seller's
375k-400k 1 0.2 0 Seller's
400k-425k 1 0
425k-450k 1 0
450k-475k 2 3 0.3 4 Balanced
475k-500k 2 3 0.3 4 Balanced
500k-550k 2 11 0.9 1.1 Seller's
550k-600k 10 5 0.1 12 Buyer's
600k-650k 7 9 0.2 4.7 Balanced
650k-700k 3 7 0.4 2.6 Seller's
700k-750k 3 8 0.4 2.3 Seller's
750k-800k 4 0.7 0 Seller's
800k-850k 1 2 0.3 3 Balanced
3m-3.5m 1 0.2 0 Seller's

Townhouses

Hottest Segment 🔥
$325k – $350k

Absorption rate of 0.3, with 3 months of inventory.

Coolest Segment ❄️
$275k – $300k

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$325k – $350k

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

Market Overview
All Segments

With 6.5 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
275k-300k 1 1 0.2 6 Balanced
300k-325k 1 0.2 0 Seller's
325k-350k 3 6 0.3 3 Balanced
350k-375k 3 0
375k-400k 1 0.2 0 Seller's
400k-425k 1 0
425k-450k 2 0
450k-475k 1 0
475k-500k 1 2 0.3 3 Balanced

Land

Coolest Segment ❄️
$200k – $225k

With 0 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$200k – $225k

0 active listings with 1 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
200k-225k 1 0.2 0 Seller's

Neighboring Cities

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