Concord 28025

Charlotte-Concord-Gastonia, NC-SC · Cabarrus County, NC · 347 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

56affordability /100

Buyer leverage is balanced; weigh payment burden and the 3-lens valuation before bidding.

Payment burden
26.6%
affordable
Days on market
57
daily
Price cuts
24.1%
of active
Valuation
-67%
vs assessor
Look up an address
54
/100
Mixed
stable · balanced · prices easing year-over-year.
Price trend
42
Affordability
85
Valuation
20
Economic health
56

Verdict grades housing conditions; buyer-timing, investor cash-flow, supply-tightness and county macro scores answer different questions — each in its own section.

Buyer / sellerbuyer-timing lens

51/ 100SellerBalancedBuyer
Balanced Market
DOM: 78d (rising) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)25
Supply & Demand (20%)100
Buy vs Rent (15%)50
Cancellation Rate (10%)75
Days on Market (5%)75

Balanced market in 28025. List price is roughly fair — focus on condition and value. Payment burden: 26.6% of median income. Median days on market: 78. Renting is approximately 30% cheaper than buying (price-to-rent ratio: 15.6).

Balanced market conditions. Prices roughly aligned with fundamentals — similar to stable periods in 2014-2015.
STABLEBALANCED

Market is holding steady with balanced conditions. Conditions are balanced between buyers and sellers. Prices down 1.1% YoY.

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Market snapshoteach number, once

Median price
$347,268
▾ 1.1% YoY
Days on market
57
daily · zip_data
Median rent
$1,860
ZORI
Investor score
66/100
cash-flow lens
Active listings
211
90-day

Valuation3 lenses, different anchors

vs assessor
-67.0%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$114,600
county CAMA · properties_v
vs income
Fair-value model not available for this market.
fair_value_scores · 10-state coverage
vs county comps
+79.8%
County-wide market — the widest, slowest signal.
Mecklenburg+79.8%
Lotvox comps · mv_valuation_gap

Read together: Above county comps but sustainable on local incomes.
Pricing detail
Price / sqft$192
Price-to-income4.4×

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How 28025 ranks in NC
percentile vs all North Carolina ZIPs · n=834
Market velocity59%
Supply tightness47%
Affordability49%
Investment yield74%
Appreciation17%

Affordability, supply & momentum

29SUPPLY
BalancedSupply Tightness

Supply and demand are roughly even — standard negotiation dynamics.

Months of Supply20.8 mo
Days on Market57d
Inv vs History-0.7%
Listing Density10.5/1k
Affordability — payment burden
Monthly payment (P&I)$1,754
Payment burden26.6%
Median income · ZIP$79,271
Mortgage rate6.49% · 30yr
Total monthly own$2,101
Monthly rent$1,860
Market dynamics
Price cut %24.1%
Momentumstable
LeverageBALANCED
Months of supply20.8
Sales (90d)0
Investment analysis
Median rent$1,860
Price-to-rent15.6
Est. cap rate4.2%
Buy vs rentneutral

Livability

Walk score2
Transit score1
Bike score

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Cabarrus County contextmacro · jobs · debt · migration

ZIP score grades housing; county score adds macro distress (jobs, debt, poverty). They answer different questions.

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