Concord 28027

Charlotte-Concord-Gastonia, NC-SC · Cabarrus County, NC · 967 properties · updated 7/5/2026

Should you buy here?buyer-timing lens

53affordability /100

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

Payment burden
28.5%
stretched
Days on market
63
daily
Price cuts
24.7%
of active
Valuation
-45.9%
vs assessor
Look up an address
50
/100
Mixed
stable · balanced · prices easing year-over-year.
Price trend
42
Affordability
65
Valuation
35
Economic health
53

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

59/ 100SellerBalancedBuyer
Balanced Market
DOM: 82d (stable) · Market Dynamics rolling median · hourly
Score Components
Payment Burden (25%)25
Valuation Gap (25%)60
Supply & Demand (20%)100
Buy vs Rent (15%)75
Cancellation Rate (10%)25
Days on Market (5%)75

Balanced market in 28027. List price is roughly fair — focus on condition and value. Payment burden: 28.5% of median income. Median days on market: 82. Renting is approximately 68% cheaper than buying (price-to-rent ratio: 20.2).

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.

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Market snapshoteach number, once

Median price
$418,619
▾ 0.8% YoY
Days on market
63
daily · zip_data
Median rent
$1,725
ZORI
Investor score
49/100
cash-flow lens
Active listings
302
90-day

Valuation3 lenses, different anchors

vs assessor
-45.9%
Market vs assessed value — a tax-roll lag, not a deal signal.
Avg assessor$226,300
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$201
Price-to-income4.7×

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How 28027 ranks in NC
percentile vs all North Carolina ZIPs · n=834
Market velocity51%
Supply tightness40%
Affordability37%
Investment yield51%
Appreciation21%

Affordability, supply & momentum

24SUPPLY
OversuppliedSupply Tightness

Ample inventory — buyers have time and leverage to negotiate.

Months of Supply17.1 mo
Days on Market63d
Inv vs History+12.4%
Listing Density11.3/1k
Affordability — payment burden
Monthly payment (P&I)$2,115
Payment burden28.5%
Median income · ZIP$89,101
Mortgage rate6.49% · 30yr
Total monthly own$2,533
Monthly rent$1,725
Market dynamics
Price cut %24.7%
Momentumstable
LeverageBALANCED
Months of supply17.1
Sales (90d)0
Investment analysis
Median rent$1,725
Price-to-rent20.2
Est. cap rate3.2%
Buy vs rentfavors renting

Livability

Walk score2
Transit score2
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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