Reasons to Move to Cabarrus County, NC
Prospective homebuyers are clearly taking advantage of the current interest rates and numerous government assistance programs. These interest rates mean homebuyers in Cabarrus County can now afford much more house for the same monthly payment compared to when rates are higher. Motivated and opportunistic sellers in Cabarrus County can field multiple offers from more qualified buyers, making it a dynamic market for both buyers and sellers.
What type of property to buy in Cabarrus County,
Our extensive database in Cabarrus County includes preforeclosures, foreclosure auction properties, bankruptcies, REOs (real estate owned by lenders), and properties from HUD, VA, Fannie Mae, and other government agencies in Cabarrus County. We also feature listings from over 100 corporate sellers. Our information is updated daily, sourced directly from these entities, ensuring you receive the freshest and most accurate data. This meticulously compiled and organized collection makes your search as straightforward as possible. Only www.foreclosure.com offers this unparalleled, trustworthy resource, backed by our commitment to providing expert, authoritative, and up-to-date information. Visit our FAQ section to read more about the different listing types and how to purchase them.
Pros and Cons of Living in Cabarrus County, NC
How do you know that living in—or moving to— Cabarrus County is the right choice for you? Perhaps you grew up in Cabarrus County or already live nearby, making the decision to buy a home here a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cabarrus County for work or just looking for a fresh start, understanding the neighborhood from afar (online) can be challenging and exhausting.
Here are some expert tips to consider when shopping for foreclosed homes for sale in Cabarrus County:
- Neighborhood Environment: Do you prefer a suburban, urban, or rural setting?
- Shopping and Dining: What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local), and businesses (small, big, mixed) would you like nearby?
- Leisure Activities: What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
- Commute: What type of commute (car, plane, home office) suits your lifestyle?
Creating a "Pros vs. Cons" list of what you need in a home and neighborhood is always a helpful step in making an informed decision. With expert insights and up-to-date market data from foreclosure.com, you can confidently explore the opportunities in Cabarrus County, .
Kannapolis, NC Foreclosures
How much do homes sell for in Kannapolis, NC?
The average home price is currently $321,426.
What’s the average rental cost in Kannapolis, NC?
The average rental price in Kannapolis is $1,003.
What is the most expensive home in Kannapolis?
The most expensive home sold in Kannapolis had a price of $102,162,824.
What is currently the cheapest priced home in Kannapolis, NC?
The cheapest home for sale in Kannapolis is priced at $10,381.
Living in Kannapolis, NC
Kannapolis, NC is a charming city that combines a rich historical background with modern amenities. Ideal for families and professionals, it features excellent schools, abundant parks, and a revitalized downtown area with quaint shops and restaurants. The city is well-connected and offers easy access to larger metropolitan areas while maintaining a small-town feel.
Current Market Conditions in Kannapolis, NC
The real estate market in Kannapolis has been on an upward trend, with an increasing number of homes being sold. The average home price has risen significantly in the past few months, indicating a strong demand for housing in the area. This shift is drawing interest from both buyers and investors looking for opportunities in the growing market.
Recent developments in downtown Kannapolis, including new businesses and improved infrastructure, are contributing to the rising home values. With the addition of parks and community events, the quality of life has improved, making the area increasingly desirable.
Home Value Estimator For Kannapolis, NC
There are currently 23,266 real estate properties
in Kannapolis, NC,
with a median automated valuation model (AVM) price
of $263,290.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Kannapolis, NC, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Kannapolis, NC,
is $321,426.00, with the most expensive house
in Kannapolis, NC, topping out
at $102,162,824.00 and the cheapest home
in Kannapolis, NC,
clocking in at $10,381.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Kannapolis, NC!
Rent Prices
In Kannapolis, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Kannapolis, NC, is on
a rollercoaster ride. The
average rent price in Kannapolis, NC,
is $1,003.00. Indeed, when looking to rent in
Kannapolis, NC, you can expect to pay as little
as $540.00 or as much
as $3,260.00,
with the average rent median estimated to
be $950.00. The good news is that finding
an affordable and desirable property to rent in Kannapolis, NC
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
