Is Concord, NC 28027 a buyer’s or seller’s market?
Concord is a seller’s market. With about 3.7 months of supply and 13% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 33% of U.S. ZIP codes, and #173 of 424 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Concord housing market right now
In the three months ending August 31, 2026, 13% of homes in Concord, NC 28027 sold above their list price, the typical home went under contract in 54 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 264 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold more slowly (47 days then) and the median sale price held steady to $444,808. Overall, Concord is less competitive than a year ago, which gives buyers more room.
Within Cabarrus County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Concord ranks #173 of 424 NC ZIP codes with enough sales (score 35 out of 100).
Nearby, buyers who want less competition could look at Harrisburg 28075 (6% sold over asking) or Kannapolis 28083 (9% sold over asking).
Run the numbers for 28027
Nearby markets
Concord 28025Balanced $191 /sq ftHarrisburg 28075Seller’s market $205 /sq ftKannapolis 28081Seller’s market $207 /sq ftKannapolis 28083Balanced $201 /sq ft Browse all markets →Towns like Concord nearby
Find towns like Concord in other states →Where Concord is
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Questions about Concord real estate
Is Concord a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Concord, NC 28027 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Concord?
The typical home went under contract in 54 days in the latest three months.
Do homes in Concord sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 98.5% of the list price.
What are property taxes in Concord?
About 0.73% of a home’s value a year in Cabarrus County, or roughly $2,920 on a $400,000 home.
What is the median home price in Concord?
The median sale price was $444,808 in the three months ending August 31, 2026, about $206 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology