Property prices for sale in Kannapolis (North Carolina)

The prices in real estate in Kannapolis, in the North Carolina region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Kannapolis has increased during the last 6 months. In January, the average price per sq.feet was $128. In February this price pretty much remained the same at a value of $132 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $130 to $131.5 per sq.feet. The price per sq.feet has increased 107 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $130.75 to $140.5 during May, and June.

Average price

Based upon to the price in Kannapolis (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $208,264. During February the price went through a considerable rise reaching $272,140. During the following two months (March, April) the price has had an average incrementation from $240,202 to $267,730.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $291,723 they are 61 % more affordable than the average price for Kannapolis. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $196,065.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $92 / sq.feet, with an average $137 / sq.feet price in Kannapolis. The properties with the lowest average prices have 3 bedrooms. They are 18 % cheaper than the average followed by properties with 4 bedrooms with a price at $108 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Mobile Home" as the most affordable one. At an cost of $291,723 it is 46 % cheaper than the average price in Kannapolis. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $246,543 it is 2 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Mobile Home" at an average cost of $65 / sq.feet followed by "Duplex" priced at $76 / sq.feet. "House" is the most costly type of property with a $141 / sq.feet cost followed by "Apartment" with an average price of $105 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Kannapolis
Number of properties used in region North Carolina
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value