28083 Home Values & Market Trends

There are 57 homes currently listed for 28083. 28083 real estate market trends show that home prices range from $94,000 to $470,000, and the median sales price in the 28083 zip code is $254,105.76. The total number of properties sold within the past twelve months is 632. In 28083, 11 properties are in foreclosure, 1 are bank owned properties,and 4 are headed for auction.

28083 Real Estate Market Overview

CityMedian Est. Value
Kannapolis

$ 281,474

$ 190/sqft

Housing Market Summary for 28083

Apr 2023March 2024Change
Median Listing Price$289K$237.1K-17.97%
Median Sold Price$222.8K$237.1K6.43%
Homes For Sale57593.51%
Homes Sold321293-8.72%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 28083

The median list price of a home in Kannapolis, is $254,105.76. A total of 57 properties are for sale, and the percentage of properties for sale in the zip code is 57.00%. The total count of 28083 properties is 10,328.

Foreclosure
There is 1 cities within 28083; within this cities, the median estimated home value for homes in foreclosure ranges from $389,415 in kannapolis to the lowest value of $108,830 in kannapolis. Foreclosure homes account for 0.00% of properties in 28083 with kannapolis containing 19 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.06% of all residential properties in 28083 with kannapolis containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 28083; of that cities, the estimated home value for pre-foreclosure homes ranges from $347,455 in kannapolis to the lowest home value of $108,830 in kannapolis.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 28083 ranges from the highest value of $266,950 in kannapolis to the lowest value of $266,950 in kannapolis. Bank owned homes and properties account for 0.01% of properties in 28083. There is 1 cities within 28083; kannapolis containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    kannapolis has 8 auction properties, the highest number of properties going to auction in a single city in the state of 28083. Auction homes and other auction properties account for 0.04% of all properties in 28083. There is 1 cities within 28083; of that cities, the median estimated home value for homes going to auction ranges from $389,415 in kannapolis to the lowest value of $156,546 in kannapolis.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.55% of residential properties in 28083 with kannapolis containing 108 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 28083; homes for sale in that cities, have a range of median values from $803,340 in kannapolis to the lowest value of $79,073 in kannapolis.
    Sold Homes
    The median value for recently sold homes ranges from $2,080,499 in kannapolis to the lowest price of $19,972 in kannapolis. There is 1 cities within 28083. kannapolis has 634 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.84% of properties in 28083.

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      Guide for 28083

      Foreclosure
      North Carolina Foreclosure Laws
      Buy to Rent
      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent
      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent
      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      See More Articles
      North Carolina Foreclosure Laws
      Foreclosure|posted 6 June 2019

      North Carolina Foreclosure Laws

      Greensboro Real Estate Trends Shift: Property Values Decline, But Activity Remains Buoyant in 2023 – 2024
      Buy to Rent|posted 12 March 2024

      In Greensboro, NC, real estate trends indicate a decreasing average property value and sale price as of February 2024 while maintaining consistent market activity. Property values in the city indicate an affordable entry point for homebuying in comparison to neighboring areas.

      Real Estate Trends in the Durham, NC – Feb 2024
      Buy to Rent|posted 29 February 2024

      The Durham, NC real estate market is showing dynamic trends, with fluctuations in property value and sold prices across the year and in neighboring cities. Local demand, economic factors, and community growth have created a complex market with growth potential, minimal distressed sales, and distinct opportunities for various buyer segments.

      Charlotte’s Real Estate Market Sees Incremental Rise Amidst Fluctuations in 2023
      Buy to Rent|posted 12 February 2024

      This blog post explores the varying property values and real estate trends in Charlotte, North Carolina and its surrounding areas within a span of a year. The analysis provides insights into median property values, square foot prices, sold properties, foreclosures, market health, and local submarkets.

      Recently Listed Homes 28083

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