Kannapolis, North Carolina.
Typical home $275,989 (+0.2% in a year), asking rent $1,578 (+2.6%). Charlotte-Concord-Gastonia, NC-SC metro.
to buy the typical home at today's mortgage rate — +$841 (+138%) since Jan 2020.
- 1 year
- Up $443 +0%
- $275,546$275,989 since Sep 2025
- 5 years
- Up $52,178 +23%
- $223,812$275,989 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Kannapolis$1,449
- North Carolina$1,743
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 17 years.
Typical home values in Kannapolis, NC rose 0.2% over the past year — slower than the nation's +1.2%.
Asking rents in Kannapolis, NC rose 2.6% over the past year — in step with the nation.
Owning the typical home in Kannapolis runs $334/mo more than renting one. The gap peaked at $520 in Oct 2023.
That is $1,912 a month against $1,578 rent: a $1,449 mortgage payment, plus $168 property tax and $295 insurance & upkeep.
Owning vs renting — Kannapolis
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$1,912
- Renting$1,578
- Mortgage only$1,449
Property tax · $168/mo 0.73% of value a year — the ACS 2020-2024 median bill over the median home value for Cabarrus County, NC
Insurance & upkeep · $295/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Kannapolis, Cabarrus County, North Carolina
Kannapolis is a city of 53,114 people in Cabarrus County. Half its households earn more than $73,836 a year and half less, against $89,005 across Cabarrus County; 13% of its people live below the poverty line. 66% of its homes are lived in by their owners and 34% are rented. Unemployment in Kannapolis was 3.5% in August 2026, and Cabarrus County had 4.4% more jobs in 2025 than the year before. The most residents work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Kannapolis is a city in Cabarrus County, with a population somewhat younger than you might expect and incomes that run below the county's. Fewer adults hold a four-year degree than hold none, and most homes are lived in by their owners. Winters are cool, with a January low just below freezing and only a dusting of snow most years, while July brings hot summers and a fair amount of rain through the year.
Work. Residents work mostly in schools, hospitals and social care, followed by shops, manufacturing, and professional and business services. Some of the largest workplaces in Kannapolis are Amazon, with its warehousing, Wayne Brothers, a concrete and foundation contractor, and Kannapolis City Schools. Unemployment has eased compared with a year earlier, and across Cabarrus County there are more jobs than the year before.
Things to do. Atrium Health Ballpark, a stadium, and the Curb Motosports Museum are both in or beside town. Charlotte Motor Speedway, a race track, is a short drive away, as are small waterways such as Irish Buffalo Creek. Lake Norman, a large reservoir, is a longer drive.
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- 22,509households
- 30%of adults have a degree
- 13%below the poverty line
- 26 mintypical commute
- 12%work from home
What residents work in
Employed residents by industry, from the Census survey. Cabarrus County had 91,560 jobs in 2025, 4.4% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 53° and lows near 29°; warmest in July, with highs near 92° and lows near 69°. About 3 inches of snow and 48 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Concord weather station, 6 miles away (NOAA).
Largest workplaces in Kannapolis
- AmazonGeneral warehousing and storage1,235
- Wayne BrothersFoundation, building, poured concrete, contractors718
- Kannapolis City SchoolsSchool district711FTE
- Gordon Food Service, Inc. NC-KANNA01General line grocery merchant wholesalers339
- TargetDiscount department stores316
- Cabarrus Health AlliancePublic health program administration, nonoperating285
- Senior Ventures ManagementNursing homes144
- Stanley Black & DeckerGeneral warehousing and storage126
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 33 workplaces with 20 or more staff, 4,806 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Ice stormsRelatively high
- TornadoesRelatively moderate
- LightningRelatively moderate
- Strong windRelatively moderate
- Inland floodingrelatively high in parts of KannapolisRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Kannapolis’ census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Cabarrus County and the Charlotte-Concord-Gastonia, NC-SC metro.
Kannapolis home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Kannapolis$275,989
- North Carolina$332,159
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Kannapolis listings, and the typical home goes pending in 23 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Kannapolis29.03%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
Not enough data to draw this yet.
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Kannapolis264
New listings per month
Sellers arriving at the market.
- Kannapolis65
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Kannapolis$259,113
- United States$371,407
Zip codes with a Kannapolis address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Kannapolis — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zip codes in Kannapolis
| Zip activate to sort by Zip | Place activate to sort by Place | Population sorted descending, activate to sort ascending | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|
| 28081 | Kannapolis | 29,075 | $1,585 | $292,684 |
| 28083 | Kannapolis | 28,095 | $1,532 | $263,616 |