Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$380,437−0.3% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 28% have cut their price
Income needed to buy, per year$82,471About 0.9× the local median income ($87,867): affordable for a typical household
Days on market58 daysSlower than a year ago: buyers have time to negotiate
Next 12 months−0.3%Zillow expects prices to stay about flat
The typical home in Cabarrus County, NC is worth $380,437, about the same as a year ago. That is well above what local incomes have historically supported: fair value is about $327,756, so the area is 16.1% overvalued. It is a buyer's market: homes take about 58 days to sell, listings are up 7% from a year ago, 28% of listings have had a price cut. Zillow expects prices to fall about 0.3% over the next year. A household needs about $82,471 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $87,867. Typical rent is $1,794 a month, or $2,264 for a house. In the latest IRS figures, 2,390 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$380,437
Change in 1 year
−0.3%
Overvalued %
+16.1%
Show 7 more
Fair home value
$327,756
Change in 5 years
+21.4%
Zillow forecast, next 12 months
−0.3%
Home value to income
4.3×
Monthly mortgage payment (20% down)
$2,062
Income needed to afford it
$82,471
Property tax rate
0.73%
Rent and investing
Typical rent
$1,794
Typical rent for houses
$2,264
Price-to-rent ratio
17.7×
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HUD Fair Market Rent, 2 bedrooms
$1,785
Gross rental yield
5.66%
Cap rate (estimate)
3.68%
Market activity
Listings vs a year ago
+7.1%
Days on market
58
Listings with a price cut
28.5%
Show 3 more
Homes for sale
801
Pending sales per 100 listings
37
Asking price per sq ft
$206
People and jobs
Median household income
$87,867
Population change (1 year)
+1.6%
Unemployment rate
4.6%
Show 4 more
Population
249,725
Income adjusted for cost of living
$90,305
Net moves in (IRS)
+2,390
Cost of living (US = 100)
97.3
Schools, risk and environment
School rating (1 to 10)
6.7
FEMA hazard risk score (0 to 100)
87.1
Flood risk score
92.2
Show 3 more
Wildfire risk score
50.6
Walkability (1 to 20)
8.4
Road, rail and air noise
55 dB
Questions people ask
Is Cabarrus County, NC overvalued?
Home prices in Cabarrus County, NC are well above what local incomes have historically supported: fair value is about $327,756, so the area is 16.1% overvalued.
Is Cabarrus County, NC a buyer's or seller's market?
Cabarrus County, NC is a buyer's market: homes take about 58 days to sell, listings are up 7% from a year ago, 28% of listings have had a price cut.
Are home prices going down in Cabarrus County, NC?
Home values in Cabarrus County, NC are down 0.3% over the last year. Zillow's forecast for the next 12 months is −0.3%.
How much do you need to earn to buy a home in Cabarrus County, NC?
A household needs about $82,471 a year to afford the typical home in Cabarrus County, NC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $87,867.