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Foreclosure Homes in Concord, NC

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View this home at Moore Dr Nw Concord NC 28025
Preforeclosure
VIEW DETAILS
$201,852 EMV
Moore Dr Nw
Concord, NC 28025
Single-Family
|
3 |
1
|
1,734
EST. RENT: $1,082
|
AUCTION: 04-08-2024
Single-Family
|
3 |
1
|
1,734
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Concord, NC Foreclosures

How much do homes sell for in Concord, NC?
The average home price is currently $357,626.
In Concord, NC, how many homes are available?
There are currently 41,567 active home listings available in Concord.
What’s the average rental cost in Concord, NC?
The average rental price in Concord is $1,287.
What is the most expensive home in Concord, North Carolina?
The most expensive home sold in Concord had a price of $9,999,000.
What is currently the cheapest priced home in Concord, NC?
The cheapest home for sale in Concord is priced at $15,945.

Home Value Estimator For Concord, NC

There are currently 41,567 real estate properties in Concord, NC, with a median automated valuation model (AVM) price of $316,839.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Concord, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Concord, NC, is $357,626.00, with the most expensive house in Concord, NC, topping out at $9,999,000.00 and the cheapest home in Concord, NC, clocking in at $15,945.00. In other words, there’s something for every potential homebuyer or savvy investor in Concord, NC!


Rent Prices In Concord, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Concord, NC, is on a rollercoaster ride. The average rent price in Concord, NC, is $1,287.00. Indeed, when looking to rent in Concord, NC, you can expect to pay as little as $550.00 or as much as $3,860.00, with the average rent median estimated to be $1,200.00. The good news is that finding an affordable and desirable property to rent in Concord, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Concord, NC In 2024

Concord is located in Cabarrus, North Carolina, with an estimated municipal population of 96,341 residents. All of the best foreclosed homes for sale in Concord are located in the following zip code areas on Foreclosure.com: 28025 28027 28026. The estimated population per square kilometer (.62 miles) in Concord is 585.


Cost Of Living In Concord, NC

So, about how much do homes cost in Concord? The most recent median value of resident-owned homes in Concord is 209,067. An estimated 67.7 percent of households in Concord own their homes, with an average family size of 3.33. The median household income in Concord is 67,984, with31.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Concord, the median commute time of resident workers (in minutes) is 27.9. And last, but certainly not least, are you looking for homes to rent in Concord? If so, the average rent price paid by renters in Concord is 963, according to recent statistics.


Diversity And Demographics In Concord, North Carolina

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Concord, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Concord is 36.8, split between 48.4 percent male versus 51.6 female. The percentage of residents who report being married in Concord is 52.3, with an average family size of 3.33.

The percentage of residents who report their race in Concord is as follows:

White 64.8%
Black / African American 21.6%
Asian 4.8%
American Indian / Alaskan Native 0.5%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.7%
Other 5.5%

Looking for family-friendly neighborhoods in and/or near Concord? Or maybe you are searching for 55+ active adult communities in and/or near Concord?

The percentage of residents who report their age in Concord is as follows:

Under 10 13.7%
Aged 10-19 14.6%
20s 12%
30s 14.4%
40s 15.9%
50s 12.6%
60s 8.4%
70s 5.8%
80+ 2.7%

Best Schools In Concord, North Carolina

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Concord with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Concord.


Pros And Cons Of Living In Concord, North Carolina

How do you know that living in -- or moving to -- Concord is right where you need to be? Perhaps you grew up in Concord or already live nearby; therefore, the decision to buy a home in Concord is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Concord for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Concord:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Concord.


Reasons To Move To Concord, North Carolina, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Concord can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Concord, meanwhile, can field multiple offers from more qualified buyers.

Concord, NC Foreclosures


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