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Foreclosure Homes in Kannapolis, NC

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View this home at Venus St Kannapolis NC 28083
Preforeclosure
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$208,051 EMV
Venus St
Kannapolis, NC 28083
Single-Family
|
3 |
1
|
1,120
EST. RENT: $960
|
AUCTION: 05-01-2024
Single-Family
|
3 |
1
|
1,120
View this home at Courtland Ct Kannapolis NC 28081
Preforeclosure
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$357,190 EMV
Courtland Ct
Kannapolis, NC 28081
Single-Family
|
4 |
2.5
|
1,891
EST. RENT: $1,398
|
AUCTION: 05-06-2024
Single-Family
|
4 |
2.5
|
1,891
5 View this home at Teakwood Dr Kannapolis NC 28083
Preforeclosure
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$337,644 EMV
Teakwood Dr
Kannapolis, NC 28083
Single-Family
|
4 |
3
|
1,846
EST. RENT: $1,241
|
AUCTION: 04-22-2024
Single-Family
|
4 |
3
|
1,846
Displaying 1 - 10 of 60

Kannapolis, NC Foreclosures

How much do homes sell for in Kannapolis, NC?
The average home price is currently $271,816.
In Kannapolis, NC, how many homes are available?
There are currently 20,139 active home listings available in Kannapolis.
What’s the average rental cost in Kannapolis, NC?
The average rental price in Kannapolis is $1,004.
What is the most expensive home in Kannapolis, North Carolina?
The most expensive home sold in Kannapolis had a price of $7,726,711.
What is currently the cheapest priced home in Kannapolis, NC?
The cheapest home for sale in Kannapolis is priced at $14,368.

Home Value Estimator For Kannapolis, NC

There are currently 20,139 real estate properties in Kannapolis, NC, with a median automated valuation model (AVM) price of $247,006.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Kannapolis, 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 Kannapolis, NC, is $271,816.00, with the most expensive house in Kannapolis, NC, topping out at $7,726,711.00 and the cheapest home in Kannapolis, NC, clocking in at $14,368.00. In other words, there’s something for every potential homebuyer or savvy investor in Kannapolis, NC!


Rent Prices In Kannapolis, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Kannapolis, NC, is on a rollercoaster ride. The average rent price in Kannapolis, NC, is $1,004.00. Indeed, when looking to rent in Kannapolis, NC, you can expect to pay as little as $540.00 or as much as $3,260.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Kannapolis, 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 Kannapolis, NC In 2024

Kannapolis is located in Cabarrus, North Carolina, with an estimated municipal population of 50,841 residents. All of the best foreclosed homes for sale in Kannapolis are located in the following zip code areas on Foreclosure.com: 28027 28083 28081 28082. The estimated population per square kilometer (.62 miles) in Kannapolis is 602.


Cost Of Living In Kannapolis, NC

So, about how much do homes cost in Kannapolis? The most recent median value of resident-owned homes in Kannapolis is 143,176. An estimated 60.3 percent of households in Kannapolis own their homes, with an average family size of 3.36. The median household income in Kannapolis is 53,365, with19.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Kannapolis, the median commute time of resident workers (in minutes) is 26.1. And last, but certainly not least, are you looking for homes to rent in Kannapolis? If so, the average rent price paid by renters in Kannapolis is 856, according to recent statistics.


Diversity And Demographics In Kannapolis, 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 Kannapolis, 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 Kannapolis is 34.8, split between 48.1 percent male versus 51.9 female. The percentage of residents who report being married in Kannapolis is 46.9, with an average family size of 3.36.

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

White 66%
Black / African American 21.8%
Asian 1.6%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.8%
Other 7.5%

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

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

Under 10 14.7%
Aged 10-19 15.2%
20s 13.5%
30s 14%
40s 13.3%
50s 11.4%
60s 8.5%
70s 7.1%
80+ 2.5%

Best Schools In Kannapolis, 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 Kannapolis with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Kannapolis.


Pros And Cons Of Living In Kannapolis, North Carolina

How do you know that living in -- or moving to -- Kannapolis is right where you need to be? Perhaps you grew up in Kannapolis or already live nearby; therefore, the decision to buy a home in Kannapolis is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Kannapolis 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 Kannapolis:

  • 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 Kannapolis.


Reasons To Move To Kannapolis, 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 Kannapolis can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Kannapolis, meanwhile, can field multiple offers from more qualified buyers.

Kannapolis, NC Foreclosures


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