The story of this market
The typical home in Rowan County, North Carolina sells for about $302,622, or $185 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 60 days to sell. Over the long run, values in this county have grown 136% since 2000. Last year 16 of 29 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is ice storm, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,262 a month.
HUD sets the fair market rent for a 2-bedroom at $1,262 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+1.1%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+22.1%). Worst: 2011 (-5.7%). Hover to read a year.
Monthly price momentum
Home values since 2015
+2.7%
NC · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,604
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+1.1%
2025 change
FHFA repeat-sales index, median of 29 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
55
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $48,047,587.
Mortgage activity
Home lending in this county
75.1%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 5959 | 3137 | 75.1% | 4.6% | $165,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Rowan County, North Carolina
The Rowan County housing market shows moderate growth with a median sale price of approximately $303,000. Sales volume remains steady, and the market is currently characterized by a balanced supply of roughly 3 months.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 12 cities · 17 ZIP reports
Median prices moved up 5.8% year over year.
Homes spend a median of 60 days on market with 0.2 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 6.71% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% — a stable, low-distress profile.
Deterministic aggregate of 14 researched ZIP reports of 17 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 29
researched Sep 29
researched Sep 30
researched Oct 1
researched Oct 4
researched Sep 19
researched Oct 1
researched Oct 4
researched Sep 29
researched Sep 29
| 27013 | Cleveland | $317,817 | $158 | +2.4% | 52 | 97.5% | 12% | 4.1 | 48 | $800 | researched Sep 29 |
| 28023 | China Grove | $321,742 | — | +5.6% | 60 | — | — | — | 109 | $976 | researched Sep 29 |
| 28039 | East Spencer | $230,000 | $185 | — | 35 | 98% | — | 1.5 | 6 | $1,250 | researched Sep 30 |
| 28041 | Faith | $260,000 | $131 | -8.3% | 57 | — | — | — | 134 | $1,262 | researched Oct 1 |
| 28071 | Gold Hill | $319,990 | $205 | +8% | 53 | — | — | — | 468 | $841 | researched Oct 4 |
| 28072 | Granite Quarry | — | $569 | 0% | 52 | 100% | — | — | 1 | $682 | researched Sep 19 |
| 28081 | Kannapolis | $325,000 | $185 | +2% | 62 | 98.5% | 22% | 3.8 | 218 | $1,173 | researched Oct 1 |
| 28088 | Landis | $299,000 | $219 | +3.3% | 62 | 97% | — | — | 30 | $1,400 | researched Oct 4 |
| 28117 | Mooresville | $719,000 | $267 | +4.2% | 45 | — | — | — | 338 | $1,698 | researched Sep 29 |
| 28124 | Mount Pleasant | $267,500 | $210 | +15.9% | 58 | 97.5% | 18% | 3.5 | 42 | $1,194 | researched Sep 29 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county benefits from its position within the Charlotte-Concord-Gastonia metro area, with a diverse economy employing over 68,000 people.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (North Carolina) — Tax Lien Attachment: A tax lien attaches to all real property, taking priority over all other liens and encumbrances regardless of when they were created. State (North Carolina) — Ad Valorem Property Tax: Tax is calculated by multiplying the assessed value of the property by the combined state and local tax rate. The formula is: Tax = (Assessed Value / 100) * Tax Rate.
The county economy is anchored by the broader Charlotte-Concord-Gastonia regional market, with significant employment in utilities and other sectors.
- Great Wolf Lodge | Concord4.320.8 mi
- Frankie's of Charlotte4.523.8 mi
- Trackhouse Motorplex4.713.9 mi
- Spare Time Huntersville4.322.5 mi
- Urban Air Trampoline and Adventure Park4.423.3 mi
- Charlotte Motor Speedway4.720.8 mi
- Truliant Amphitheater4.422.9 mi
- Carolina Renaissance Festival4.618.2 mi
- Frankie's of Charlotte4.523.8 mi
- Topgolf Charlotte - University4.326.9 mi
- Lazy 5 Ranch4.69.9 mi
- N.C. Transportation Museum4.77.3 mi
- Zootastic Park4.517.6 mi
- Frank Liske Park4.819 mi
- Patterson Farm Market & Tours Inc4.77.1 mi
- N.C. Transportation Museum4.77.3 mi
- Discovery Place Kids-Huntersville4.622.7 mi
- Reed Gold Mine4.724.2 mi
- Richard Childress Racing4.825.2 mi
- Hendrick Motorsports4.721.1 mi
- Zootastic Park4.517.6 mi
- Frank Liske Park4.819 mi
- Dan Nicholas Park4.610.6 mi
- Riverpark at Cooleemee Falls: The Bullhole4.312.4 mi
- Mazeppa Park4.614.1 mi
- Skybrook Golf Club4.419.8 mi
- Mooresville Golf Club4.516.9 mi
- Sapona Golf Swim and Tennis Club4.517.6 mi
- Statesville Country Club4.618.9 mi
- The Revival Golf Course At The Crescent4.15.7 mi
- Carrigan Farms4.412.8 mi
- Carolina Mall4.213.5 mi
- Webb Road Flea Market4.32.4 mi
- Publix Super Market at Willow Oaks Crossing4.617.5 mi
- Patterson Farm Market & Tours Inc4.77.1 mi
- Concord-Padgett Regional Airport4.419.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Data retrieved from ExecutivePulse and DataUSA profiles.
applies when — Applies to parcels where the title holder has created or is subject to recorded easements, restrictions, or conditions.
Imposes binding limitations on the use, development, or maintenance of the parcel as defined in the recorded instrument.
N.C. Gen. Stat. § 39-6.4
A tax lien attaches to all real property, taking priority over all other liens and encumbrances regardless of when they were created.
N.C. Gen. Stat. § 105-355
applies when — Applies to parcels governed by a Homeowners' Association (Chapter 47F) or Condominium Association (Chapter 47C) where assessments remain unpaid.
Associations may file a claim of lien and foreclose in a manner similar to a mortgage under power of sale, or through a civil action.
N.C. Gen. Stat. § 47F-3-116 and § 47C-3-116
Allows for non-judicial foreclosure, though it requires a hearing before the Clerk of Superior Court to authorize the sale. Borrowers are entitled to a pre-foreclosure notice at least 45 days prior to the filing of a notice of hearing for primary residences.
N.C. Gen. Stat. Chapter 45, Article 2A and Article 11
Tax is calculated by multiplying the assessed value of the property by the combined state and local tax rate. The formula is: Tax = (Assessed Value / 100) * Tax Rate. Assessment is based on the true value in money, with counties required to conduct revaluations at least every eight years.
N.C. Gen. Stat. Chapter 105, Article 12 (2025)
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.