The story of this market
The typical home in ZIP 28027 sells for about $420,000, or $207 per square foot.
Prices are roughly flat from a year ago (+0.1%), a market in balance. Homes take about 91 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,561 a month.
ZIP 28027 — Concord
The 28027 housing market remains stable with moderate price growth and consistent demand. While inventory levels have increased, the area's strong median income and proximity to Charlotte continue to support property values. Figures for tax history and specific permit data were not available at the ZIP level.
This ZIP is well-suited for family buyers and commuters seeking suburban living with access to Charlotte's job market, as well as investors looking for stable rental demand in a growing area.
Median prices moved up 0.1% year over year.
Homes spend a median of 91 days on market with 2.2 months of supply — a balanced-paced market.
27% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.9% · poverty 9.6% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 28027, Cabarrus County NC
The area is served by the Cabarrus County Schools district, which generally maintains stable performance ratings across its elementary and secondary institutions.
The region faces standard inland climate risks, including occasional severe thunderstorms and potential for localized flooding; property insurance premiums are influenced by regional hazard exposure.
Concord is experiencing significant economic momentum driven by its proximity to the Charlotte metro area, with ongoing residential development and commercial expansion near major transit corridors.
Property taxes are assessed at the county level by Cabarrus County, with additional municipal taxes for the City of Concord; rates are determined by the combined millage of these jurisdictions.
Residents primarily commute via I-85 and NC-73, providing direct access to the Charlotte employment core, with average commute times reflecting typical suburban traffic patterns.
The area features access to local parks, greenbelts, and proximity to major shopping districts like Concord Mills, alongside recreational opportunities at nearby lakes.
The rental market is characterized by steady demand and moderate vacancy pressure, with a mix of single-family rentals and apartment communities catering to a growing suburban population.
The local economy is anchored by retail, healthcare, and manufacturing sectors, benefiting from the broader Charlotte-Concord-Gastonia metro area's diverse industrial base.
The area is served by major highway corridors including I-85, facilitating regional connectivity to Charlotte and surrounding hubs.
Ongoing residential and mixed-use development projects continue to expand the housing stock and commercial footprint within the ZIP.
Cabarrus County conducts periodic property revaluations to ensure assessments align with current market values.
Parcels are subject to Cabarrus County and City of Concord tax levies, with potential for additional special district assessments for utilities or infrastructure.
Property insurance markets remain stable, though premiums are subject to adjustments based on regional weather-related risk assessments.
Data retrieved from Census Reporter and ACS 2024 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Great Wolf Lodge | Concord4.34.2 mi
- Frankie's of Charlotte4.59.8 mi
- Activate Games4.918.6 mi
- Victory Lane Indoor Karting4.513.9 mi
- Ray’s Splash Planet4.415.8 mi
- Bank of America Stadium4.616.4 mi
- Spectrum Center4.516 mi
- Charlotte Motor Speedway4.73.7 mi
- Truliant Amphitheater4.45.9 mi
- Carolina Renaissance Festival4.66.7 mi
- Great Wolf Lodge | Concord4.34.2 mi
- Frankie's of Charlotte4.59.8 mi
- SEA LIFE Charlotte-Concord4.24.5 mi
- AMC Concord Mills 244.34.5 mi
- Cinergy Dine-In Cinemas in Charlotte4.47.7 mi
- Optimist Hall4.715 mi
- NASCAR Hall of Fame4.716.3 mi
- Discovery Place Science4.515.8 mi
- Museum of Illusions Charlotte4.516.4 mi
- Mint Museum Uptown4.716.3 mi
- Frank Liske Park4.83.4 mi
- Birkdale Village4.612.9 mi
- Reedy Creek Nature Preserve4.810 mi
- Village Park4.87.2 mi
- Harrisburg Park4.85.7 mi
- Topgolf Charlotte - University4.310.1 mi
- Skybrook Golf Club4.46.3 mi
- Rocky River Golf Club At Concord4.33.3 mi
- Tradition Golf Course4.27.6 mi
- Charles T Myers Golf Course3.812.4 mi
- Concord Mills4.44.4 mi
- Northlake Mall4.311.5 mi
- Patel Brothers4.39.1 mi
- Asian Market4.412.6 mi
- T.J. Maxx & HomeGoods4.33.9 mi
- Charlotte Douglas International Airport3.921.1 mi
- Concord-Padgett Regional Airport4.43.6 mi
- The Club CLT3.320.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional shopping and entertainment destination.
Large community park with trails, lake, and sports facilities.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).
Governs Hunton Forest
Governs Hampden Village
90-day research cycle · governing documents remain with their official custodians — the association, its management portal or the county clerk's recording.