Market Overview
Home Prices in Concord, NC
The median home value in Concord, NC is $387,218 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.9% compared to a year ago and down 1.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Concord are priced6% below average. Concord is part of the Charlotte-Concord-Gastonia, NC-SC metro area.
Over the past five years, Concord home values have risen by approximately27.1%, reflecting strong long-term appreciation in this market.
Price History
Concord Home Price Trend
City Comparison
Concord vs. National Median
At $387,218, homes in Concord cost 6% below the national median of $410,000. This makes Concord a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Concord?
20% Down Payment
$77,444
on $387,218
Monthly P&I
$2,019/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,564/mo
incl. taxes & insurance
Income Needed
$102,560
gross annual (30% rule)
10% Down Option
$38,722
+ PMI applies
Loan Amount (20% dn)
$309,774
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Concord, NC?
The median home value in Concord is $387,218 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.9% year-over-year.
How much have home prices changed in Concord?
Over the past year, home values in Concord have decreased by 0.9%. Over five years, prices have risen approximately 27.1%.
How much do I need to earn to buy a home in Concord?
To comfortably afford the median home price of $387,218 with a 20% down payment ($77,444) at today's rates (6.8%), you'd need a gross annual income of approximately $102,560. This assumes keeping total housing costs at or below 30% of gross income.
How does Concord compare to the national average home price?
The national median home value is approximately $410,000. At $387,218, homes in Concord are 6% below the national average.
What metro area is Concord part of?
Concord is part of the Charlotte-Concord-Gastonia, NC-SC metropolitan area. Home prices and market conditions can vary across the broader metro region.