Concord, NC — Momentum Score, Home Values & Best-For

Cabarrus County · Charlotte-Concord-Gastonia · population 112,395

Concord, NC
Image: Wikipedia · Concord, North Carolina
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65
Rising
Momentum score · 0–100

Where Concord stands

Steady, no major recent move.

Median home $384,688
1-year -1.5%
5-yr CAGR +5.8%
vs 5-yr peak -2.1%
Population +1.7%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2025-01$385k$172k$251k$330k$409k201620182020202220242026

Lifestyle scores

🚶
Walkability
35/100
Car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
30/100
Minimal transit
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
90/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,752/mo$1,259$1,561$1,863202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent133131100120140202220242026

Rent vs buy

Price-to-rent ratio: 18.3
Lean buy

At a 18.3 price-to-rent ratio, Concord is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.

How the momentum score breaks down

methodology →
Home YoY
42 · w22%
Home 5-yr CAGR
69 · w22%
Distance from peak
78 · w18%
Population growth
75 · w16%
Rent YoY
56 · w12%
Home 10-yr CAGR
78 · w10%
Long thesis

Concord has held up across the cycle: home values at $384,688 with +5.8% 5-year CAGR. The bull case is structural — population, location, employer base — and holds even if next year's print is soft.

Short thesis

Concord's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Concord

Concord is a city in Cabarrus County, North Carolina, with an estimated population of 112,395. It anchors the Charlotte-Concord-Gastonia metro area. The population grew 1.7% annually from 2020 to 2024, a moderate gain. The median home value in Concord is $384,688 as of 2026-04, down 1.5% over the last 12 months. Over the last five years, home values have averaged +5.8% annual growth (-2.1% from the 5-year peak). Rents in Concord average $1,752 per month, roughly flat year-over-year (+1.6%). The composite momentum score is 65 of 100 (Rising). The market is healthy with prices supported by underlying demand.

Bull case

Healthy 5-year run: +5.8% annualized over 5 years, outpacing US inflation.
Net positive migration: population up 1.7% per year — demand fundamentals are intact.
Held the highs: currently -2.1% from the 5-year peak — this market refused to give back gains.

Bear case

Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Concord (Wikipedia)

Concord is the most populous city in Cabarrus County, North Carolina, United States, and its county seat. The city had a population of 105,240 at the 2020 census. Concord is the second-most populous city in the Charlotte metropolitan area, tenth-most populous city in North Carolina and 287th-most populous city in the U.S.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

City facts

MayorStephen M. MorrisCite web
Area64.04 sq mi
Elevation633 ft
FoundedApril 1796
Motto"High Performance Living"
Density1644.32/sq mi
Named forHarmony

Extracted from the Wikipedia infobox. Values may be slightly out of date relative to the latest sources.

Things to see in Concord(Attractions)

  • Cabarrus Arena & Events Center
  • Carolina Mall
  • Charlotte Motor Speedway
  • Concord Mills
  • Great Wolf Lodge
  • zMax Dragway

Extracted from the Wikipedia article. Names linked in the source — open the city’s Wikipedia page for details.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Cabarrus County right now.

Public-safety links are official .gov sources, not curated by us. Cabarrus County routes NWS alerts; check the state EM portal for non-weather emergencies.

Neighborhoods of Concord

12 tracked · ranked by median home value
1Kings Crossing$784,241-2.0%
2Carriage Downs$657,737-2.0%
3Zemosa Acres$595,528+0.6%
4Laurel Park$551,010-0.4%
5Carolando$518,415-2.4%
6Morris Glen$492,944-3.3%
7Moss Creek$459,148-1.5%
8Beverly Hills$360,505-1.4%
9Sidestown/Shankletown$231,285-0.2%
10Brown Mill$208,085-1.0%
11Gibson Village$205,483-6.1%
12Logan$194,114-3.2%

Cities like Concord

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
50° / 30°
avg high / low
Summer (Jul)
88° / 68°
avg high / low
Sunny days/yr
213
~58% of year
Annual precip
50″ rain
6″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
High
Tornado
Moderate
Wildfire
Low
Earthquake
Very low
Flood
High

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Local sports teams

Major professional teams the Charlotte-Concord-Gastonia area cheers for. Detailed stats, schedules, and player pages on intherafters.com.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Concord listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local economy & environment

Humidity
71%
Humid climate
Median household income
$67,500
North Carolina state median
Top industries (state-level)
Banking (Charlotte)Tech (RTP)Manufacturing

Humidity is annual average relative humidity (NOAA). Income is Census ACS 5-year estimate. Industries are largest employment sectors statewide (BLS); the local mix in a given city may vary.

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