Cabarrus County, North Carolina Housing Market
In Cabarrus County, North Carolina, the median home value is $354,800, with a median monthly rent of $1,414. This places Cabarrus County at #398 nationally out of 3134 counties by median home value, and #13 within North Carolina.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,056
- Establishments: 6,574
- BLS QCEW, 2025
Housing Supply
- Single-family: 1,358
- Multi-family: 633
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 90,540 (avg $87,666)
- Outflow: 84,670 (avg $89,176)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Cabarrus County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 28071 | 267.2 | +6.94% | 2025 |
| 2 | 28138 | 268.5 | +3.73% | 2025 |
| 3 | 28036 | 287.9 | +12.10% | 2025 |
| 4 | 28107 | 268.1 | +9.48% | 2025 |
| 5 | 28078 | 286.6 | +3.83% | 2025 |
| 6 | 28124 | 263.3 | +8.04% | 2025 |
| 7 | 28213 | 290.1 | +1.23% | 2025 |
| 8 | 28075 | 251.9 | +0.77% | 2025 |
| 9 | 28097 | 275.6 | +7.04% | 2025 |
| 10 | 28025 | 269.6 | +3.67% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Cabarrus County Compares
| Metric | Cabarrus County | North Carolina Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $354,800 | $235,312 | $227,706 |
| Median Gross Rent | $1,414 | $976 | $968 |
| Owner Occupancy Rate | 71.2% | 71.8% | 73.3% |
| Price/Rent Ratio | 20.9 | 19.8 | 18.7 |
Market Analysis
The median home value in Cabarrus County is 50.8% above the North Carolina state average and 55.8% above the U.S. national average. The median rent of $1,414/month is 44.9% above the state average.
With a price-to-rent ratio of 20.9, renting is generally more cost-effective than buying in the short to medium term. The market favors buyers only for long-term holds.
Cabarrus County has an owner-occupancy rate of 71.2%, compared to 71.8% in North Carolina and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Pinellas County | Florida | $355,100 | $1,642 |
| Dallas County | Iowa | $355,600 | $1,311 |
| Burlington County | New Jersey | $354,000 | $1,745 |
| Maury County | Tennessee | $355,700 | $1,300 |
| Osceola County | Florida | $353,300 | $1,746 |
Other Counties in North Carolina
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Henderson County | $351,400 | $1,187 | 75.0% |
| Moore County | $351,400 | $1,254 | 76.4% |
| Watauga County | $358,900 | $1,127 | 62.1% |
| Brunswick County | $349,800 | $1,351 | 84.6% |
| Camden County | $337,100 | $1,232 | 82.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).