Home prices
The cost of the median home in Kannapolis is $144,400. It is roughly $62,320 (30%) lower compared to its surrounding areas.It is approximately $73,100 (33%) lower compared to the US as a whole, and compared to the city of Charlotte is approximately $75,900 (34%) lower.
Rents
Kannapolis's median monthly rent is $856. In comparison to the surrounding areas this is about $74 (7%) lower.Compared to the United States as a whole it is about $206 (19%) lower, and is about $279 (24%) lower in comparison to the city of Charlotte.
Nearby places
Enochville
Enochville is Kannapolis's neighbor to the north. Real estate prices there are a little less expensive. The median home in Enochville is valued at $119,700, which comes out to $24,700 (20%) lower than Kannapolis. Rents there are somewhat less expensive. In Enochville the median rent is $659 a month, which works out to $197 (29%) lower than Kannapolis.
Landis
Landis is Kannapolis's neighbor to the north. The housing prices there are similar. The price of the median home in Landis is $140,800, which comes out to $3,600 (2%) lower than Kannapolis. The rent there is a little more expensive. In Landis the median monthly rent is $1,068, which works out to $212 (19%) higher than Kannapolis.
Concord
Concord is Kannapolis's neighbor to the south. Its real estate prices are a little more expensive. The price of the median home in Concord is $206,600, which is $62,200 (30%) higher than Kannapolis. Rent there is a little more expensive. In Concord the median monthly rent is $963, which is $107 (11%) higher than Kannapolis.
Davidson
Davidson is Kannapolis's neighbor to the west. The housing prices there are a lot more expensive. The cost of the median home in Davidson is $448,300, which is $303,900 (67%) higher than Kannapolis. Its rents are a lot more expensive. In Davidson the median monthly rent is $1,264, which works out to $408 (32%) higher than Kannapolis.
China Grove
China Grove is approximately 7 miles northeast from Kannapolis. Housing prices there are a bit less expensive. China Grove's median home cost is $118,200, which works out to $26,200 (22%) lower than Kannapolis. Rent there is a bit less expensive. In China Grove the median monthly rent is $696, which works out to $160 (22%) lower than Kannapolis.