Home prices
The median home price in Concord is $120,500. Compared to its surrounding areas this is roughly $26,420 (17%) lower.It is approximately $97,000 (44%) lower compared to the nation as a whole, and it is approximately $103,600 (46%) lower compared to the city of Durham.
Rents
The median monthly rent in Concord is $813. Compared to its surrounding areas it is about $50 (6%) higher.Compared to the country as a whole it is roughly $249 (23%) lower, and is approximately $245 (23%) lower in comparison to the city of Durham.
Nearby places
Rustburg
Rustburg is roughly 7 miles southwest from Concord. Its real estate prices are fairly similar. Rustburg's median home cost is $121,000, which is very similar to Concord. Rent there is a bit less expensive. In Rustburg the median monthly rent is $647, which comes out to $166 (25%) lower than Concord.
Appomattox
Appomattox is roughly 7 miles east from Concord. The housing prices there are somewhat more expensive. The value of the median home in Appomattox is $130,400, which works out to $9,900 (7%) higher than Concord. The rent there is a little less expensive. In Appomattox the median monthly rent is $714, which works out to $99 (13%) lower than Concord.
Madison Heights
Madison Heights is about 9 miles northwest of Concord. Real estate prices there are a little more expensive. The median home value in Madison Heights is $138,400, which comes out to $17,900 (12%) higher than Concord. Rent there is a bit less expensive. Madison Heights's median rent is $690 a month, which works out to $123 (17%) lower than Concord.
Lynchburg
Lynchburg is about 10 miles northwest of Concord. Its real estate prices are a little more expensive. The median home price in Lynchburg is $160,100, which is $39,600 (24%) higher than Concord. Rent there is somewhat more expensive. In Lynchburg the median rent is $857 a month, which comes out to $44 (5%) higher than Concord.
Timberlake
Timberlake is roughly 12 miles west from Concord. Its housing prices are a lot more expensive. The median home in Timberlake is valued at $184,700, which comes out to $64,200 (34%) higher than Concord. The rent there is somewhat more expensive. In Timberlake the median monthly rent is $909, which works out to $96 (10%) higher than Concord.
