Maurice Barnes' Market Report

Concord, NC

Single-Family Homes

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Concord, NC

Sun Jul 26 2026
This week the median list price for Concord, NC is $462,000 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 356. Click here to stay informed with the Concord market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Concord, NC

Sun Jul 26 2026
This week the median list price for Concord, NC is $462,000 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has increased to 356. Click here to stay informed with the Concord market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Concord market.
Median List Price $462,000
Median Price of New Listings $459,000
Per Square Foot $209
Average Days on Market 90
Median Days on Market 63
Price Decreased 54%
Price Increased 2%
Relisted 5%
Inventory 356
Median Rent
Market Action 36
Slight Seller's Advantage

Again this week we see a downward notch for prices. Prices continue to pull back from the market’s highs. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$685,000 3,286 0.25 - 0.5 acre 4 3.5 19 8 6 63
$525,000 2,649 0.25 - 0.5 acre 4 2.5 12 6 7 77
$394,900 1,886 0.25 - 0.5 acre 3 2.5 25 8 6 49
$284,000 1,250 0.25 - 0.5 acre 3 2 61 7 5 70