Property Prices in Concord, NC, United States

Index Info
Price to Income Ratio: 2.01
Mortgage as Percentage of Income: 12.39%
Loan Affordability Index: 8.07
Price to Rent Ratio - City Centre: 7.74
Price to Rent Ratio - Outside of Centre: 7.00
Gross Rental Yield (City Centre): 12.92%
Gross Rental Yield (Outside of Centre): 14.28%

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Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 948.00 $ 896.00-1,000.00
Apartment (1 bedroom) Outside of Centre 875.00 $ 750.00-1,000.00
Apartment (3 bedrooms) in City Centre 1,092.50 $ 985.00-1,200.00
Apartment (3 bedrooms) Outside of Centre 1,200.33 $ 1,005.00-1,396.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 124.63 $ 119.20-140.00
Price per Square Feet to Buy Apartment Outside of Centre 110.88 $ 107.80-114.60
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 3,159.00 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.19 2.00-2.38

These data are based on 47 entries in the past 18 months from 16 different contributors.
Last update: November 2020

Sources and References
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