Side-by-side comparison of Raleigh, NC and Concord, NC — cap rates, rent, prices, and investment metrics.
Cash flow: Concord has the edge with an estimated cap rate of 3.51% compared to Raleigh's 3.22%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $395,000 in Raleigh vs $340,000 in Concord, while rents come in at $1,650/mo and $1,520/mo respectively.
Growth & appreciation: Raleigh is growing faster at 2.1% annually vs Concord's 2%. Concord leads on home value appreciation at 3.6% per year. Strong population growth typically translates to sustained rental demand and long-term price support.
Costs & risk: Property taxes are 0.78% in Raleigh vs 0.8% in Concord. Vacancy rates of 4.3% and 4.8% are both healthy, suggesting strong tenant demand in both markets.
Bottom line: Concord edges out Raleigh on most key metrics. While cap rates are moderate at 3.51%, Concord's overall profile is stronger. Use our free calculators to model specific deals in Raleigh or Concord.