What is the average home price in Cornelius, NC 28031?

As of May '26, the median home price in Cornelius, NC 28031 is $545,000, based on Zillow home estimates.

How have home prices in Cornelius, NC 28031 changed over the past year?

As of May '26, home prices have increased 1.0% over the past year, according to Zillow home estimates data.

What is the home price projection for Cornelius, NC 28031?

As of May '26, Zillow projects home prices in Cornelius, NC 28031 to increase 0.7% in the next year.

What are the demographics of Cornelius, NC 28031?

According to the latest Census, the demographics of Cornelius, NC 28031 are 81.9% White, 4.4% Black, 2.4% Asian, 6.3% Hispanic. The population is 31,000, with 22.3% under 18 years old.

How long does it take homes to sell in Cornelius, NC 28031?

According to Realtor.com, as of May '26, the median home in Cornelius, NC 28031 is on the market for 44 days. This is an increase of 1.0% from last year.

What is the average rent price in Cornelius, NC 28031?

The average rent price in Cornelius, NC 28031, as of the latest data, is $2,370. The average rent for 1 bedroom homes is $1,340. For 2, 3, and 4 bedroom homes, the average rent is $1,990, $2,560, and $3,190 respectively.

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Cornelius, NC—28031

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$545,000

1.0% YoY Growth

Household Income

$116,000

28.9% YoY Growth

Days on Market

1.0% Longer YoY

Home Price Forecast

0.7%

Median Rent

$2,200

4.9% YoY Growth

1-Bed Rent

$1,350

23.9% YoY Growth

2-Bed Rent

$1,950

9.9% YoY Growth

3-Bed Rent

$2,340

14.3% YoY Growth

Home Price Trends — Cornelius, NC

As of May '26, the median home price in Cornelius, NC is $545,000, with a year-over-year change of 1.0%. This indicates that home prices in Cornelius, NC are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$545,000	1.0%
Single Family	$590,000	1.0%
Condos	$363,000	1.1%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$612,000	1.0%
Listing Count	286	28.0%
Listings as % of Homes	0.9%	28.0%
Days on Market	44	1.0%

Metric	Latest Census	YoY % Change
Population	31,000	13.0%
% Under 18	22.3%	-4.3%
% Seniors	20.3%	43.0%
% WFH	25.5%	116.1%
% w/ College Degree	60.6%	11.6%

Metric	Zip Code Average
Total Loan Originations	769
% Conventional Loans	94.0%
% Government Loans	6.0%
% Investor Loans	2.0%
% Second Loans	3.0%
% Cash Out Refinance	8.0%

Total Units under HUD	43
Total Units Section 8	43
% Rentals under Section 8	1.1%
% Occupied Section 8	86.1%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$480	$1,350	$1,830
2 Bedroom	$80	$1,950	$2,030
3 Bedroom	$160	$2,340	$2,500
4 Bedroom	$180	$2,990	$3,170

Cornelius, NC—28031

Key Metrics at a Glance

Home Price Trends — Cornelius, NC

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Cornelius, NC

% of Rental Stock

Property Listings — Cornelius, NC

Demographics — Cornelius, NC

Race and Ethnicity

Mortgage and Risk — Cornelius, NC

Mortgages

Rentals and Section 8 — Cornelius, NC

Section 8 Market Size

Section 8 Opportunity

Affordability — Cornelius, NC

Home Price to Income Ratio

Cornelius, NC — ZIP Code Boundary Map

Nearby ZIP Codes

Huntersville, NC

Mooresville, NC

Davidson, NC

Denver, NC

Terrell, NC

Frequently Asked Questions

Type	Median Rent	Average Rent
Average Rent	$2,200	$2,370
Studio Rent	$1,100	$1,100
1 Bed Rent	$1,350	$1,340
2 Bed Rent	$1,950	$1,990
3 Bed Rent	$2,340	$2,560
4 Bed Rent	$2,990	$3,190

Metric	Latest Census	5-Year % Change
% White	81.9%	0.0%
% Black	4.4%	-44.3%
% Hispanic	6.3%	5.0%
% Asian	2.4%	4.3%
% Foreign Born	8.8%	12.8%

Metric	Zip Code Average
Home Price to Income Ratio	4.4
Median Home Price	$545,000
Median Household Income	$116,000