New-construction single-family community in the Concord, North Carolina area

NewBuild market intelligence | Concord, NC

Growth has a northeast corridor.

Concord combines Charlotte-region access with something investors increasingly look for: scale of its own. With more than 114,000 residents, direct I-85 connectivity, a diversified employment base and billions of dollars in regional business investment, Concord has become one of the Charlotte area's most significant residential and economic markets.

Population. Employment. Connectivity. Scale.

Concord market snapshot

114,598

2025 population

Concord's estimated population as of July 2025.

U.S. Census Bureau, Vintage 2025 Population Estimates

+8.8%

Population growth

Growth from Concord's 2020 population estimates base through the 2025 estimate.

U.S. Census Bureau

I-85

Regional connectivity

Direct interstate access connects Concord with Charlotte, I-485 and the broader Carolina region.

City of Concord / NCDOT

$2B+

Cabarrus County business investment

Cabarrus County reporting highlights more than $2 billion in major business investment across the county.

Cabarrus Economic Development Corporation

Regional economic-development architecture in North Carolina

Why Concord

This isn't just Charlotte spillover.

Concord benefits from Charlotte's regional growth, but it also has its own substantial population, employment base, infrastructure, retail, healthcare, entertainment and industrial economy.

Population scale

With more than 114,000 residents, Concord has considerably more residential scale than many surrounding Charlotte-area submarkets.

I-85 corridor

Direct interstate access connects Concord with Charlotte, I-485 and major employment and transportation corridors throughout the region.

Diverse employment

Healthcare, manufacturing, life sciences, logistics, aviation, motorsports and food-and-beverage industries contribute to a diversified regional employment base.

Business investment

Large corporate expansions and new facilities continue bringing capital and employment investment to Cabarrus County.

Concord doesn't rely on one growth story. It has several.

Economic diversification

Follow the jobs. Follow the capital.

One of Concord's strongest investment characteristics is the diversity of economic activity occurring throughout Concord and Cabarrus County.

Life sciencesAdvanced manufacturingHealthcareLogisticsAviation / aerospaceAutomotive / motorsportsFood + beveragePharmaceuticals

$1 billion

Life sciences

Major pharmaceutical investment

Eli Lilly's announced investment represents significant life-sciences and pharmaceutical investment within the Concord market.

Cabarrus Economic Development Corporation

$553 million

Food + beverage / manufacturing

Beverage production investment

A major beverage-production hub associated with Red Bull, Rauch and Ball adds to the county's manufacturing story.

Cabarrus Economic Development Corporation

$140 million

Logistics + distribution

Regional distribution investment

Red Bull's regional distribution-center investment reinforces the area's logistics and distribution activity.

Cabarrus Economic Development Corporation

Multiple industries

Advanced manufacturing

A diversified employment base

Concord and Cabarrus County include advanced manufacturing, logistics, healthcare, aviation, motorsports, life sciences and other employment sectors.

Cabarrus Economic Development Corporation

More employers. More industries. More reasons for households to live nearby.

Employment and business investment can contribute to regional housing needs but do not guarantee rental demand, property appreciation, occupancy or investment returns.

Why people choose Concord

Work. Live. Move. Play.

Concord combines access to the larger Charlotte region with employment, healthcare, shopping, entertainment and residential amenities located within the market itself.

Concord area amenity and regional infrastructure

Charlotte access

I-85 and I-485 connectivity provide access to Charlotte and the broader metropolitan region.

Concord area amenity and regional infrastructure

Healthcare + employment

Concord and Cabarrus County support substantial healthcare and employment activity across multiple industries.

Concord area amenity and regional infrastructure

Shopping + entertainment

Concord Mills, Charlotte Motor Speedway and other destinations make Concord a significant regional entertainment and retail market.

Concord area amenity and regional infrastructure

Established city + new growth

Historic downtown, established neighborhoods, new residential development, parks and greenways give Concord community character and continued growth.

You don't have to leave the market to find jobs, amenities or growth.

One market. Multiple economic engines.

Healthcare
Life sciences
Manufacturing
Logistics
Aviation
Retail
Entertainment

A diversified regional economy

For a residential investor, economic diversification matters because households may be drawn to a market for many different reasons rather than a single employer or industry.

The portfolio role

Scale can be a strategy.

Larger market exposure

A city of more than 114,000 residents provides a different level of residential scale than many surrounding Charlotte-area markets.

Employment diversification

Concord provides exposure to a market supported by multiple employment and economic sectors.

Northeast Charlotte positioning

Concord can geographically balance portfolios concentrated in Charlotte's western and southwestern corridors.

New-construction depth

A larger growth corridor may provide opportunities to evaluate multiple communities, price points and residential products over time.

Concord can do something different in the portfolio: add scale without leaving the Charlotte growth story.

NewBuild market strategy

Different markets. Different jobs.

You don't need to find the “best” city. You need to understand what each market can do for your portfolio.

The NewBuild approach

New construction in a large growth market.

In a market like Concord, NewBuild can evaluate opportunities across multiple communities, locations and price points rather than relying on a single neighborhood or development.

New home
Employment base
Regional connectivity
Rental potential
Portfolio fit
New major systems
Builder warranty
Lower near-term repair exposure
Rental-ready potential
Available builder incentives
Multiple market opportunities
Long-term ownership

Access matters. Knowing which opportunity fits the strategy matters more.

Explore Concord opportunities

Concord investment snapshot

What could a Concord opportunity look like?

Property type

New Construction Single-Family

Bedrooms

4–5 Bedrooms

Acquisition price

$XXX,XXX

Estimated market rent

$X,XXX–$X,XXX

Down payment

20%* / Cash

Taxes

$XXX

HOA

$XXX

Insurance

$XXX

Builder incentives

Current Opportunity

Financing opportunity

Buyer Specific

Warranty

Builder Specific

Estimated monthly position

Calculated Before Acquisition

Actual pricing, rents, financing, expenses, incentives, availability and investment economics vary by property and investor.

Request a Concord investment analysis

NewBuild | Concord

Does your portfolio need more scale?

Tell us how much capital you want to deploy, how many properties you're considering and what you need each property to accomplish. We'll evaluate current new-construction opportunities in Concord against acquisition economics, available incentives, rental potential and your broader Charlotte-region investment strategy.