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Petrea Heights Homes for Sale in Kannapolis, SC

Petrea Heights has the feel of an in-town Kannapolis neighborhood that stays close to the city’s momentum without losing its older residential character.

Active
1
Recently Sold
25

Active & Pending Listings

About Petrea Heights

Community overview based on MLS listing data for Petrea Heights, Kannapolis

First Impressions

Petrea Heights has the feel of an in-town Kannapolis neighborhood that stays close to the city’s momentum without losing its older residential character. The streets here lean toward classic bungalow-era homes, modest lots, and a straightforward, walkable-to-downtown setting that puts everyday destinations within easy reach. Recent activity also points to a community that continues to attract attention for its location near the center of Kannapolis.

"A close-in Kannapolis setting where historic homes and downtown energy meet."

Home Styles & Community Feel

The housing mix is rooted in single-family homes, with most properties dating from the 1920s through the early 1940s and a newer build appearing in the late 2010s. That gives the neighborhood a layered look: older cottages and bungalows with front porches, open living spaces, and updated interiors alongside a few newer or fully refreshed homes. Many residences sit on generous lots for an in-town area, and several listings highlight features like fenced yards, decks, workshops, storage buildings, and covered porches. Basements show up often enough to be a meaningful part of the neighborhood’s character, while garages are less common.

The overall impression is practical and adaptable. Some homes have been renovated with quartz counters, stainless appliances, and modern finishes, while others offer classic details such as fireplaces, arched entries, and original mill-village charm. It is the kind of place where the architecture feels connected to Kannapolis history, but the interiors can range from simple and ready for updating to thoroughly refreshed.

Amenities & Daily Rhythm

Petrea Heights sits close to the places that define daily life in Kannapolis. Downtown shops, restaurants, breweries, and the Cannon Ballers stadium are repeatedly called out, and several homes are described as being within walking distance or about a mile from the center of town. The NC Research Campus also sits nearby, adding another anchor to the area’s everyday rhythm. The result is a neighborhood where errands, dining, and entertainment can stay local rather than requiring a long drive.

"Downtown, the ballpark, and the research campus all sit within easy reach."

Location & Schools

This community is centered around Magnolia Avenue, Broad Street, J Avenue, and nearby downtown Kannapolis streets, placing it in the heart of the city’s core. Remarks specifically note quick access to Mooresville Road (Hwy 3) and Interstate 85, with travel to Concord, Mooresville, and Charlotte made easier from here. Downtown Kannapolis is just minutes away, and some homes are described as less than 1 mile from the stadium and downtown. School assignments are not specified in the provided records, so buyers will want to confirm current Kannapolis City Schools zoning directly. Even so, the location is easy to understand: close to the revitalized downtown, near major commuter routes, and anchored by the city’s most recognizable destinations.

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Recently Sold in Petrea Heights 25 recently sold in Petrea Heights, Kannapolis with dates and property details

Recently Sold

25 recently sold in Petrea Heights, Kannapolis

Property Sold Sold Price Days on Market Size Sold to Ask Sold $/SF
403 Broad Street sold home in Kannapolis, SC 403 Broad Street 2 bd · 1 ba May 28 2025 $252,000 34 998 sq ft 100.0% $253
713 Broad Street sold home in Kannapolis, SC 713 Broad Street 3 bd · 2 ba Feb 27 2025 $275,000 58 1,100 sq ft 98.2% $250
403 Broad Street sold home in Kannapolis, SC 403 Broad Street 2 bd · 1 ba Sep 19 2024 $244,000 38 998 sq ft 99.6% $244
602 Broad Street sold home in Kannapolis, SC 602 Broad Street 2 bd · 1 ba Aug 26 2024 $100,000 63 64.5%
12 Jordan Lane sold home in Kannapolis, SC 12 Jordan Lane 14 bd · 8 ba Jul 23 2024 $700,000 99 88.6%
205 Prince Street sold home in Kannapolis, SC 205 Prince Street 3 bd · 2 ba May 22 2024 $279,000 48 1,407 sq ft 111.6% $198
604 Broad Street sold home in Kannapolis, SC 604 Broad Street 4 bd · 2 ba May 1 2024 $200,000 34 1,994 sq ft 100.5% $100
606 J Avenue sold home in Kannapolis, SC 606 J Avenue 3 bd · 2 ba Apr 24 2024 $255,500 39 1,972 sq ft 100.0% $130
605 J Avenue sold home in Kannapolis, SC 605 J Avenue 3 bd · 1 ba Mar 11 2024 $210,000 99 910 sq ft 95.9% $231
721 Broad Street sold home in Kannapolis, SC 721 Broad Street 3 bd · 1 ba Aug 14 2023 $153,000 59 1,213 sq ft 82.7% $126
608 J Avenue sold home in Kannapolis, SC 608 J Avenue 3 bd · 2 ba May 1 2023 $191,000 150 1,791 sq ft 91.0% $107
611 J Avenue sold home in Kannapolis, SC 611 J Avenue 2 bd · 1 ba Apr 28 2023 $223,000 29 1,084 sq ft 99.6% $206
506 Broad Street sold home in Kannapolis, SC 506 Broad Street 2 bd · 2 ba Mar 17 2023 $239,000 68 1,259 sq ft 99.6% $190
521 Broad Street sold home in Kannapolis, SC 521 Broad Street 4 bd · 2 ba Mar 8 2023 $210,000 96 1,256 sq ft 91.3% $167
611 J Avenue sold home in Kannapolis, SC 611 J Avenue 2 bd · 1 ba Jan 6 2023 $210,000 48 1,090 sq ft 96.3% $193
611 J Avenue sold home in Kannapolis, SC 611 J Avenue 2 bd · 1 ba Nov 19 2021 $140,000 109 1,094 sq ft 88.1% $128
718 Broad Street sold home in Kannapolis, SC 718 Broad Street 3 bd · 2 ba Jul 20 2021 $251,000 22 1,250 sq ft 109.2% $201
702 Broad Street sold home in Kannapolis, SC 702 Broad Street 3 bd · 2 ba Jun 30 2020 $58,000 53 1,430 sq ft 72.5% $41
506 Broad Street sold home in Kannapolis, SC 506 Broad Street 2 bd · 2 ba Feb 21 2020 $82,500 20 1,218 sq ft 97.1% $68
704 Broad Street sold home in Kannapolis, SC 704 Broad Street 2 bd · 1 ba Jan 17 2020 $64,000 72 1,008 sq ft 85.3% $63
611 Broad Street sold home in Kannapolis, SC 611 Broad Street 1 bd · 1 ba Dec 11 2018 $37,500 28 994 sq ft 60.5% $38
726 Broad Street sold home in Kannapolis, SC 726 Broad Street 3 bd · 2 ba Nov 14 2017 $126,500 118 1,174 sq ft 97.4% $108
726 Broad Street sold home in Kannapolis, SC 726 Broad Street May 16 2017 $7,000 33 70.0%
724 Broad Street sold home in Kannapolis, SC 724 Broad Street 2 bd · 1 ba Mar 24 2017 $61,000 38 745 sq ft 93.8% $82
701 Broad Street sold home in Kannapolis, SC 701 Broad Street 5 bd · 2 ba Mar 20 2017 $105,000 155 1,190 sq ft 95.5% $88

Market Trends

Closed sales from MLS history for Petrea Heights, Kannapolis

Median sale price · trailing 12 mo
$252,000
5 sales closed · Jul 2024 – Jun 2025
1 yr ▴ 20.0% Kannapolis 1 yr ▴ 3.4%

Petrea Heights median sale price is $252,000, up 20.0% from a year ago; Kannapolis is up 3.4%.

+1 outside price range.

$100k $150k $200k $250k $300k 20222023202420252026 first closes summer 2021 $252k Petrea Heights$305k Kannapolis Sales closed per quarter peak 3

The Petrea Heights real estate market shows balanced market conditions. Homes typically sell within 50 days. With 1 active listing and 0 homes sold in the past year, a healthy balance exists between buyers and sellers.

Pricing

Median Price
$259,900
Average Price
$259,900
$/Sq.Ft (Q1)
$100

Property Details

Avg Bedrooms
3.0
Avg Bathrooms
1.8
Avg Lot Size
0.29 acres

Market Activity

Active Listings
1
Sold Last Year
0
Median Days to Sell
50 days

Community Info

Median Year Built
1930
New Construction
0%

Recently Off Market Properties

Listings taken off the market in the past year in Petrea Heights, Kannapolis

1 property
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