Cities with the fastest growing home prices in Burlington, North Carolina metro area

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November 23, 2022
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Cities with the fastest growing home prices in Burlington, North Carolina metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Burlington, NC metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 12 cities and towns with data available were included in the list.

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1 / 12
Stacker

#12. Green Level, Green Level

- 1-year price change: +$25,466 (+17.1%)
- 5-year price change: +$134,639 (data not available)
- Typical home value: $173,975 (#12 most expensive city in metro)
2 / 12
Stacker

#11. Altamahaw, Altamahaw

- 1-year price change: +$45,261 (+35.1%)
- 5-year price change: +$134,639 (data not available)
- Typical home value: $174,243 (#11 most expensive city in metro)
3 / 12
Stacker

#10. Burlington, Burlington

- 1-year price change: +$45,574 (+26.8%)
- 5-year price change: +$100,006 (+86.6%)
- Typical home value: $215,495 (#8 most expensive city in metro)
4 / 12
Stacker

#9. Ossipee, Ossipee

- 1-year price change: +$46,081 (+33.0%)
- 5-year price change: +$100,006 (data not available)
- Typical home value: $185,821 (#10 most expensive city in metro)
5 / 12
Stacker

#8. Glen Raven, Glen Raven

- 1-year price change: +$47,049 (+24.4%)
- 5-year price change: +$100,006 (data not available)
- Typical home value: $239,599 (#7 most expensive city in metro)

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6 / 12
Stacker

#7. Haw River, Haw River

- 1-year price change: +$48,916 (+30.4%)
- 5-year price change: +$100,006 (data not available)
- Typical home value: $209,732 (#9 most expensive city in metro)
7 / 12
Stacker

#6. Snow Camp, Snow Camp

- 1-year price change: +$54,007 (+22.6%)
- 5-year price change: +$132,920 (+83.0%)
- Typical home value: $292,996 (#5 most expensive city in metro)
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Stacker

#5. Graham, Graham

- 1-year price change: +$54,436 (+28.0%)
- 5-year price change: +$132,920 (data not available)
- Typical home value: $248,751 (#6 most expensive city in metro)
9 / 12
Stacker

#4. Swepsonville, Swepsonville

- 1-year price change: +$60,983 (+24.0%)
- 5-year price change: +$132,920 (data not available)
- Typical home value: $315,079 (#4 most expensive city in metro)
10 / 12
Stacker

#3. Elon, Elon

- 1-year price change: +$66,291 (+24.5%)
- 5-year price change: +$149,037 (+79.3%)
- Typical home value: $337,050 (#3 most expensive city in metro)

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11 / 12
Stacker

#2. Mebane, Mebane

- 1-year price change: +$72,074 (+25.9%)
- 5-year price change: +$159,254 (+83.1%)
- Typical home value: $350,853 (#2 most expensive city in metro)
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Stacker

#1. Alamance, Alamance

- 1-year price change: +$73,643 (+22.0%)
- 5-year price change: +$159,254 (data not available)
- Typical home value: $408,507 (#1 most expensive city in metro)

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