Cities with the fastest-growing home prices in North Carolina

Written by:
Stacker
September 23, 2024
ungvar // Shutterstock

Cities with the fastest-growing home prices in North Carolina

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $362,143 in August, 2.5% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in North Carolina using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending August 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in North Carolina.

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Stacker

#50. Harrisburg

- Typical home value: $507,665
- 1-year price change: +$24,831 (+5.1%)
- 5-year price change: +$198,892 (+64.4%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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#49. Glade Valley

- Typical home value: $343,276
- 1-year price change: +$24,861 (+7.8%)
- 5-year price change: +$138,781 (+67.9%)
- Metro area: not in a metro area

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#48. Chapel Hill

- Typical home value: $616,078
- 1-year price change: +$24,883 (+4.2%)
- 5-year price change: +$225,529 (+57.7%)
- Metro area: Durham-Chapel Hill, NC

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#47. Corapeake

- Typical home value: $268,359
- 1-year price change: +$24,921 (+10.2%)
- 5-year price change: +$86,254 (+47.4%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#46. Union Grove

- Typical home value: $338,077
- 1-year price change: +$25,023 (+8.0%)
- 5-year price change: +$140,148 (+70.8%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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#45. Horse Shoe

- Typical home value: $502,253
- 1-year price change: +$25,165 (+5.3%)
- 5-year price change: +$196,068 (+64.0%)
- Metro area: Asheville, NC

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#44. Laurel Park

- Typical home value: $498,529
- 1-year price change: +$25,443 (+5.4%)
- 5-year price change: +$186,795 (+59.9%)
- Metro area: Asheville, NC

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#43. Roaring Gap

- Typical home value: $442,124
- 1-year price change: +$25,851 (+6.2%)
- 5-year price change: +$158,906 (+56.1%)
- Metro area: not in a metro area

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#42. Bath

- Typical home value: $394,207
- 1-year price change: +$25,859 (+7.0%)
- 5-year price change: +$151,623 (+62.5%)
- Metro area: Washington, NC

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#41. Matthews

- Typical home value: $491,117
- 1-year price change: +$26,027 (+5.6%)
- 5-year price change: +$197,234 (+67.1%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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#40. Seven Devils

- Typical home value: $545,695
- 1-year price change: +$26,074 (+5.0%)
- 5-year price change: +$260,615 (+91.4%)
- Metro area: Boone, NC

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#39. Union Mills

- Typical home value: $230,890
- 1-year price change: +$26,128 (+12.8%)
- 5-year price change: +$93,286 (+67.8%)
- Metro area: Forest City, NC

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#38. Oak Island

- Typical home value: $563,251
- 1-year price change: +$26,136 (+4.9%)
- 5-year price change: +$263,293 (+87.8%)
- Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC

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#37. Huntersville

- Typical home value: $541,214
- 1-year price change: +$26,190 (+5.1%)
- 5-year price change: +$218,301 (+67.6%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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#36. Columbus

- Typical home value: $391,642
- 1-year price change: +$26,511 (+7.3%)
- 5-year price change: +$151,399 (+63.0%)
- Metro area: not in a metro area

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#35. Stanfield

- Typical home value: $392,414
- 1-year price change: +$26,553 (+7.3%)
- 5-year price change: +$165,320 (+72.8%)
- Metro area: Albemarle, NC

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#34. Cary

- Typical home value: $627,237
- 1-year price change: +$27,105 (+4.5%)
- 5-year price change: +$238,506 (+61.4%)
- Metro area: Raleigh-Cary, NC

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#33. Fairview

- Typical home value: $535,541
- 1-year price change: +$27,641 (+5.4%)
- 5-year price change: +$206,208 (+62.6%)
- Metro area: Asheville, NC

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#32. Saluda

- Typical home value: $434,291
- 1-year price change: +$27,858 (+6.9%)
- 5-year price change: +$189,621 (+77.5%)
- Metro area: Asheville, NC

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#31. Apex

- Typical home value: $615,108
- 1-year price change: +$28,130 (+4.8%)
- 5-year price change: +$233,453 (+61.2%)
- Metro area: Raleigh-Cary, NC

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#30. New Hill

- Typical home value: $663,741
- 1-year price change: +$28,219 (+4.4%)
- 5-year price change: +$251,499 (+61.0%)
- Metro area: Durham-Chapel Hill, NC

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#29. Duck

- Typical home value: $974,033
- 1-year price change: +$28,336 (+3.0%)
- 5-year price change: +$404,090 (+70.9%)
- Metro area: Kill Devil Hills, NC

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#28. Sugar Grove

- Typical home value: $393,383
- 1-year price change: +$28,494 (+7.8%)
- 5-year price change: +$165,468 (+72.6%)
- Metro area: Boone, NC

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#27. Carrboro

- Typical home value: $536,875
- 1-year price change: +$28,872 (+5.7%)
- 5-year price change: +$198,904 (+58.9%)
- Metro area: Durham-Chapel Hill, NC

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#26. Camden

- Typical home value: $367,811
- 1-year price change: +$29,769 (+8.8%)
- 5-year price change: +$122,630 (+50.0%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#25. Tryon

- Typical home value: $395,297
- 1-year price change: +$30,632 (+8.4%)
- 5-year price change: +$156,935 (+65.8%)
- Metro area: not in a metro area

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#24. Shiloh

- Typical home value: $334,972
- 1-year price change: +$30,706 (+10.1%)
- 5-year price change: +$118,161 (+54.5%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#23. Harkers Island

- Typical home value: $378,745
- 1-year price change: +$30,746 (+8.8%)
- 5-year price change: +$137,851 (+57.2%)
- Metro area: Morehead City, NC

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#22. South Mills

- Typical home value: $399,494
- 1-year price change: +$31,200 (+8.5%)
- 5-year price change: +$135,100 (+51.1%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#21. Scaly Mountain

- Typical home value: $503,926
- 1-year price change: +$32,178 (+6.8%)
- 5-year price change: +$211,009 (+72.0%)
- Metro area: not in a metro area

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#20. Pisgah Forest

- Typical home value: $444,529
- 1-year price change: +$32,231 (+7.8%)
- 5-year price change: +$195,863 (+78.8%)
- Metro area: Brevard, NC

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#19. Waxhaw

- Typical home value: $596,054
- 1-year price change: +$32,279 (+5.7%)
- 5-year price change: +$241,536 (+68.1%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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#18. Wesley Chapel

- Typical home value: $622,528
- 1-year price change: +$32,741 (+5.6%)
- 5-year price change: +$251,005 (+67.6%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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#17. Elk Park

- Typical home value: $304,096
- 1-year price change: +$33,484 (+12.4%)
- 5-year price change: +$157,960 (+108.1%)
- Metro area: not in a metro area

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#16. Emerald Isle

- Typical home value: $747,941
- 1-year price change: +$33,598 (+4.7%)
- 5-year price change: +$320,706 (+75.1%)
- Metro area: Morehead City, NC

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#15. Newland

- Typical home value: $287,588
- 1-year price change: +$34,153 (+13.5%)
- 5-year price change: +$132,577 (+85.5%)
- Metro area: Hickory-Lenoir-Morganton, NC

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#14. Topton

- Typical home value: $383,828
- 1-year price change: +$34,240 (+9.8%)
- 5-year price change: +$161,222 (+72.4%)
- Metro area: not in a metro area

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#13. Terrell

- Typical home value: $792,403
- 1-year price change: +$36,506 (+4.8%)
- 5-year price change: +$330,505 (+71.6%)
- Metro area: Hickory-Lenoir-Morganton, NC

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#12. Blowing Rock

- Typical home value: $718,182
- 1-year price change: +$36,840 (+5.4%)
- 5-year price change: +$308,864 (+75.5%)
- Metro area: Boone, NC

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#11. Highlands

- Typical home value: $981,052
- 1-year price change: +$37,462 (+4.0%)
- 5-year price change: +$433,215 (+79.1%)
- Metro area: not in a metro area

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#10. Davidson

- Typical home value: $652,513
- 1-year price change: +$37,952 (+6.2%)
- 5-year price change: +$251,326 (+62.6%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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#9. Montreat

- Typical home value: $621,952
- 1-year price change: +$38,771 (+6.6%)
- 5-year price change: data not available
- Metro area: Asheville, NC

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#8. Lake Santeetlah

- Typical home value: $717,685
- 1-year price change: +$41,574 (+6.1%)
- 5-year price change: +$266,329 (+59.0%)
- Metro area: not in a metro area

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#7. Glenville

- Typical home value: $775,991
- 1-year price change: +$46,861 (+6.4%)
- 5-year price change: +$338,674 (+77.4%)
- Metro area: Cullowhee, NC

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#6. Lake Toxaway

- Typical home value: $697,967
- 1-year price change: +$51,806 (+8.0%)
- 5-year price change: +$322,319 (+85.8%)
- Metro area: Brevard, NC

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#5. Holden Beach

- Typical home value: $889,274
- 1-year price change: +$55,374 (+6.6%)
- 5-year price change: +$419,981 (+89.5%)
- Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC

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#4. Bald Head Island

- Typical home value: $1,313,503
- 1-year price change: +$57,364 (+4.6%)
- 5-year price change: +$574,506 (+77.7%)
- Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC

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#3. Weddington

- Typical home value: $998,507
- 1-year price change: +$74,394 (+8.1%)
- 5-year price change: +$427,171 (+74.8%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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#2. Cashiers

- Typical home value: $1,201,121
- 1-year price change: +$85,655 (+7.7%)
- 5-year price change: +$601,108 (+100.2%)
- Metro area: Cullowhee, NC

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#1. Marvin

- Typical home value: $1,171,747
- 1-year price change: +$106,050 (+10.0%)
- 5-year price change: +$499,732 (+74.4%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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