Cities with the fastest-growing home prices in North Carolina

Written by:
November 21, 2024
FOTOGRIN // 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 $358,761 in November, 2.3% 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 November 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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#50. Cary

- Typical home value: $620,583
- 1-year price change: +$20,725 (+3.5%)
- 5-year price change: +$235,012 (+61.0%)
- Metro area: Raleigh-Cary, NC

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#49. Oak Ridge

- Typical home value: $544,257
- 1-year price change: +$20,738 (+4.0%)
- 5-year price change: +$177,106 (+48.2%)
- Metro area: Greensboro-High Point, NC

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#48. Scaly Mountain

- Typical home value: $490,245
- 1-year price change: +$20,792 (+4.4%)
- 5-year price change: +$204,613 (+71.6%)
- Metro area: not in a metro area

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#47. Sunbury

- Typical home value: $194,665
- 1-year price change: +$20,919 (+12.0%)
- 5-year price change: +$56,156 (+40.5%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#46. Mint Hill

- Typical home value: $487,940
- 1-year price change: +$20,978 (+4.5%)
- 5-year price change: +$188,756 (+63.1%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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#45. Gatesville

- Typical home value: $189,434
- 1-year price change: +$21,241 (+12.6%)
- 5-year price change: +$53,681 (+39.5%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#44. Columbus

- Typical home value: $399,664
- 1-year price change: +$21,272 (+5.6%)
- 5-year price change: +$152,893 (+62.0%)
- Metro area: not in a metro area

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#43. Knotts Island

- Typical home value: $400,769
- 1-year price change: +$21,299 (+5.6%)
- 5-year price change: +$157,436 (+64.7%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#42. Apex

- Typical home value: $610,323
- 1-year price change: +$21,642 (+3.7%)
- 5-year price change: +$230,218 (+60.6%)
- Metro area: Raleigh-Cary, NC

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#41. Maple

- Typical home value: $376,077
- 1-year price change: +$21,886 (+6.2%)
- 5-year price change: +$139,418 (+58.9%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#40. Poplar Branch

- Typical home value: $349,318
- 1-year price change: +$21,932 (+6.7%)
- 5-year price change: +$137,166 (+64.7%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#39. Coinjock

- Typical home value: $425,842
- 1-year price change: +$22,315 (+5.5%)
- 5-year price change: +$156,848 (+58.3%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#38. Bath

- Typical home value: $364,877
- 1-year price change: +$22,401 (+6.5%)
- 5-year price change: +$142,646 (+64.2%)
- Metro area: Washington, NC

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#37. Point Harbor

- Typical home value: $438,251
- 1-year price change: +$22,544 (+5.4%)
- 5-year price change: +$188,169 (+75.2%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#36. Newland

- Typical home value: $287,083
- 1-year price change: +$22,633 (+8.6%)
- 5-year price change: +$131,479 (+84.5%)
- Metro area: Hickory-Lenoir-Morganton, NC

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#35. Pisgah Forest

- Typical home value: $444,081
- 1-year price change: +$22,675 (+5.4%)
- 5-year price change: +$195,008 (+78.3%)
- Metro area: Brevard, NC

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#34. Horse Shoe

- Typical home value: $500,345
- 1-year price change: +$22,929 (+4.8%)
- 5-year price change: +$193,893 (+63.3%)
- Metro area: Asheville, NC

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#33. Zirconia

- Typical home value: $464,794
- 1-year price change: +$23,002 (+5.2%)
- 5-year price change: +$170,786 (+58.1%)
- Metro area: Asheville, NC

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#32. Tryon

- Typical home value: $396,786
- 1-year price change: +$23,078 (+6.2%)
- 5-year price change: +$155,372 (+64.4%)
- Metro area: not in a metro area

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#31. Mills River

- Typical home value: $544,577
- 1-year price change: +$24,289 (+4.7%)
- 5-year price change: +$201,543 (+58.8%)
- Metro area: Asheville, NC

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#30. Stanfield

- Typical home value: $388,942
- 1-year price change: +$24,379 (+6.7%)
- 5-year price change: +$164,343 (+73.2%)
- Metro area: Albemarle, NC

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#29. Topton

- Typical home value: $370,006
- 1-year price change: +$24,466 (+7.1%)
- 5-year price change: +$156,717 (+73.5%)
- Metro area: not in a metro area

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#28. New Hill

- Typical home value: $678,522
- 1-year price change: +$24,825 (+3.8%)
- 5-year price change: +$256,835 (+60.9%)
- Metro area: Durham-Chapel Hill, NC

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#27. Shiloh

- Typical home value: $329,122
- 1-year price change: +$24,852 (+8.2%)
- 5-year price change: +$119,153 (+56.7%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#26. Wesley Chapel

- Typical home value: $628,005
- 1-year price change: +$24,898 (+4.1%)
- 5-year price change: +$251,315 (+66.7%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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#25. Oak Island

- Typical home value: $551,580
- 1-year price change: +$25,582 (+4.9%)
- 5-year price change: +$255,017 (+86.0%)
- Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC

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#24. Camden

- Typical home value: $366,353
- 1-year price change: +$26,996 (+8.0%)
- 5-year price change: +$124,605 (+51.5%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#23. Hobbsville

- Typical home value: $225,068
- 1-year price change: +$27,135 (+13.7%)
- 5-year price change: +$80,748 (+56.0%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#22. Waxhaw

- Typical home value: $602,288
- 1-year price change: +$27,224 (+4.7%)
- 5-year price change: +$242,991 (+67.6%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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#21. Eure

- Typical home value: $219,811
- 1-year price change: +$27,372 (+14.2%)
- 5-year price change: +$81,166 (+58.5%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#20. South Mills

- Typical home value: $396,685
- 1-year price change: +$28,191 (+7.7%)
- 5-year price change: +$136,129 (+52.2%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#19. Terrell

- Typical home value: $728,715
- 1-year price change: +$28,438 (+4.1%)
- 5-year price change: +$300,943 (+70.4%)
- Metro area: Hickory-Lenoir-Morganton, NC

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#18. Henrico

- Typical home value: $686,787
- 1-year price change: +$28,570 (+4.3%)
- 5-year price change: +$281,656 (+69.5%)
- Metro area: Roanoke Rapids, NC

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#17. Gates

- Typical home value: $240,565
- 1-year price change: +$29,366 (+13.9%)
- 5-year price change: +$90,191 (+60.0%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#16. Emerald Isle

- Typical home value: $718,428
- 1-year price change: +$29,420 (+4.3%)
- 5-year price change: +$305,966 (+74.2%)
- Metro area: Morehead City, NC

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#15. Seven Devils

- Typical home value: $554,348
- 1-year price change: +$30,501 (+5.8%)
- 5-year price change: +$265,580 (+92.0%)
- Metro area: Boone, NC

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#14. Montreat

- Typical home value: $621,306
- 1-year price change: +$30,853 (+5.2%)
- 5-year price change: data not available
- Metro area: Asheville, NC

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#13. Davidson

- Typical home value: $646,260
- 1-year price change: +$31,335 (+5.1%)
- 5-year price change: +$246,062 (+61.5%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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#12. Blowing Rock

- Typical home value: $712,209
- 1-year price change: +$32,590 (+4.8%)
- 5-year price change: +$302,961 (+74.0%)
- Metro area: Boone, NC

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#11. Corapeake

- Typical home value: $267,194
- 1-year price change: +$33,946 (+14.6%)
- 5-year price change: +$82,248 (+44.5%)
- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

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#10. Wrightsville Beach

- Typical home value: $1,532,330
- 1-year price change: +$39,599 (+2.7%)
- 5-year price change: +$656,741 (+75.0%)
- Metro area: Wilmington, NC

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#9. Lake Santeetlah

- Typical home value: $693,024
- 1-year price change: +$42,792 (+6.6%)
- 5-year price change: +$259,366 (+59.8%)
- Metro area: not in a metro area

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#8. Highlands

- Typical home value: $944,504
- 1-year price change: +$43,757 (+4.9%)
- 5-year price change: +$422,434 (+80.9%)
- Metro area: not in a metro area

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#7. Glenville

- Typical home value: $749,423
- 1-year price change: +$45,462 (+6.5%)
- 5-year price change: +$338,790 (+82.5%)
- Metro area: Cullowhee, NC

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#6. Holden Beach

- Typical home value: $854,776
- 1-year price change: +$51,676 (+6.4%)
- 5-year price change: +$401,587 (+88.6%)
- Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC

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#5. Lake Toxaway

- Typical home value: $680,546
- 1-year price change: +$52,985 (+8.4%)
- 5-year price change: +$324,411 (+91.1%)
- Metro area: Brevard, NC

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#4. Weddington

- Typical home value: $996,277
- 1-year price change: +$63,852 (+6.8%)
- 5-year price change: +$427,502 (+75.2%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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#3. Bald Head Island

- Typical home value: $1,335,655
- 1-year price change: +$76,046 (+6.0%)
- 5-year price change: +$604,929 (+82.8%)
- Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC

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#2. Marvin

- Typical home value: $1,164,328
- 1-year price change: +$91,522 (+8.5%)
- 5-year price change: +$505,209 (+76.6%)
- Metro area: Charlotte-Concord-Gastonia, NC-SC

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#1. Cashiers

- Typical home value: $1,194,060
- 1-year price change: +$100,601 (+9.2%)
- 5-year price change: +$622,978 (+109.1%)
- Metro area: Cullowhee, NC

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