Skip to Search Skip to Live Player Skip to Content Skip to Footer

Catherine Lane

Zillow No Longer Ranks This North Carolina City Hottest In The Nation

Author Catherine Lane

Zillow no longer ranks this North Carolina city hottest in the nation. But its outlook for the surrounding metro is still highly ranked. The home evaluation website just released it’s list of the hottest housing markets for 2024. That list ranks the top 50 largest metro areas.

Charlotte fell from first to seventh in rankings. The Queen City is still in the top ten but why the fall from grace? According to our source, the Charlotte Business Journal, it “had earned the top spot due to growth projections for both home values and homeowners households”.

This is how the findings were determined by Zillow. In the study they analyzed markets on expected home value appreciation from December 2023 to November 2024. It’s based on anticipated value from the previous year, job growth and speed at which homes are sold among other things.

I was once offered a morning radio job in Buffalo, so I am always interested in what is happening there. Buffalo, New York ranked number one. Zillow says Buffalo had tons of new jobs per new homes permitted and that signals demand. The study ranked Atlanta just above Charlotte. Atlanta ranked 6th. Zillow no longer ranks this North Carolina city hottest in the nation. And by this I mean, Charlotte.

Buyers are reportedly exhausted from steep home prices. According to some market analysts, affordability will become the key driver in 2024 among home buyers. Data scientist Anushna Prakesh agrees. “Housing markets are healthiest where affordable home prices and strong employment are giving young hopefuls a real shot at buying and starting to build equity,” Prakesh said.  He was quoted in the Charlotte Business Journal.

A typical home in the Charlotte Metro is around $371,844. That is close to the national average at $347, 415. The real estate Charlotte metro includes Union, Gaston, Rowan, Burke, Cabarrus, Lincoln,York, Chester and Iredell counties. For more information get details from our source the Charlotte Business Journal.

5 Charlotte Area Neighborhoods Among The 10 Best Places To Buy A House In North Carolina

While there may be a slight improvement it’s still a crazy market to try to buy a home in. The prices seem to stay crazy high, with no end to this housing bubble in sight. I would love to buy my first house, but like many, I simply can’t in this market. And if you are paying these prices you want to make sure you’re buying in the right area. Luckily, Niche.com decided to do the homework to determine the best places to buy a house in North Carolina. They recently released a list of the best places to live in the state, factoring in both cities, suburbs, towns and city neighborhoods.

Charlotte and the surrounding areas were very well represented on this list with five Charlotte neighborhoods making the top 10 places to buy a house. This includes both neighborhoods and suburbs.

“The Best Places to Buy a House ranking provides a comprehensive assessment of the housing and community of an area,” they explain the in the study. “This grade takes into account key factors of a location’s housing market, including home values, taxes, crime rates, and quality of local schools, in an attempt to measure the quality and stability of an area’s real estate market.”

Other factors included in the analysis include home value to income ratio, public school grades, monthly housing costs, the cost of living, the higher education rate, the median home value, and more.

So, are the best places to buy a house in North Carolina? Read on for the top 10 as well as the other Charlotte area neighborhoods. Or you can read the full list via Niche.com.

  • 24. Hemby Bridge, NC

    Hemby Bridge, NC 28079

    Find local businesses, view maps and get driving directions in Google Maps.

    Hemby Bridge is a small town in Union County, NC. The town has a population of 1,957.

  • 23. Governor's Square

    Governor's Square, Charlotte, NC 28226

    Find local businesses, view maps and get driving directions in Google Maps.

    The Governor’s Square neighborhood of Charlotte is in the South Park area. It includes the area of Charlotte Country Day between Carmel, Sharon View, Sharon, and Colony.

  • 20. Weddington

    Weddington, NC

    Find local businesses, view maps and get driving directions in Google Maps.

    I’m a little surprised Weddington didn’t rank higher on this list. Union County and Weddington in particular tend to get a lot of love, particularly for the schools. This are is continuing to see rapid growth and people flocking to it, for good reason.

  • 16. Pleasant Hill Road

    Pleasant Hill Road, Charlotte, NC 28278

    Find local businesses, view maps and get driving directions in Google Maps.

    The Pleasant Hill Neighborhood of Charlotte is home to around 7,000 people. It’s situated on Lake Wylie but still within the city limits.

  • 12. Harrisburg

    Harrisburg, NC

    Find local businesses, view maps and get driving directions in Google Maps.

    The suburb of Harrisburg sits northeast of Charlotte in Cabarrus County. With a population over around 18,500 it’s got a small town feel close to the hustle and bustle of Charlotte.

  • 10. Providence Crossing

    Providence Crossing, Charlotte, NC 28277

    Find local businesses, view maps and get driving directions in Google Maps.

    Providence Crossing is a quiet South Charlotte neighborhood that includes the Waverly and Rae Farms shopping centers. This area has experienced rapid growth and has plenty to offer residents.

  • 9. Boiling Springs

    Boiling Springs, NC 28152

    Find local businesses, view maps and get driving directions in Google Maps.

    Boiling Springs, the town of just under 5,000 is located in Cleveland County. The town is home to Gardner Webb University and is a single stoplight town.

  • 8. Olde Providence South

    Olde Providence South, Charlotte, NC 28226

    Find local businesses, view maps and get driving directions in Google Maps.

    A great location and wonderful schools make Olde Providence South the 8th best place to buy a house in North Carolina. The neighborhood is nestled off Providence Road about halfway between SouthPark and the Arboretum area.

  • 7. McAdenville

    McAdenville, NC

    Find local businesses, view maps and get driving directions in Google Maps.

    Who wouldn’t want to live in Christmastown USA? This Gaston County town is convenient to Charlotte and Gastonia but has its own personality.

  • 6. Stokesdale

    Stokesdale, NC

    Find local businesses, view maps and get driving directions in Google Maps.

    Stokesdale is a Guilford County suburb of Greensboro. This small town makes a great place to call home.

  • 5. Wallburg

    Wallburg, NC

    Find local businesses, view maps and get driving directions in Google Maps.

    We stay in the triad region with Wallburg coming in at number 5 on Niche’s list. Wallburg is a Winston-Salem suburb and is home to around 3,000 residents.

  • 4. Lewisville

    Lewisville, NC

    Find local businesses, view maps and get driving directions in Google Maps.

    Our last stop in the Triad is Lewisville. Residents love the quaint downtown but the area is large enough to provide all residents need just a stone’s throw from Winston-Salem.

  • 3. Fairview

    Fairview, NC 28730

    Find local businesses, view maps and get driving directions in Google Maps.

    At first glance I assumed this was the area around Fairview Road/SouthPark in Charlotte. But it’s actually Fairview in Buncombe County. This town of just under 3,000 residents is just outside of Asheville.

  • 2. Providence Plantation

    Providence Plantation, Charlotte, NC

    Find local businesses, view maps and get driving directions in Google Maps.

    This massive south Charlotte neighborhood comes in at number 2 on this not to my surprise. It’s got great schools and is convenient to shopping, dining, and many other amenities.

  • 1. Colonial Village

    Colonial Village, Charlotte, NC

    Find local businesses, view maps and get driving directions in Google Maps.

    Did you have to take a second look at the map to see exactly where Colonial Village was? I know I did. In the lower Southend area is Colonial Village a neighborhood that is currently benefiting from rapid growth and development. Securing a home in this neighborhood will get you a great return on your investment in a few years.

Catherine Lane is the morning show co-host and midday host on Country 1037 in Charlotte, North Carolina. She has been with the station for the past 24 years and is a recipient of the Academy of Country Music Major Market Personality of the Year award. Catherine has been on air in both radio and television in the Queen City for 38 years. As a content creator for Country 1037, Catherine writes blogs on local events and restaurants. She also writes about great travel spots and out of the way places in the Carolinas. Anything outdoors, travel, food, animals or the many country artists from the Carolinas.

Sign me up for the Country 103.7 email newsletter!

Members get exclusive insights into new music, music news, contests, quizzes, and more!

*
*
By clicking "Subscribe" I agree to the website's terms of Service and Privacy Policy. I understand I can unsubscribe at any time.
Author Catherine Lane
Category:
Tags:
,,,,

More Country 103.7

Load More