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 $360,385 in October, 2.4% 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 October 2024. The charts in this story were created automatically using Matplotlib. Data was available for 50 cities and towns in North Carolina.You may also like: Counties with the worst droughts in North Carolina
#50. Winnabow
– Typical home value: $305,624
– 1-year price change: +$22,189 (+7.8%)
– 5-year price change: +$109,553 (+55.9%)
– Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC
#49. Banner Elk
– Typical home value: $562,619
– 1-year price change: +$22,373 (+4.1%)
– 5-year price change: +$248,949 (+79.4%)
– Metro area: Boone, NC
#48. Duck
– Typical home value: $990,828
– 1-year price change: +$22,390 (+2.3%)
– 5-year price change: +$415,666 (+72.3%)
– Metro area: Kill Devil Hills, NC
#47. Henrico
– Typical home value: $705,876
– 1-year price change: +$22,524 (+3.3%)
– 5-year price change: +$287,468 (+68.7%)
– Metro area: Roanoke Rapids, NC
#46. Point Harbor
– Typical home value: $456,445
– 1-year price change: +$22,809 (+5.3%)
– 5-year price change: +$195,653 (+75.0%)
– Metro area: Virginia Beach-Norfolk-Newport News, VA-NC
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#45. Glade Valley
– Typical home value: $339,393
– 1-year price change: +$22,940 (+7.2%)
– 5-year price change: +$137,903 (+68.4%)
– Metro area: not in a metro area
#44. Apex
– Typical home value: $610,208
– 1-year price change: +$22,949 (+3.9%)
– 5-year price change: +$231,041 (+60.9%)
– Metro area: Raleigh-Cary, NC
#43. Otto
– Typical home value: $300,774
– 1-year price change: +$23,115 (+8.3%)
– 5-year price change: +$133,863 (+80.2%)
– Metro area: not in a metro area
#42. Zirconia
– Typical home value: $470,550
– 1-year price change: +$23,333 (+5.2%)
– 5-year price change: +$174,610 (+59.0%)
– Metro area: Asheville, NC
#41. Horse Shoe
– Typical home value: $499,386
– 1-year price change: +$23,530 (+4.9%)
– 5-year price change: +$194,291 (+63.7%)
– Metro area: Asheville, NC
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#40. Saluda
– Typical home value: $430,125
– 1-year price change: +$23,604 (+5.8%)
– 5-year price change: +$186,799 (+76.8%)
– Metro area: Asheville, NC
#39. Columbus
– Typical home value: $386,453
– 1-year price change: +$23,675 (+6.5%)
– 5-year price change: +$149,564 (+63.1%)
– Metro area: not in a metro area
#38. Mills River
– Typical home value: $544,284
– 1-year price change: +$23,832 (+4.6%)
– 5-year price change: +$202,361 (+59.2%)
– Metro area: Asheville, NC
#37. Poplar Branch
– Typical home value: $356,062
– 1-year price change: +$23,860 (+7.2%)
– 5-year price change: +$141,354 (+65.8%)
– Metro area: Virginia Beach-Norfolk-Newport News, VA-NC
#36. Harkers Island
– Typical home value: $375,980
– 1-year price change: +$24,190 (+6.9%)
– 5-year price change: +$134,460 (+55.7%)
– Metro area: Morehead City, NC
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#35. Elk Park
– Typical home value: $296,805
– 1-year price change: +$24,192 (+8.9%)
– 5-year price change: +$153,369 (+106.9%)
– Metro area: not in a metro area
#34. Pisgah Forest
– Typical home value: $444,446
– 1-year price change: +$24,239 (+5.8%)
– 5-year price change: +$195,580 (+78.6%)
– Metro area: Brevard, NC
#33. Hobbsville
– Typical home value: $231,059
– 1-year price change: +$24,579 (+11.9%)
– 5-year price change: +$84,607 (+57.8%)
– Metro area: Virginia Beach-Norfolk-Newport News, VA-NC
#32. Stanfield
– Typical home value: $390,337
– 1-year price change: +$24,965 (+6.8%)
– 5-year price change: +$164,747 (+73.0%)
– Metro area: Albemarle, NC
#31. Bath
– Typical home value: $386,618
– 1-year price change: +$25,068 (+6.9%)
– 5-year price change: +$151,940 (+64.7%)
– Metro area: Washington, NC
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#30. New Hill
– Typical home value: $664,601
– 1-year price change: +$25,693 (+4.0%)
– 5-year price change: +$253,036 (+61.5%)
– Metro area: Durham-Chapel Hill, NC
#29. Tryon
– Typical home value: $391,025
– 1-year price change: +$26,199 (+7.2%)
– 5-year price change: +$154,881 (+65.6%)
– Metro area: not in a metro area
#28. Wesley Chapel
– Typical home value: $622,473
– 1-year price change: +$26,352 (+4.4%)
– 5-year price change: +$249,901 (+67.1%)
– Metro area: Charlotte-Concord-Gastonia, NC-SC
#27. Wrightsville Beach
– Typical home value: $1,572,863
– 1-year price change: +$26,353 (+1.7%)
– 5-year price change: +$669,884 (+74.2%)
– Metro area: Wilmington, NC
#26. Newland
– Typical home value: $285,821
– 1-year price change: +$26,515 (+10.2%)
– 5-year price change: +$131,767 (+85.5%)
– Metro area: Hickory-Lenoir-Morganton, NC
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#25. Eure
– Typical home value: $225,770
– 1-year price change: +$26,556 (+13.3%)
– 5-year price change: +$83,776 (+59.0%)
– Metro area: Virginia Beach-Norfolk-Newport News, VA-NC
#24. Gates
– Typical home value: $239,090
– 1-year price change: +$26,640 (+12.5%)
– 5-year price change: +$90,820 (+61.3%)
– Metro area: Virginia Beach-Norfolk-Newport News, VA-NC
#23. Scaly Mountain
– Typical home value: $505,186
– 1-year price change: +$27,468 (+5.7%)
– 5-year price change: +$213,211 (+73.0%)
– Metro area: not in a metro area
#22. Shiloh
– Typical home value: $341,247
– 1-year price change: +$27,555 (+8.8%)
– 5-year price change: +$123,101 (+56.4%)
– Metro area: Virginia Beach-Norfolk-Newport News, VA-NC
#21. Camden
– Typical home value: $369,685
– 1-year price change: +$27,697 (+8.1%)
– 5-year price change: +$125,353 (+51.3%)
– Metro area: Virginia Beach-Norfolk-Newport News, VA-NC
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Stacker
#20. Oak Island
– Typical home value: $562,565
– 1-year price change: +$27,920 (+5.2%)
– 5-year price change: +$261,886 (+87.1%)
– Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC
Stacker
#19. Waxhaw
– Typical home value: $595,592
– 1-year price change: +$28,335 (+5.0%)
– 5-year price change: +$240,979 (+68.0%)
– Metro area: Charlotte-Concord-Gastonia, NC-SC
Stacker
#18. South Mills
– Typical home value: $400,508
– 1-year price change: +$29,157 (+7.9%)
– 5-year price change: +$137,086 (+52.0%)
– Metro area: Virginia Beach-Norfolk-Newport News, VA-NC
Stacker
#17. Topton
– Typical home value: $378,588
– 1-year price change: +$31,015 (+8.9%)
– 5-year price change: +$161,365 (+74.3%)
– Metro area: not in a metro area
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#16. Seven Devils
– Typical home value: $553,578
– 1-year price change: +$31,260 (+6.0%)
– 5-year price change: +$265,498 (+92.2%)
– Metro area: Boone, NC
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#15. Corapeake
– Typical home value: $273,695
– 1-year price change: +$31,439 (+13.0%)
– 5-year price change: +$87,812 (+47.2%)
– Metro area: Virginia Beach-Norfolk-Newport News, VA-NC
#14. Davidson
– Typical home value: $653,653
– 1-year price change: +$32,339 (+5.2%)
– 5-year price change: +$249,653 (+61.8%)
– Metro area: Charlotte-Concord-Gastonia, NC-SC
#13. Emerald Isle
– Typical home value: $750,445
– 1-year price change: +$32,885 (+4.6%)
– 5-year price change: +$321,217 (+74.8%)
– Metro area: Morehead City, NC
#12. Montreat
– Typical home value: $620,471
– 1-year price change: +$33,291 (+5.7%)
– 5-year price change: data not available
– Metro area: Asheville, NC
#11. Terrell
– Typical home value: $778,251
– 1-year price change: +$33,641 (+4.5%)
– 5-year price change: +$324,224 (+71.4%)
– Metro area: Hickory-Lenoir-Morganton, NC
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#10. Blowing Rock
– Typical home value: $715,300
– 1-year price change: +$36,667 (+5.4%)
– 5-year price change: +$307,669 (+75.5%)
– Metro area: Boone, NC
#9. Lake Santeetlah
– Typical home value: $719,226
– 1-year price change: +$44,086 (+6.5%)
– 5-year price change: +$271,988 (+60.8%)
– Metro area: not in a metro area
#8. Highlands
– Typical home value: $995,761
– 1-year price change: +$47,629 (+5.0%)
– 5-year price change: +$446,111 (+81.2%)
– Metro area: not in a metro area
#7. Glenville
– Typical home value: $772,769
– 1-year price change: +$51,063 (+7.1%)
– 5-year price change: +$345,867 (+81.0%)
– Metro area: Cullowhee, NC
#6. Lake Toxaway
– Typical home value: $711,535
– 1-year price change: +$53,674 (+8.2%)
– 5-year price change: +$336,833 (+89.9%)
– Metro area: Brevard, NC
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#5. Holden Beach
– Typical home value: $901,737
– 1-year price change: +$56,368 (+6.7%)
– 5-year price change: +$424,887 (+89.1%)
– Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC
#4. Weddington
– Typical home value: $1,015,966
– 1-year price change: +$68,287 (+7.2%)
– 5-year price change: +$436,139 (+75.2%)
– Metro area: Charlotte-Concord-Gastonia, NC-SC
#3. Bald Head Island
– Typical home value: $1,356,704
– 1-year price change: +$70,335 (+5.5%)
– 5-year price change: +$608,852 (+81.4%)
– Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC
#2. Marvin
– Typical home value: $1,187,059
– 1-year price change: +$95,187 (+8.7%)
– 5-year price change: +$512,173 (+75.9%)
– Metro area: Charlotte-Concord-Gastonia, NC-SC
#1. Cashiers
– Typical home value: $1,219,991
– 1-year price change: +$106,137 (+9.5%)
– 5-year price change: +$630,782 (+107.1%)
– Metro area: Cullowhee, NC
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By Stacker
