Charlotte is Listed as #10 on the Up-and-Coming Housing Markets List
GOBankingRates has named their list of the top Up-and-Coming housing markets in the U.S. and Charlotte made it in the top 10! The list was determined by reviewing several categories in housing and lifestyle-related data such as housing affordability, home sales, emerging real estate trends and job growth.
Even though temperatures in the Charlotte area are typically mild, the job market is hot, hot, hot! Charlotte has already made a name for itself by being the 2nd largest banking center in the U.S. This has helped the Charlotte job market rise and with major universities in the city itself, such as Johnson and Whales and The University of North Carolina at Charlotte, the job market hasn’t reached its peak yet.
Another perk of Charlotte is the affordable housing market. The average home price is steady with the nation’s average which sits just around $234,000. You can also get better use of your money in the Charlotte market – the cost of living is 1.3% below the national average. With multiple reports listing Charlotte as a city that has improved their urban centers as “live/work/play environments” its easy to see why Charlotte made it to one of the top spots of the Up-and-Coming list.
If you’re thinking of selling and have questions on the market or if you’re wondering what steps you should take to prep your home for sale, contact Wilson Realty Group at (704)251-9741! Our expert Listing Specialists are here for you!