With home values up around 3.3% in the past year and mortgage rates remaining high, the personal-finance website WalletHub today released its report on the Best Real Estate Markets in 2024, and several cities in South Carolina and North Carolina have earned notable spots. The rankings evaluated 300 cities based on 27 key metrics such as housing affordability, market health, and economic growth.
In North Carolina three cities were in the top 10 with Cary ranked 3rd overall, Durham 5th and Charlotte secured a strong position, ranking 7th overall. Raleigh also performed well, coming in at 18th due to its dynamic real estate market and growing population. Wilmington, NC was ranked 44th and High Point came in at 90th. Winston-Salem was 109th, Fayetteville 154th, and Greensboro 175th,
South Carolina only had two cities on the list. North Charleston was ranked 26th, and Charleston was just behind at 32nd.
These rankings offer valuable insights for potential homebuyers and investors, emphasizing the strength and potential of real estate markets in the Carolinas.