Based on the most recent data from Redfin , U.S. housing prices were up 5.4% year over year in November. But, if you are looking to move to North Carolina or if you already live there and are thinking of buying a home in 2025, you will find the market a little better than the overall prices around the country.
According to Redfin, North Carolina home prices were up just 2.6% over November 2023, with a median price of $374,100.
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Experts dispelled five common misconceptions about buying a home in North Carolina heading into 2025.
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Myth No. 1: The Housing Market Will Slow Due to Hurricane Helene
The number of homes sold in November was down 2.2% year over year, and a common misconception is that the will continue to slow due to the damage to homes from Hurricane Helene.