2016 Best Cities in the Real Estate Market

WalletHub announced the top cities in 2016 for best “Real Estate Market” and “Affordability & Economic Environment”.

In order to come up with the standings that determine each city’s ranking, results were based on the area’s population. Large cities were determined to have an average of 300,000+ people, midsize cities with an average of 150,000 to 300,000 people and small cities had an average of less than 150,000 people.

In terms of North Carolina’s best in the “Real Estate Market”, the following cities were recognized:

Cary, NC at #31
Raleigh, NC at #38
Durham, NC at #45
Charlotte, NC at #78
Wilmington, NC at #80
High Point, NC at #161
Greensboro, NC at #183
Winston-Salem, NC at #211
Fayetteville, NC at #290

In the “Affordability & Economic Environment” category, the following NC cities ranked:

Cary, NC is at #3
Charlotte, NC is at #15
Raleigh, NC is at #20
Durham, NC is at #26
Greensboro, NC is at #71
Wilmington, NC is at #119
High Point, NC is at #126
Winston-Salem, NC is at #120
Fayetteville, NC is at #130

2016 Best Cities in the Real Estate Market

Overall Ranking out of 300 cities:

Cary, NC is at #16
Durham, NC is at #33
Raleigh, NC is at #38
Charlotte, NC is at #60
Wilmington, NC is at #80
High Point, NC is at #155
Greensboro, NC is at #159
Winston-Salem, NC is at #205
Fayetteville, NC is at #285

In the “Lowest Home Price as a Percentage of Income” category, Fayetteville, NC was ranked third.

This recognition is great for North Carolina, showcasing it as a great option for investment in the real estate market for both first time home buyers and seasoned investors.

Are you looking for opportunities to find the perfect home in any of the cities listed in NC? We can help! This information is a great starting point, but you’ll want help from a professional team who knows the North Carolina real estate market inside out! Call Showcase Realty today at 704.997.3794 or send us a message here!

Not sure where you want to search for homes in Charlotte? Take a look at Charlotte’s Top 10 Locations to Live In to get a better idea of where you might want to live! If you want to know why North Carolina should be the location of your next home, be sure to read Charlotte Ranked In Top 5 Among Best Cities For Young Professionals.

What makes Showcase Realty the best match for you? Don’t miss Nancy Braun of Showcase Realty LLC Named One of America’s Top 1,000 Real Estate Professionals by Real Trends, as Advertised in the Wall Street Journal to learn more about our team.

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It’s Time For First-Time Home Buyers to Own!Home Affordability in Today’s Economy Revealed, real estate news