Charlotte Ranked As 2024’s 7th Best Real-Estate Market in America

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Charlotte Stories
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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, to identify the most attractive cities for home-buyers and real estate professionals.

The site compared 300 cities across 17 key metrics. The data set ranges from median home-price appreciation to housing affordability to job growth.

Health of Charlotte’s Real-Estate Market (1=Best; 150=Avg.):

  • 122nd – Share of Seriously Underwater Mortgages
  • 86th – Median Days on the Market
  • 85th – Median Home-Price Appreciation
  • 17th – Job Growth Rate
  • 124th – Foreclosure Rate
  • 137th – % of Delinquent Mortgage Holders
  • 117th – Home Price as % of Income
  • 107th – Maintenance Costs as % of Income

Charlotte ranked as the 7th  best real estate market overall and the 2nd among large cities.

Best Real Estate Markets

Overall Rank City Total Score Real Estate Market Rank Affordability & Economic Environment Rank
1 McKinney, TX 74.09 1 3
2 Frisco, TX 73.03 2 1
3 Cary, NC 70.52 4 5
4 Nashville, TN 69.79 3 97
5 Durham, NC 68.99 5 33
6 Gilbert, AZ 68.88 8 2
7 Charlotte, NC 68.07 6 42
8 Denton, TX 67.53 7 40
9 Allen, TX 67.29 13 6
10 Port St. Lucie, FL 67.01 18 4
11 Boise, ID 66.94 9 32
12 Austin, TX 66.34 11 26
13 Murfreesboro, TN 66.05 15 27
14 Peoria, AZ 66.01 24 8
15 Surprise, AZ 65.95 22 12
16 Chandler, AZ 65.58 25 10
17 Richardson, TX 65.56 21 18
18 Raleigh, NC 65.45 16 59
19 Irvine, CA 64.51 12 148
20 Carrollton, TX 64.32 29 20
21 Roseville, CA 64.18 26 45
22 Tempe, AZ 64.04 23 78
23 Henderson, NV 63.49 36 35
24 Tampa, FL 63.42 32 57
25 Bellevue, WA 63.27 20 169
26 North Charleston, SC 63.27 28 90
27 Seattle, WA 63.26 17 196
28 Fort Worth, TX 63.16 31 80
29 Huntsville, AL 63.14 50 11
30 Madison, WI 63.02 30 96
31 Irving, TX 63.01 43 22
32 Charleston, SC 62.97 40 31
33 Salt Lake City, UT 62.93 19 206
34 Plano, TX 62.84 45 23
35 Santa Clara, CA 62.67 10 270
36 Ontario, CA 62.66 27 152
37 Atlanta, GA 62.5 35 102
38 Garland, TX 62.39 47 41
39 Hillsboro, OR 62.37 37 105
40 Phoenix, AZ 62.27 44 52
41 Colorado Springs, CO 62.2 41 81
42 Clovis, CA 62.05 62 16
43 Grand Prairie, TX 61.8 53 38
44 Wilmington, NC 61.69 46 92
45 Fort Collins, CO 61.52 34 197
46 Sunnyvale, CA 61.5 14 280
47 Mesa, AZ 61.46 61 34
48 Arvada, CO 61.44 39 135
49 Hialeah, FL 60.96 33 223
50 Aurora, CO 60.94 38 179
51 Temecula, CA 60.71 58 93
52 Reno, NV 60.64 56 109
53 Grand Rapids, MI 60.57 57 113
54 Spokane, WA 60.47 52 144
55 Glendale, AZ 60.44 67 67
56 Spokane Valley, WA 60.41 54 132
57 Orlando, FL 60.39 76 25
58 Knoxville, TN 60.15 68 89
59 Dallas, TX 60.12 63 111
60 Davie, FL 60.04 78 50
61 Denver, CO 59.76 48 211
62 Elk Grove, CA 59.7 74 68
63 Longmont, CO 59.68 49 207
64 San Diego, CA 59.6 42 240
65 Roswell, GA 59.58 83 39
66 Everett, WA 59.48 51 212
67 Manchester, NH 59.12 65 174
68 Eugene, OR 59.01 70 154
69 Carlsbad, CA 58.9 59 217
70 Fontana, CA 58.77 79 123
71 Columbus, OH 58.68 81 122
72 Salem, OR 58.68 87 58
73 Athens-Clarke, GA 58.65 73 147
74 Chula Vista, CA 58.44 69 200
75 Sterling Heights, MI 58.26 93 54
76 St. Petersburg, FL 58.15 110 28
77 Renton, WA 58.12 75 185
78 Vancouver, WA 58.11 66 227
79 Escondido, CA 58.01 60 252
80 Vista, CA 57.88 64 241
81 Beaverton, OR 57.84 82 165
82 Lakeland, FL 57.72 138 7
83 Lincoln, NE 57.69 104 53
84 Rancho Cucamonga, CA 57.61 89 107
85 San Jose, CA 57.37 55 273
86 Tacoma, WA 57.26 72 238
87 Miami, FL 57.25 80 220
88 Arlington, TX 57.04 112 75
89 Pembroke Pines, FL 57.03 117 77
90 High Point, NC 57.02 106 84
91 Overland Park, KS 56.89 127 56
92 Oceanside, CA 56.88 77 244
93 Norman, OK 56.88 149 14
93 Miami Gardens, FL 56.88 96 158
95 Richmond, VA 56.81 90 176
96 Cape Coral, FL 56.78 156 17
97 Fremont, CA 56.78 71 263
98 Houston, TX 56.76 103 126
99 Jersey City, NJ 56.67 88 204
100 Green Bay, WI 56.62 125 60
101 Omaha, NE 56.56 124 65
102 Ann Arbor, MI 56.55 100 145
103 Quincy, MA 56.55 86 219
104 Kent, WA 56.52 94 181
105 Fort Wayne, IN 56.37 135 70
106 Las Vegas, NV 56.35 98 177
107 Scottsdale, AZ 56.31 132 63
108 Chesapeake, VA 56.3 147 36
109 Winston-Salem, NC 56.25 126 86
110 Thornton, CO 56.06 119 138
111 Palm Bay, FL 56 169 13
112 Santa Ana, CA 55.95 85 258
113 Portland, OR 55.88 105 187
114 Rochester, NY 55.75 101 202
115 Mission Viejo, CA 55.71 107 191
116 Tucson, AZ 55.62 134 110
117 Yuma, AZ 55.48 150 66
118 Federal Way, WA 55.41 111 199
119 Anaheim, CA 55.34 91 248
120 Murrieta, CA 55.27 151 79
121 Huntington Beach, CA 55.21 99 235
122 North Las Vegas, NV 55.18 162 71
123 Sacramento, CA 55.18 129 160
124 Garden Grove, CA 55.08 95 250
125 El Cajon, CA 55.08 84 279
126 Buffalo, NY 55.07 120 183
127 Westminster, CO 55.06 128 182
128 Corona, CA 55.06 141 139
129 Mesquite, TX 55.05 172 43
130 Moreno Valley, CA 54.94 144 127
131 Dearborn, MI 54.8 188 19
132 Savannah, GA 54.8 155 114
133 Jacksonville, FL 54.77 179 29
134 Worcester, MA 54.7 137 167
135 Lowell, MA 54.69 102 249
136 Springfield, MO 54.68 167 85
137 Boston, MA 54.66 92 267
138 Greeley, CO 54.65 130 190
139 Allentown, PA 54.5 164 117
140 Fresno, CA 54.38 152 149
141 Naperville, IL 54.36 178 64
142 West Covina, CA 54.34 121 221
143 Costa Mesa, CA 54.32 107 255
144 Clearwater, FL 54.21 184 51
145 El Paso, TX 54.16 182 55
146 Oklahoma City, OK 54.12 207 15
147 Bakersfield, CA 54.07 170 119
148 Virginia Beach, VA 54.05 185 61
149 Miramar, FL 54.03 181 87
150 Lakewood, CO 54.01 146 205
150 Livonia, MI 54.01 203 24
152 Santa Maria, CA 53.91 113 260
153 Wichita, KS 53.9 177 95
154 Fayetteville, NC 53.77 191 47
155 Warren, MI 53.76 180 88
156 Fullerton, CA 53.72 136 229
157 Sunrise, FL 53.68 196 72
158 Norwalk, CA 53.66 133 234
159 San Antonio, TX 53.66 198 48
160 Visalia, CA 53.6 200 37
161 Yakima, WA 53.55 166 178
162 Gresham, OR 53.55 154 208
163 San Mateo, CA 53.4 97 288
164 Tallahassee, FL 53.39 186 106
165 Torrance, CA 53.37 140 246
166 Hayward, CA 53.29 109 277
167 Cambridge, MA 53.16 145 242
168 Orange, CA 53.14 153 226
169 Plantation, FL 53.11 204 73
170 Westminster, CA 53.06 118 272
171 Lansing, MI 53.01 190 103
172 Providence, RI 52.98 167 209
173 Centennial, CO 52.92 192 136
174 Alexandria, VA 52.84 173 193
175 Greensboro, NC 52.82 194 108
176 Salinas, CA 52.73 115 284
177 Thousand Oaks, CA 52.67 158 243
178 Lexington, KY 52.66 187 162
179 Coral Springs, FL 52.61 216 74
180 Gainesville, FL 52.54 197 125
181 West Palm Beach, FL 52.51 211 62
182 Oxnard, CA 52.47 148 264
183 Riverside, CA 52.46 189 153
184 Downey, CA 52.2 163 253
185 Pomona, CA 52.19 157 262
186 Santa Barbara, CA 52.17 116 295
187 Modesto, CA 52.09 195 170
188 Norfolk, VA 52.09 199 157
189 Minneapolis, MN 52.06 202 159
190 Stamford, CT 52.03 174 231
191 Kansas City, MO 51.97 205 134
192 Burbank, CA 51.94 139 283
193 Indianapolis, IN 51.92 213 115
194 Boulder, CO 51.87 114 299
195 Daly City, CA 51.81 122 292
196 Pittsburgh, PA 51.64 212 137
197 Lynn, MA 51.58 171 259
198 Santa Monica, CA 51.55 142 286
199 Glendale, CA 51.51 123 297
200 El Monte, CA 51.43 131 294
201 Long Beach, CA 51.43 160 275
202 Ventura, CA 51.41 176 254
203 Santa Rosa, CA 51.41 175 256
204 Fairfield, CA 51.34 206 175
205 Pueblo, CO 51.3 215 163
206 Los Angeles, CA 51.25 143 290
207 Santa Clarita, CA 51.24 218 131
208 Cincinnati, OH 51.21 209 180
209 Kenosha, WI 51.15 217 146
210 Sandy Springs, GA 51.09 221 133
211 Memphis, TN 51.02 208 201
212 Pompano Beach, FL 51 223 112
213 South Gate, CA 50.99 165 281
214 Broken Arrow, OK 50.95 246 9
215 Simi Valley, CA 50.92 200 225
216 Aurora, IL 50.83 214 186
217 Albuquerque, NM 50.77 231 76
218 Rockford, IL 50.68 219 166
219 Newport News, VA 50.48 229 101
220 Fort Smith, AR 50.35 239 44
221 Inglewood, CA 50.28 161 296
222 Pasadena, CA 50.28 183 271
223 Boca Raton, FL 50.26 237 83
224 San Bernardino, CA 49.98 222 189
225 Victorville, CA 49.89 230 128
226 Richmond, CA 49.69 193 276
227 Vallejo, CA 49.69 220 215
228 Augusta, GA 49.65 238 120
229 Vacaville, CA 49.64 232 143
230 Tulsa, OK 49.63 245 46
231 Berkeley, CA 49.59 159 300
232 Amarillo, TX 49.57 250 30
233 Fall River, MA 49.27 210 266
234 Stockton, CA 48.8 235 198
235 St. Paul, MN 48.67 243 155
236 Rialto, CA 48.61 241 142
237 New Bedford, MA 48.32 226 251
238 New Haven, CT 48.28 233 232
239 Hampton, VA 48.11 254 100
240 Milwaukee, WI 48.08 236 230
241 Erie, PA 47.97 252 116
242 Carson, CA 47.82 242 203
243 Hollywood, FL 47.78 253 130
244 Albany, NY 47.71 244 194
245 Concord, CA 47.69 227 268
246 Akron, OH 47.68 249 171
247 Honolulu, HI 47.47 224 282
248 Elizabeth, NJ 47.41 234 265
249 Fort Lauderdale, FL 47.11 261 99
250 Chico, CA 46.89 255 168
251 Cedar Rapids, IA 46.81 266 91
252 Oakland, CA 46.48 225 293
253 San Francisco, CA 46.45 228 291
254 Anchorage, AK 46.43 271 69
255 Des Moines, IA 46.23 267 121
256 Detroit, MI 46.2 251 245
257 Antioch, CA 46.1 240 274
258 Roanoke, VA 46.09 269 124
259 Birmingham, AL 45.74 262 192
260 Waukegan, IL 45.65 259 222
261 Corpus Christi, TX 45.63 277 49
262 Flint, MI 45.4 260 218
263 Louisville, KY 45.34 270 156
264 Waterbury, CT 45.17 257 257
265 Palmdale, CA 45.17 265 213
266 Springfield, IL 45.1 275 98
267 Washington, DC 44.82 258 261
268 Brockton, MA 44.68 264 236
269 Tuscaloosa, AL 44.62 276 104
270 Hartford, CT 44.52 247 287
271 Bridgeport, CT 44.36 256 278
272 Joliet, IL 43.83 278 161
273 New York, NY 43.78 248 298
274 Columbus, GA 43.74 282 82
275 Little Rock, AR 43.73 281 118
276 Compton, CA 43.69 263 269
277 Springfield, MA 43.29 273 216
278 Toledo, OH 43.22 280 164
279 Yonkers, NY 43.18 274 228
280 Laredo, TX 42.68 287 21
281 Lancaster, CA 42.66 279 224
282 Newark, NJ 42.36 268 285
283 Dayton, OH 42.23 284 195
284 Elgin, IL 42.14 283 188
285 Paterson, NJ 41.34 272 289
286 Portsmouth, VA 41.33 288 129
287 Chicago, IL 41.16 285 214
288 Montgomery, AL 40.97 291 94
289 Mobile, AL 40.78 290 151
290 St. Louis, MO 40.47 289 210
291 Miami Beach, FL 40.23 286 239
292 Cleveland, OH 38.4 292 237
293 Davenport, IA 38.28 293 140
294 Philadelphia, PA 37.13 294 172
295 Peoria, IL 36.39 295 150
296 Jackson, MS 34.66 296 173
297 Baton Rouge, LA 34.56 297 141
298 Shreveport, LA 30.54 298 184
299 Baltimore, MD 29.12 299 247
300 New Orleans, LA 27.25 300 233