Houses For Sale in Wilmington NC - Where Home Prices are Still Going Up

Now that the pandemic feels behind us, we can finally quantify its impact on the North Carolina real estate market. Housing prices began to surge in 2020, and on average, home values have increased by 40% since then.

In many areas, home prices have started to level off, and in some parts of the country, they are even dropping. However, in other areas, prices continue to rise.

A website called Stacker compiled a list of cities in North Carolina where home prices are still on the rise. They ranked the top 50 cities in the state by the dollar change in the Home Values Index for all homes over the past 12 months. Most of the towns where prices are still increasing, taking away leverage from buyers, are in the Charlotte or Raleigh metropolitan areas. Only three towns in the Cape Fear region made the list.

Here they are:

#36 ST JAMES

– Typical home value: $695,249
– 1-year price change: +$30,654 (+4.6%)
– 5-year price change: +$274,275 (+65.2%)
– Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC

#5. Holden Beach

– Typical home value: $898,035
– 1-year price change: +$59,215 (+7.1%)
– 5-year price change: +$427,427 (+90.8%)
– Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC

#3. Bald Head Island

– Typical home value: $1,342,402
– 1-year price change: +$71,056 (+5.6%)
– 5-year price change: +$584,334 (+77.1%)
– Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC