Where is the hottest real estate market in North Carolina 2022?

There are many reasons why this country is becoming more and more popular. There is a moderately growing population, many companies open offices there and you can enjoy favorable weather conditions throughout the year.
According to the statistics, this is the fastest growing place in the US in recent years. Also, we must mention that this area is very attractive due to beautiful landscapes and many different activities available. Besides that, the average prices of buying and renting are lower than average.
All these are factors that affect the real estate market in this place. The average value of a house increased by almost 15%. The number of properties sold also increased by more than 10% when we compare it to last year.
If you are interested in buying a home or condo in North Carolina, there are a few things to consider first, such as why you are investing, whether you plan to live there or rent, and which part of the state is best for those who want to resell the home at a certain moment. Here are the best options in 2022.

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The average price of a home in this city is around $450,000. Also, the important detail is that the estimate is over 25%. The average income in this field is almost $80,000. Rent is lower than many other areas, hovering around $1,200 per month. Moreover, this city is very popular among tourists, with millions of them visiting this place every year.
For example, there were almost 16 million of them in 2021. This also represents an important detail for those who are interested in buying a house or apartment to rent later. Enjoying many entertaining events is guaranteed in this city as there are many sporting events, music concerts and more. Besides, the city is surrounded by beautiful nature with many parks.

Topsail Beach

One of the main reasons why this could be the perfect option for you is the fact that you can buy an ocean view home at an incredibly low price compared to many other locations. There are several larger cities nearby, such as Jacksonville and Wimington. It has perfect weather all year round, and the winter is not harsh.
It is common for the average daily temperature in January to be above 10 degrees Celsius. You can enjoy various water activities from May to October. This place is very popular for surfing, fishing and diving. If you are interested in purchasing a property here, the most important thing is to check more details about Topsail Beach real estate.

Jacksonville

This is the most popular option in this country in recent years, and for a reason. First, the average price of homes is under $250,000. Also, you can expect an annual increase in value of over 20%. It is perfect for those looking to get a mortgage as well because of a very close mortgage to rent ratio of over 80%.
Although it is a small city with less than 100,000 people, it attracts many tourists due to various events that are organized there all the time. The majority of the population are people in their 20s, and this is because many students attend Carolina College.

dirham

Those looking to buy a home so they can rent it out later should check out the homes available in Durham as this city is becoming more popular and offers some excellent conditions for this type of investment. The average price of a home is around $430,000 right now. However, things are changing rapidly in this city due to the plan to increase the population by over 200,000 people in the next 20 to 30 years.
Also, renting is very popular because there is Duke University, and it becomes more attractive for tourists as well. All these improvements lead to higher investments in infrastructure and new businesses, which will make it even more interesting for people to start living there. Therefore, now may be the best time to buy property in Durham.

Burlington

If you are looking for a cheaper place to buy a home, this may be the best option as the average price is only around $270,000. Also, there is an excellent mortgage-to-rent ratio. The average rent is just over $800 per month, while the monthly mortgage payment is $1,200. The evaluation level is also at a decent level with almost 30%.
We can observe a constant increase of the population of over 6% per year. Also, there is expected to be an increase of over 15% in the population in the city center area. All these indicators show us that this city is perfect for those who want to buy and then sell the house for a higher value after some time.

Winston-Salem

It is also a cheap area to invest in property with an average home value of under $250,000. There are two major universities nearby, and more than 10,000 students live here. This represents an excellent option for those looking to rent.
The population is growing rapidly, and in the last 10 years there has been an increase of 10%. The great thing is that although there is an increase in the population of this place, the prices are not increasing like in other countries.

last words
The crucial part before investing in real estate is to learn more about various factors and never rush your decision. If you have no experience, the best solution is to hire a good real estate agent to help you find the type of real estate that suits your preferences.