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Greatest cities to purchase a home: Cary, Durham, Raleigh, Charlotte

Posted on 31/08/2022

Cary, the third largest metropolis within the Triangle, was named a top-10 actual property market within the US in a latest WalletHub report.

Raleigh, Durham and Charlotte had been all within the prime 25.

WalletHub is a private finance web site that gives credit score experiences, credit score scores and critiques for monetary advisors.

This is extra concerning the WalletHub rankings.

Cary, Raleigh, Charlotte: Greatest locations to purchase a home

Cary was named the sixth-best spot to purchase a home in america, the WalletHub report says.

Durham got here in at #12, then Raleigh at #24 and Charlotte at #25.

Durham additionally has the bottom upkeep prices as a share of revenue, the report discovered.

Methodology: To provide you with these findings, WalletHub in contrast 300 cities in two classes: Actual Property Market, and Affordability and Financial Surroundings.

Knowledge analyzed got here from the US Census Bureau, Bureau of Labor Statistics, Council for Group and Financial Analysis, Zillow, TransUnion, Chmura Economics & Analytics, The Nationwide Affiliation of Realtors, ATTOM Knowledge Options and WalletHub analysis.

For the total report and its methodology, go to wallethub.com.

NC cities named finest massive, midsize cities to purchase homes

Many NC cities had been among the many finest spots within the nation to purchase homes of their respective markets, the WalletHub report says.

This is how these cities ranked on lists of enormous cities (greater than 300,000 residents), midsize cities (150,000 to 300,000 residents) and small cities (below 150,000 residents).

How NC cities fared in WalletHub’s massive metropolis rankings:

How NC cities fared in WalletHub’s midsize metropolis rankings:

  • #3: Cary

  • #6: Durham

  • #53: Greensboro

  • #71: Winston-Salem

  • #84: Fayetteville

How NC cities fared in WalletHub’s small metropolis rankings:

  • #29: Wilmington

  • #53: Excessive Level

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Kimberly Cataudella (she/her) is a service journalism reporter for The Information & Observer.

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