The demand for homes is still really high in the Triangle area and across a big chunk of North Carolina. But what's catching a lot of attention nationally is how the coastal areas of the state are becoming some of the hottest places for real estate, according to an article in the digital edition of the Triangle Business Journal on Aug 9, 2023, titled “North Carolina Coast Sees Big Gains Among Nations Hottest Housing Markets.”
A study done by the Triangle Business Journal looked at how home prices are changing in different ZIP codes where the typical home is worth at least $250,000 and where at least 5,000 people live. They found that some of the most exciting real estate action is happening in places that are popular for tourists or where people like to have second homes.
It's interesting to note that three out of the top five places with the most active real estate markets in North Carolina are right along the coastline. The other two places in the top five are also famous tourist spots.
At the very top of these exciting markets is Holly Ridge. It's a small town between Wilmington and Jacksonville in Onslow County. Even though it's not right on the beach, it's really close to popular spots like Topsail Beach and Surf City. The average value of homes there has gone up by almost 100% in just five years! It used to be around $260,000 and now it's over $500,000.
On a national scale, Holly Ridge came in 10th place among all the ZIP codes with the most action in the real estate market. And two more coastal places from North Carolina, Oak Island (12th place) and Carolina Beach (18th place), also made it to the list along with famous spots like Vail in Colorado, Miami and Palm Beach in Florida, and Jackson in Wyoming.
The other two places in the top five in North Carolina are Southern Pines and Boone. Southern Pines is known for golf and retirement, and Boone is up in the mountains and attracts lots of tourists every year.
Whether you’re looking to buy or sell in Onslow or Carteret County, in the greater Triangle area, or Durham-Chapel Hill, at Carl Johnson Real Estate, we walk you through all the details of each and every purchase or sale and always protect your best interests. Give us a call at Carl Johnson Real Estate to learn more about how we will help you achieve your real estate goals. Call us TODAY 919-880-0904.
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