With home values up 5.2% from last year but affordability dropping as mortgage rates get higher, the personal-finance website WalletHub today released its report on 2019’s Best Real-Estate Markets.
To determine the most attractive real-estate markets in the U.S., WalletHub compared 300 cities across 23 key metrics. The data set ranges from median home-price appreciation to home sales turnover rate to job growth.
Charlotte ranked 22nd overall and 5th among large cities.
Health of Charlotte’s Real-Estate Market (1=Best; 150=Avg.):
- 144th – % of Homes with Negative Equity
- 87th – Avg. Days Until Sale
- 20th – Job Growth Rate
- 153rd – % of Delinquent Mortgage Holders
- 74th – Home Price as % of Income
- 22nd – Population Growth Rate
Overall Ranking by City Size
| Overall Rank (1 = Best) | Large Cities | Overall Rank (1 = Best) | Midsize Cities | Overall Rank (1 = Best) | Small Cities |
|---|---|---|---|---|---|
| 1 | Austin, TX (68.47) |
1 | Boise, ID (73.68) |
1 | Denton, TX (70.51) |
| 2 | Fort Worth, TX (68.23) |
2 | Frisco, TX (72.44) |
2 | Carrollton, TX (70.02) |
| 3 | Aurora, CO (67.11) |
3 | Overland Park, KS (71.69) |
3 | Allen, TX (69.52) |
| 4 | Denver, CO (66.80) |
4 | Cary, NC (71.07) |
4 | Murfreesboro, TN (69.19) |
| 5 | Charlotte, NC (66.60) |
5 | McKinney, TX (70.23) |
5 | Thornton, CO (67.58) |
| 6 | Nashville, TN (66.45) |
6 | Durham, NC (69.67) |
6 | Spokane Valley, WA (67.12) |
| 7 | Lexington, KY (66.31) |
7 | Fort Wayne, IN (69.51) |
7 | Wilmington, NC (66.83) |
| 8 | Colorado Springs, CO (66.28) |
8 | Gilbert, AZ (67.99) |
8 | Greeley, CO (66.80) |
| 9 | Seattle, WA (65.84) |
9 | Grand Rapids, MI (67.88) |
9 | Hillsboro, OR (66.42) |
| 10 | Raleigh, NC (64.61) |
10 | Laredo, TX (65.29) |
10 | Richardson, TX (66.32) |
| 11 | Atlanta, GA (64.25) |
11 | Fort Collins, CO (65.04) |
11 | Chico, CA (66.20) |
| 12 | Minneapolis, MN (64.01) |
12 | Grand Prairie, TX (64.80) |
12 | Bellevue, WA (65.69) |
| 13 | Omaha, NE (62.68) |
13 | Irving, TX (64.03) |
13 | Tuscaloosa, AL (65.38) |
| 14 | Arlington, TX (62.13) |
14 | Salem, OR (64.02) |
14 | Arvada, CO (65.18) |
| 15 | San Francisco, CA (60.97) |
15 | Chesapeake, VA (63.66) |
15 | Roseville, CA (65.00) |
| 16 | Louisville, KY (60.94) |
16 | Vancouver, WA (63.60) |
16 | Renton, WA (63.91) |
| 17 | Columbus, OH (60.94) |
17 | Reno, NV (63.50) |
17 | Sterling Heights, MI (63.87) |
| 18 | Oakland, CA (60.67) |
18 | Irvine, CA (63.37) |
18 | Longmont, CO (63.25) |
| 19 | St. Paul, MN (60.31) |
19 | Eugene, OR (63.21) |
19 | Clovis, CA (63.22) |
| 20 | San Jose, CA (60.30) |
20 | Henderson, NV (63.15) |
20 | Everett, WA (63.06) |
| 21 | Sacramento, CA (60.28) |
21 | Huntsville, AL (62.86) |
21 | Athens-Clarke, GA (62.76) |
| 22 | Wichita, KS (59.91) |
22 | Madison, WI (62.81) |
22 | North Charleston, SC (62.65) |
| 23 | Mesa, AZ (59.91) |
23 | Elk Grove, CA (62.77) |
23 | Santa Clara, CA (62.11) |
| 24 | Dallas, TX (58.42) |
24 | Chandler, AZ (61.84) |
24 | Vacaville, CA (62.03) |
| 25 | Portland, OR (58.40) |
25 | Spokane, WA (61.65) |
25 | Ann Arbor, MI (61.97) |
| 26 | Phoenix, AZ (57.81) |
26 | Lakewood, CO (61.58) |
26 | Centennial, CO (61.78) |
| 27 | San Antonio, TX (57.76) |
27 | Tempe, AZ (61.35) |
27 | Westminster, CO (61.45) |
| 28 | Kansas City, MO (57.52) |
28 | Sunnyvale, CA (61.24) |
28 | Pueblo, CO (61.38) |
| 29 | Oklahoma City, OK (57.34) |
29 | Plano, TX (61.05) |
29 | Yakima, WA (61.31) |
| 30 | Santa Ana, CA (56.96) |
30 | Winston-Salem, NC (60.97) |
30 | Lansing, MI (61.29) |
| 31 | El Paso, TX (56.69) |
31 | Fremont, CA (60.77) |
31 | Fairfield, CA (61.20) |
| 32 | Houston, TX (56.53) |
32 | Hayward, CA (60.55) |
32 | Beaverton, OR (61.00) |
| 33 | Las Vegas, NV (56.53) |
33 | Tacoma, WA (60.46) |
33 | Livonia, MI (60.94) |
| 34 | Memphis, TN (56.41) |
34 | Lincoln, NE (60.27) |
34 | Roswell, GA (60.90) |
| 35 | Stockton, CA (56.39) |
35 | Port St. Lucie, FL (59.93) |
35 | Charleston, SC (60.73) |
| 36 | Boston, MA (56.16) |
36 | Peoria, AZ (59.89) |
36 | Manchester, NH (60.62) |
| 37 | San Diego, CA (55.72) |
37 | Alexandria, VA (59.38) |
37 | Kenosha, WI (60.22) |
| 38 | Indianapolis, IN (55.71) |
38 | Ontario, CA (59.30) |
38 | Kent, WA (60.17) |
| 39 | Fresno, CA (55.52) |
39 | North Las Vegas, NV (59.24) |
39 | Davie, FL (59.82) |
| 40 | Riverside, CA (55.43) |
40 | Orlando, FL (59.12) |
40 | High Point, NC (59.24) |
| 41 | Tampa, FL (55.13) |
41 | Santa Clarita, CA (58.86) |
41 | Federal Way, WA (59.23) |
| 42 | Bakersfield, CA (54.98) |
42 | Moreno Valley, CA (58.41) |
42 | Surprise, AZ (59.21) |
| 43 | Anaheim, CA (54.83) |
43 | Garland, TX (58.28) |
43 | Richmond, CA (59.19) |
| 44 | Honolulu, HI (54.68) |
44 | Fontana, CA (58.26) |
44 | Gresham, OR (58.91) |
| 45 | Jacksonville, FL (54.13) |
45 | Santa Rosa, CA (58.26) |
45 | Santa Monica, CA (58.88) |
| 46 | Corpus Christi, TX (54.10) |
46 | Rancho Cucamonga, CA (57.64) |
46 | Warren, MI (58.55) |
| 47 | Virginia Beach, VA (53.94) |
47 | Corona, CA (57.30) |
47 | Temecula, CA (58.54) |
| 48 | Milwaukee, WI (53.90) |
48 | Greensboro, NC (57.27) |
48 | Vallejo, CA (58.21) |
| 49 | Tucson, AZ (53.67) |
49 | Modesto, CA (57.19) |
49 | Daly City, CA (58.16) |
| 50 | Pittsburgh, PA (53.48) |
50 | Pembroke Pines, FL (57.13) |
50 | Norman, OK (57.97) |
| 51 | Washington, DC (53.42) |
51 | Knoxville, TN (57.12) |
51 | Green Bay, WI (57.85) |
| 52 | Los Angeles, CA (52.69) |
52 | Richmond, VA (57.09) |
52 | Antioch, CA (57.83) |
| 53 | Long Beach, CA (51.99) |
53 | Springfield, MO (56.70) |
53 | Sandy Springs, GA (57.61) |
| 54 | Albuquerque, NM (51.32) |
54 | Cincinnati, OH (56.28) |
54 | Murrieta, CA (57.44) |
| 55 | New Orleans, LA (51.20) |
55 | Des Moines, IA (55.99) |
55 | Victorville, CA (57.24) |
| 56 | New York, NY (47.60) |
56 | Scottsdale, AZ (55.91) |
56 | Boulder, CO (57.23) |
| 57 | Tulsa, OK (47.50) |
57 | Cape Coral, FL (55.88) |
57 | Cambridge, MA (57.13) |
| 58 | St. Louis, MO (47.26) |
58 | Amarillo, TX (55.73) |
58 | Gainesville, FL (56.96) |
| 59 | Philadelphia, PA (46.93) |
59 | Glendale, AZ (55.72) |
59 | San Mateo, CA (56.83) |
| 60 | Miami, FL (46.36) |
60 | Chula Vista, CA (55.69) |
60 | Vista, CA (56.72) |
| 61 | Chicago, IL (45.58) |
61 | Columbus, GA (55.11) |
61 | Concord, CA (56.66) |
| 62 | Cleveland, OH (44.12) |
62 | Escondido, CA (55.08) |
62 | Naperville, IL (56.37) |
| 63 | Baltimore, MD (42.24) |
63 | Salinas, CA (55.05) |
63 | Visalia, CA (56.23) |
| 64 | Detroit, MI (33.81) |
64 | Oxnard, CA (54.89) |
64 | Fort Smith, AR (56.00) |
| 65 | Oceanside, CA (54.67) |
65 | Plantation, FL (55.78) |
||
| 66 | Glendale, CA (54.27) |
66 | Savannah, GA (55.72) |
||
| 67 | Salt Lake City, UT (54.23) |
67 | Ventura, CA (55.58) |
||
| 68 | Garden Grove, CA (53.95) |
68 | Cedar Rapids, IA (55.52) |
||
| 69 | Akron, OH (53.61) |
69 | Westminster, CA (55.49) |
||
| 70 | Pomona, CA (53.59) |
70 | Palm Bay, FL (55.37) |
||
| 71 | Augusta, GA (53.46) |
71 | Mesquite, TX (55.36) |
||
| 72 | San Bernardino, CA (53.37) |
72 | Carlsbad, CA (55.25) |
||
| 73 | Huntington Beach, CA (53.36) |
73 | Roanoke, VA (55.19) |
||
| 74 | Norfolk, VA (53.21) |
74 | Lowell, MA (55.13) |
||
| 75 | Anchorage, AK (52.75) |
75 | Carson, CA (54.93) |
||
| 76 | St. Petersburg, FL (52.43) |
76 | Yuma, AZ (54.84) |
||
| 77 | Tallahassee, FL (52.38) |
77 | Sunrise, FL (54.69) |
||
| 78 | Hialeah, FL (51.90) |
78 | Miramar, FL (54.67) |
||
| 79 | Lancaster, CA (51.48) |
79 | Orange, CA (54.51) |
||
| 80 | Worcester, MA (51.38) |
80 | Rialto, CA (54.49) |
||
| 81 | Providence, RI (51.04) |
81 | Quincy, MA (54.15) |
||
| 82 | Palmdale, CA (51.00) |
82 | Santa Maria, CA (54.11) |
||
| 83 | Little Rock, AR (50.75) |
83 | Broken Arrow, OK (53.91) |
||
| 84 | Aurora, IL (50.68) |
84 | Davenport, IA (53.90) |
||
| 85 | Newport News, VA (50.44) |
85 | Lakeland, FL (53.85) |
||
| 86 | Springfield, MA (50.34) |
86 | Simi Valley, CA (53.77) |
||
| 87 | Rochester, NY (50.13) |
87 | Lynn, MA (53.13) |
||
| 88 | Montgomery, AL (49.80) |
88 | Burbank, CA (53.07) |
||
| 89 | Jersey City, NJ (49.50) |
89 | Allentown, PA (52.99) |
||
| 90 | Toledo, OH (48.26) |
90 | Fullerton, CA (52.62) |
||
| 91 | Buffalo, NY (47.45) |
91 | Hampton, VA (52.61) |
||
| 92 | Fayetteville, NC (46.98) |
92 | Coral Springs, FL (52.54) |
||
| 93 | Baton Rouge, LA (46.75) |
93 | Pasadena, CA (52.53) |
||
| 94 | Shreveport, LA (46.49) |
94 | Thousand Oaks, CA (52.35) |
||
| 95 | Yonkers, NY (46.09) |
95 | Norwalk, CA (52.13) |
||
| 96 | Mobile, AL (46.08) |
96 | Miami Gardens, FL (52.11) |
||
| 97 | Fort Lauderdale, FL (45.99) |
97 | Elgin, IL (52.08) |
||
| 98 | Birmingham, AL (42.83) |
98 | Torrance, CA (52.03) |
||
| 99 | Jackson, MS (40.88) |
99 | Berkeley, CA (51.98) |
||
| 100 | Newark, NJ (33.31) |
100 | Costa Mesa, CA (51.79) |
||
| 101 | Clearwater, FL (51.76) |
||||
| 102 | West Covina, CA (51.67) |
||||
| 103 | Mission Viejo, CA (51.63) |
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| 104 | Waukegan, IL (51.50) |
||||
| 105 | South Gate, CA (51.35) |
||||
| 106 | New Haven, CT (50.93) |
||||
| 107 | Dearborn, MI (50.43) |
||||
| 108 | Boca Raton, FL (50.37) |
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| 109 | Compton, CA (50.36) |
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| 110 | Inglewood, CA (50.25) |
||||
| 111 | Springfield, IL (50.14) |
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| 112 | Erie, PA (49.98) |
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| 113 | Downey, CA (49.86) |
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| 114 | El Monte, CA (49.75) |
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| 115 | El Cajon, CA (49.63) |
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| 116 | Hollywood, FL (49.27) |
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| 117 | Pompano Beach, FL (49.11) |
||||
| 118 | Stamford, CT (49.10) |
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| 119 | Brockton, MA (48.73) |
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| 120 | Santa Barbara, CA (48.43) |
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| 121 | Joliet, IL (48.42) |
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| 122 | Portsmouth, VA (47.58) |
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| 123 | West Palm Beach, FL (47.30) |
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| 124 | New Bedford, MA (46.22) |
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| 125 | Albany, NY (46.02) |
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| 126 | Waterbury, CT (45.85) |
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| 127 | Rockford, IL (45.18) |
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| 128 | Fall River, MA (45.11) |
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| 129 | Bridgeport, CT (44.80) |
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| 130 | Hartford, CT (44.63) |
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| 131 | Flint, MI (43.25) |
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| 132 | Paterson, NJ (43.24) |
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| 133 | Peoria, IL (41.89) |
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| 134 | Elizabeth, NJ (40.18) |
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| 135 | Miami Beach, FL (39.46) |
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| 136 | Dayton, OH (38.76) |