Charlotte Ranked 2019’s 5th Best Large Real-Estate Market

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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)
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)
109 Compton, CA
(50.36)
110 Inglewood, CA
(50.25)
111 Springfield, IL
(50.14)
112 Erie, PA
(49.98)
113 Downey, CA
(49.86)
114 El Monte, CA
(49.75)
115 El Cajon, CA
(49.63)
116 Hollywood, FL
(49.27)
117 Pompano Beach, FL
(49.11)
118 Stamford, CT
(49.10)
119 Brockton, MA
(48.73)
120 Santa Barbara, CA
(48.43)
121 Joliet, IL
(48.42)
122 Portsmouth, VA
(47.58)
123 West Palm Beach, FL
(47.30)
124 New Bedford, MA
(46.22)
125 Albany, NY
(46.02)
126 Waterbury, CT
(45.85)
127 Rockford, IL
(45.18)
128 Fall River, MA
(45.11)
129 Bridgeport, CT
(44.80)
130 Hartford, CT
(44.63)
131 Flint, MI
(43.25)
132 Paterson, NJ
(43.24)
133 Peoria, IL
(41.89)
134 Elizabeth, NJ
(40.18)
135 Miami Beach, FL
(39.46)
136 Dayton, OH
(38.76)

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