Home prices are growing fastest in North Carolina's coastal, mountain communities

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $350,091 in September, 2.1% higher than the year before.Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in North Carolina using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending September 2023. The charts in this story were created automatically using Matplotlib.

50. Boone

• Typical home value: $459,104- 1-year price change: +$18,184 (+4.1%)- 5-year price change: +$191,621 (+71.6%)- Metro area: Boone, NC

49. Hubert

• Typical home value: $257,400- 1-year price change: +$18,270 (+7.6%)- 5-year price change: +$100,742 (+64.3%)- Metro area: Jacksonville, NC

48. Lake Junaluska

• Typical home value: $446,376- 1-year price change: +$18,359 (+4.3%)- 5-year price change: +$192,082 (+75.5%)- Metro area: Asheville, NC

47. Pisgah Forest

• Typical home value: $420,515- 1-year price change: +$18,484 (+4.6%)- 5-year price change: +$178,510 (+73.8%)- Metro area: Brevard, NC

46. North Topsail Beach

• Typical home value: $513,057- 1-year price change: +$18,690 (+3.8%)- 5-year price change: +$252,824 (+97.2%)- Metro area: Jacksonville, NC

45. Whispering Pines

• Typical home value: $509,648- 1-year price change: +$18,706 (+3.8%)- 5-year price change: +$208,343 (+69.1%)- Metro area: Pinehurst-Southern Pines, NC

44. Black Mountain

• Typical home value: $452,396- 1-year price change: +$18,711 (+4.3%)- 5-year price change: +$173,315 (+62.1%)- Metro area: Asheville, NC

43. Leicester

• Typical home value: $410,251- 1-year price change: +$18,827 (+4.8%)- 5-year price change: +$153,322 (+59.7%)- Metro area: Asheville, NC

42. Rosman

• Typical home value: $324,579- 1-year price change: +$18,874 (+6.2%)- 5-year price change: +$131,971 (+68.5%)- Metro area: Brevard, NC

41. Neuse Forest

• Typical home value: $292,953- 1-year price change: +$19,002 (+6.9%)- 5-year price change: +$108,811 (+59.1%)- Metro area: New Bern, NC

40. Thurmond

• Typical home value: $250,734- 1-year price change: +$19,182 (+8.3%)- 5-year price change: +$111,286 (+79.8%)- Metro area: North Wilkesboro, NC

39. Minnesott Beach

• Typical home value: $338,435- 1-year price change: +$19,340 (+6.1%)- 5-year price change: +$116,086 (+52.2%)- Metro area: New Bern, NC

38. Mount Pleasant

• Typical home value: $353,552- 1-year price change: +$19,340 (+5.8%)- 5-year price change: +$153,073 (+76.4%)- Metro area: Charlotte-Concord-Gastonia, NC-SC

37. Penrose

• Typical home value: $371,265- 1-year price change: +$19,380 (+5.5%)- 5-year price change: +$170,781 (+85.2%)- Metro area: Brevard, NC

36. New Bern

• Typical home value: $263,275- 1-year price change: +$19,452 (+8.0%)- 5-year price change: +$103,191 (+64.5%)- Metro area: New Bern, NC

35. Kitty Hawk

• Typical home value: $617,151- 1-year price change: +$19,461 (+3.3%)- 5-year price change: +$260,252 (+72.9%)- Metro area: Kill Devil Hills, NC

34. Graham

• Typical home value: $256,906- 1-year price change: +$19,540 (+8.2%)- 5-year price change: +$114,202 (+80.0%)- Metro area: Burlington, NC

33. Bath

• Typical home value: $366,967- 1-year price change: +$20,266 (+5.8%)- 5-year price change: +$128,843 (+54.1%)- Metro area: Washington, NC

32. Point Harbor

• Typical home value: $436,152- 1-year price change: +$20,458 (+4.9%)- 5-year price change: +$192,904 (+79.3%)- Metro area: Virginia Beach-Norfolk-Newport News, VA-NC

31. Spruce Pine

• Typical home value: $242,736- 1-year price change: +$20,515 (+9.2%)- 5-year price change: +$106,097 (+77.6%)- Metro area: not in a metro area

30. Richlands

• Typical home value: $248,579- 1-year price change: +$20,588 (+9.0%)- 5-year price change: +$101,181 (+68.6%)- Metro area: Jacksonville, NC

29. Saint James

• Typical home value: $700,595- 1-year price change: +$20,603 (+3.0%)- 5-year price change: +$289,777 (+70.5%)- Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC-NC

28. Trent Woods

• Typical home value: $355,315- 1-year price change: +$20,683 (+6.2%)- 5-year price change: +$135,550 (+61.7%)- Metro area: New Bern, NC

27. Holly Ridge

• Typical home value: $328,676- 1-year price change: +$20,767 (+6.7%)- 5-year price change: +$140,629 (+74.8%)- Metro area: Jacksonville, NC

26. Aberdeen

• Typical home value: $316,601- 1-year price change: +$20,844 (+7.0%)- 5-year price change: +$131,799 (+71.3%)- Metro area: Pinehurst-Southern Pines, NC

25. Chapel Hill

• Typical home value: $602,220- 1-year price change: +$20,866 (+3.6%)- 5-year price change: +$218,318 (+56.9%)- Metro area: Durham-Chapel Hill, NC

24. Southern Pines

• Typical home value: $461,365- 1-year price change: +$20,867 (+4.7%)- 5-year price change: +$182,555 (+65.5%)- Metro area: Pinehurst-Southern Pines, NC

23. Denton

• Typical home value: $240,186- 1-year price change: +$21,731 (+9.9%)- 5-year price change: +$95,405 (+65.9%)- Metro area: Winston-Salem, NC

22. Brevard

• Typical home value: $431,581- 1-year price change: +$21,863 (+5.3%)- 5-year price change: +$187,481 (+76.8%)- Metro area: Brevard, NC

21. Horse Shoe

• Typical home value: $482,069- 1-year price change: +$21,998 (+4.8%)- 5-year price change: +$180,649 (+59.9%)- Metro area: Asheville, NC

20. Havelock

• Typical home value: $215,120- 1-year price change: +$22,401 (+11.6%)- 5-year price change: +$83,697 (+63.7%)- Metro area: New Bern, NC

19. Raeford

• Typical home value: $258,777- 1-year price change: +$22,474 (+9.5%)- 5-year price change: +$98,453 (+61.4%)- Metro area: Fayetteville, NC

18. Oriental

• Typical home value: $393,622- 1-year price change: +$22,679 (+6.1%)- 5-year price change: +$145,213 (+58.5%)- Metro area: New Bern, NC

17. Bogue

• Typical home value: $361,524- 1-year price change: +$22,932 (+6.8%)- 5-year price change: +$136,279 (+60.5%)- Metro area: Morehead City, NC

16. River Bend

• Typical home value: $266,868- 1-year price change: +$23,244 (+9.5%)- 5-year price change: +$107,337 (+67.3%)- Metro area: New Bern, NC

15. Cape Carteret

• Typical home value: $425,861- 1-year price change: +$23,469 (+5.8%)- 5-year price change: +$159,330 (+59.8%)- Metro area: Morehead City, NC

14. Macon

• Typical home value: $347,711- 1-year price change: +$23,479 (+7.2%)- 5-year price change: +$144,939 (+71.5%)- Metro area: not in a metro area

13. Wilmington

• Typical home value: $391,137- 1-year price change: +$23,858 (+6.5%)- 5-year price change: +$155,800 (+66.2%)- Metro area: Wilmington, NC

12. Carrboro

• Typical home value: $434,322- 1-year price change: +$23,874 (+5.8%)- 5-year price change: +$155,911 (+56.0%)- Metro area: Durham-Chapel Hill, NC

11. Morehead City

• Typical home value: $385,324- 1-year price change: +$24,720 (+6.9%)- 5-year price change: +$149,803 (+63.6%)- Metro area: Morehead City, NC

10. Castle Hayne

• Typical home value: $325,978- 1-year price change: +$25,088 (+8.3%)- 5-year price change: +$133,491 (+69.4%)- Metro area: Wilmington, NC

9. Moncure

• Typical home value: $401,971- 1-year price change: +$25,141 (+6.7%)- 5-year price change: +$163,373 (+68.5%)- Metro area: Durham-Chapel Hill, NC

8. Lake Toxaway

• Typical home value: $683,049- 1-year price change: +$26,214 (+4.0%)- 5-year price change: +$291,403 (+74.4%)- Metro area: Brevard, NC

7. Cedar Point

• Typical home value: $466,251- 1-year price change: +$26,237 (+6.0%)- 5-year price change: +$174,645 (+59.9%)- Metro area: Morehead City, NC

6. Bent Creek

• Typical home value: $489,793- 1-year price change: +$26,425 (+5.7%)- 5-year price change: +$182,702 (+59.5%)- Metro area: Asheville, NC

5. Fairview

• Typical home value: $511,526- 1-year price change: +$27,739 (+5.7%)- 5-year price change: +$191,822 (+60.0%)- Metro area: Asheville, NC

4. Southern Shores

• Typical home value: $785,129- 1-year price change: +$28,051 (+3.7%)- 5-year price change: +$335,089 (+74.5%)- Metro area: Kill Devil Hills, NC

3. Emerald Isle

• Typical home value: $712,675- 1-year price change: +$28,075 (+4.1%)- 5-year price change: +$301,958 (+73.5%)- Metro area: Morehead City, NC

2. Swansboro

• Typical home value: $332,203- 1-year price change: +$30,142 (+10.0%)- 5-year price change: +$136,930 (+70.1%)- Metro area: Jacksonville, NC

1. Biltmore Forest

• Typical home value: $1,504,403- 1-year price change: +$46,738 (+3.2%)- 5-year price change: +$561,807 (+59.6%)- Metro area: Asheville, NC

This story features data reporting and writing by Elena Cox, and is part of a series utilizing data automation across 50 states.