In the U.S., limited supply and rising demand have pushed home prices up nearly 4% in 2024, with coastal areas seeing even steeper increases.
Despite a nationwide housing shortage, home prices in several North Carolina coastal markets have not kept pace with trends observed in other coastal regions.
The state of North Carolina has experienced a median home price increase of 4.6% in 2024, indicating specific regional differences within coastal housing markets.
Overall, coastal areas—despite having only 8% of the nation's counties—house nearly 30% of the U.S. population, further driving demand for these locations.
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