Charlotte falls from No. 1 on Zillow list of hottest housing markets

Home Sales in Charlotte A slump in Charlotte’s housing market persisted in November. (GETTY IMAGES (FLOWERSANDCLASSICALMUSIC))

By Charlotte Business Journal

CHARLOTTE — Zillow (NASDAQ: ZG) no longer considers Charlotte to be the nation’s hottest housing market, but its outlook for the local metro still looks favorable.

[ Zillow says Charlotte housing market will be nation’s hottest for 2023 ]

Zillow Group Inc. today released its list of the hottest housing markets for 2024, which ranks the nation’s 50 largest metro areas. Charlotte snagged a spot at No. 7.

While still in the top 10, Charlotte fell from No. 1 in Zillow’s 2023 ranking. It had earned the top spot due to growth projections for both home values and homeowner households.

Read more here.

VIDEO: ‘It is scary’: Scammer lists Concord man’s house for sale on Zillow

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