Zillow Predicts the Hottest Real Estate Markets in 2024

If you've been keeping an eye on the real estate industry, you probably know that Zillow releases an annual list of their predictions for the hottest housing markets. In 2023, the spotlight was on Charlotte, as Zillow crowned it the number one hottest market in the nation.

Fast forward to 2024, and the landscape has shifted. Charlotte has gracefully slid down the ranks to claim the #7 spot with an expected 1.2% growth. Last year, Charlotte stole the show with its booming job market, affordable living, and a dash of southern charm. But this year, the competition is fierce, and other cities have stepped up their game. While Charlotte's housing market remains sizzling, it seems some other contenders have turned up the heat.

Don't be disheartened, though! Being #7 on the list still means Charlotte is a hotbed for real estate opportunities. The city's vibrant culture, excellent schools, and robust economy continue to attract both homebuyers and investors alike.

So, whether you're a local keeping tabs on your city's housing industry or an outsider eyeing a potential move, Charlotte remains a top contender in the real estate arena. Who knows what twists and turns lie ahead for the Queen City? One thing's for sure – the real estate drama is far from over!

To read Zillow’s full list of hottest markets in 2024, click here.