There's no better time than now to be a real estate agent in North Carolina. According to the latest U.S. Census report, the population in the state has grown at a faster rate than the national average — and some cities have seen a greater increase than others. In this article, we'll go over some of the fastest-growing cities in North Carolina. If you're thinking of getting your real estate license in the Old North State, these are the places that are "in" right now.
Population in 2010: 3,786
Population in 2020: 9,475
Population growth: 150%
Once a farming community, Rolesville is now a booming and growing city in the suburbs of Raleigh. Located in Wake County, under 20 miles away from the state capital, this is a town on the up and up.
Its proximity to a major metropolitan area and regular community events are some of the reasons this town is at the top of our list.
Population in 2010: 9,859
Population in 2020: 20,534
Population growth: 108%
Further south, the city of Waxhaw has also been growing. The median home price currently sits at $560K, which is a 40% increase compared to 2020 prices. On top of that, houses only stay on the market for a month.
One easy explanation for this unprecedented boom is the fact that Waxhaw is only 30 miles away from Charlotte, a doable commute for many.
Population in 2010: 17,937
Population in 2020: 34,152
Population growth: 90%
Fuquay-Varina is yet another suburb of Raleigh. It has a dozen schools catering to children and teens of all ages, as well as a community college nearby.
Population in 2010: 11,401
Population in 2020: 19,435
Population growth: 71%
Knightdale is a quick 20-minute ride away from Raleigh, which is a strong selling point for prospective homeowners. Plus, since the town has a suburban feeling and is close to nature, many families have chosen to relocate here.
All these perks come with a growing cost. Home prices have gone up 45% since 2020 and are now selling for around $500K. This doesn't mean there are fewer people living here — quite the opposite. Right now, homes sell in just 19 days, on average.
Population in 2010: 5,845
Population in 2020: 9,793
Population growth: 68%
Wendell isn't such a small town anymore. Thanks to its proximity to Raleigh (just 20 miles away), the town has been welcoming more and more families.
When you visit downtown Wendell, you can see how far it's come over the years. It's now more lively than ever, with restaurants and cafés, small and major stores, and well-kept historic buildings all around.
The booming town has a wide range of homes on the market right now. Costing anywhere from $65K to $7M, homes are available for every type of individual or family. In fact, home prices have gone up 43% since 2020.
How We Did Our Math
All the data in this article comes directly from the 2010 and 2020 U.S. Census Reports. For each town, we compared the population count throughout the decade. Then, we calculated the percentage of population growth and arranged it all into this list.
Some Interesting Trends in North Carolina
Here are some interesting recent trends in North Carolina:
Many of the fastest-growing towns in the state are suburbs of Raleigh.
The largest cities in the state also added new residents, but at a much slower pace.
The Myrtle Beach metropolitan area (partly in North Carolina) is one of the fastest-growing in the United States.
North Carolina Has Plenty to Offer New Real Estate Agents
Families and young adults from all over the United States are now considering calling the Old North State home. Needless to say, real estate agents have a lot to do right now. That's why getting a North Carolina real estate license is a great idea. Fortunately, with Aceable, you can complete the coursework online at your own pace. This way, you can easily work on this impressive career milestone while fitting it into your busy lifestyle.