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Real Estate Relocation Guide To North Carolina

Relocating from Chicago to North Carolina is a major move. You’re crossing state lines and heading 750 miles to find a new home in a different community. By familiarizing yourself with the local real estate market, whether your destination is Charlotte or Raleigh you can get a good idea of the North Carolina landscape and locate the best area for you and your family.

We’ll start with the big picture… North Carolina has an estimated population of 8.8 million* and around 48,700 square miles of land. The total number of housing units is 4,026,558, of which about 2.3 million are owner-occupied and 1.1 million are inhabited by renters. Roughly 572,500, or 14.2 percent, of the residences in the state are vacant. The median home value in North Carolina is $137,200 and the median household income is $42,625. For an idea of how this sizes up with national averages – the median home value in the U.S. is $185,200 and the median household income is $48,451.

Statewide figures provide a good overview of North Carolina, but when you’re planning to relocate to the region, knowing what types of housing are available is the most important thing. So here’s a breakdown of what North Carolina real estate has to offer…

About 80,000 homes in North Carolina are new construction, developed in 2005 or after (another 487,600 were put up between 2000 and 2004). North Carolina has its share of vintage charm as well with 266,000 residences built prior to 1940. The total number of detached, single-family houses across the state is 2.6 million, and there’s also a good selection of multi-unit residences and condos. Most homes have 2 bedrooms, but size varies greatly depending on where you look. And, in case you’re wondering about how your budget will pan out in The Tar Heel State, monthly mortgage costs in [Alabama] generally hover between $500 and 2,000+.

Relocation Resources

Bald Head Island Real Estate
Homes, Homesites, Condos, Villas, Timeshares, and Investment Property on Bald Head Island, North Carolina (NC).
Find Holden Beach Real Estate and Homes Here - Beth Suggs
Visit this site to find the home of your dreams. Also check out interest rates and apply online for a loan. Also servicing Ocean Isle, Sunset Beach, and Brunswick County.
Charlotte Apartments & Rentals - North Carolina
Search for apartments, condos, town homes or lofts to rent in Charlotte, North Carolina.
Grey Beard Realty
Asheville NC, Black Mountains,
Hendersonville Real Estate, South Ashville Real Estate, Flat Rock Real Estate - David Alperin
Check out hot new homes for sale in Hendersonville, South Ashville, Flat Rock, Laurel Park, Mills River, and Henderson County. Find community links, school info, or search for your dream home.
Holden Beach NC Real Estate
Search MLS Property Listings on Holden Beach, NC and Brunswick County, NC.

*All statistics are from the 2006 American Community Survey as shown on the U.S. Census Bureau website.
Sources: and

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