Charlotte, or the "Queen City," as it's commonly referred to, is the largest city in North Carolina with a population of 680,345. According to the Census Bureau, Charlotte was the 10th fastest growing city in the U.S. last year, considering percent of population growth between 2013 and 2014. The median age for homeowners in Charlotte is just 31 years old, far less than the 45-year-old average in the United States. Comparatively, the median age of residents in Charlotte is 35, so it seems as though young residents take advantage of inexpensive real estateand invest early in Charlotte, more so than the general population.
In 2015, the average list price in Charlotte was $299,660, which is an 18.33 percent increase from 2014, when the average list price was $253,231. The price per square foot difference between 2014 and 2015 jumped 15.52 percent as well, from $116 to $134. Charlotte has more to offer than affordable housing prices. NASCAR is tremendously popular in Charlotte, attracting racing fans from all over the nation for major events. The Queen City is home to the NASCAR Hall of Fame which celebrates American auto racing history. In addition, Trulia ranks Charlotte a 5 out of 6 for arts, nightlife, restaurants, and active lifestyles.