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Southwest Wake News

Holly Springs tops list of best places in NC to buy a home

From staff reports

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March 12, 2014 12:14 PM

Four western Wake County towns ranked in the top-10 list of best places in North Carolina to buy a home, according to NerdWallet.

Holly Springs topped the list. The town has a home ownership rate of 88.1 percent, and homeowner costs make up 22.4 percent of household income.

The median home value in Holly Springs is $236,700.

Fuquay-Varina ranked third, with a home ownership rate of 74.6 percent. Homeowner costs make up 29 percent of household income, and the median home value is $192,700

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Apex was sixth, with a home ownership rate of 75.2 percent. Homeowner costs make up 23 percent of household income, and the median home value is $258,500.

Morrisville was eighth, with a home ownership rate of 48.8 percent. Homeowner costs make up 27.8 percent of household income, and the median home value is $266,600.

Meanwhile, Cary ranked 14th on the list, which evaluated 59 municipalities in North Carolina with populations larger than 15,000. The analysis included whether homes are available, if the area is affordable and if it’s growing.

In Cary, the home ownership rate is 70.9 percent, according to NerdWallet, which tracks data trends. Homeowner costs make up 24.8 percent of household income, and the median home value is $302,500. 

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