– Updated: 10/19/2023

Popular Investment Suburbs

With high ratings in quality of life, a robust local economy, and relatively affordable housing options, Charlotte, North Carolina, is perfectly positioned for enterprising real estate investors. The city’s population has grown significantly over the past fifteen years, and demand has led to a steady rise in home prices. Fortunately, home prices in good neighborhoods are still within range of many families and young professionals looking to settle down in suburban areas that feature rural feels and open spaces and offer a variety of nearby amenities and public parks to enjoy.

Charlotte is one of America’s fastest-growing cities in terms of economy and opportunity. It hosts several Fortune 500 companies, including Bank of America, Honeywell, and Duke Energy, and is the east coast headquarters of Wells Fargo. The “Queen City” (as Charlotte is sometimes known) is also the home of the Carolina Panthers (Keep pounding!), Charlotte Knights, and Charlotte Hornets. The city center features museums, hotels, restaurants, theaters, and bustling retail centers. Local attractions include the Bechtler Museum of Modern Art, the Billy Graham Library, the North Carolina Music Factory, the Blumenthal Performing Arts Center, and the NASCAR Hall of Fame.

There is a lot in and around Charlotte to attract home buyers as the area suburbs offer quiet, beautiful neighborhoods within easy striking distance of the city.

We looked at the top-recommended Charlotte suburbs in North and South Carolina and their median home values and quality-of-life benefits. The top ten suburbs are:

1. India Hook
2. Tega Cay
3. Cramerton
4. Davidson
5. Indian Trail
6. Fort Mill
7. Newport
8. Harrisburg
9. Belmont
10. Weddington

1) India Hook

A suburb of Charlotte with a population of 4,117, India Hook is in York County and is considered one of the best places to live in South Carolina. The area has a rural feel, and over 90% of residents own homes. It’s a popular area for families and young professionals, and the area schools are rated above average.

Median home values are currently around $166,000.

2) Tega Cay

Charlotte suburb Tega Cay (York County) has a population of about 9,464 and is one of the most popular areas in South Carolina. Most residents own their homes, and the area enjoys a rural community feel. The public schools in Tega Cay are highly rated.

Median home values are currently around $306,000.

3) Cramerton

Gaston County’s Charlotte suburb, Cramerton, hosts 4,274 residents, most of whom own homes. Considered one of the best places to live in North Carolina, Cramerton boasts excellent schools and a sparse suburban feel popular with families and young professionals.

Median home values are currently around $216,700.

4) Davidson

Davidson sits in Mecklenburg County—a popular Charlotte suburb to live in North Carolina. With a population of 12,325, Davidson offers residents—most of whom are homeowners—a sparse suburban feel with a wide choice of restaurants, coffee shops, and parks. The public schools are highly rated, making Davidson a popular choice for families and young professionals.

Median home values are currently around $406,000.

5) Indian Trail

Indian Trail is a suburb of Charlotte located in Union County with a population of 37,191. Residents find it one of the best places to live in North Carolina with its rural feel. Most residents—many of whom are families and young professionals—own their homes. Indian Trail’s public schools are considered highly rated.

Median home values are currently around $189,500.

6) Fort Mill

Fort Mill is in York County and is one of the best places to live in South Carolina. It is a suburb of Charlotte with a population of 14,451. The area offers several parks and a sparse suburban feel where most residents own their homes. Fort Mill is particularly popular with families, and the public schools are highly rated.

Median home values are currently around $222,700.

7) Newport

Newport is a suburb of Charlotte with a population of 3,780. Located in York County, Newport is one of the best places to live in South Carolina. The area offers residents—many of whom are families and young professionals who own their homes—a pleasant rural feel. The public schools in Newport are above average.

Median home values are currently around $187,400.

8) Harrisburg

Harrisburg, located in Cabarrus County, is a suburb of Charlotte with 14,856 residents who find it one of the best places to live in North Carolina. Most residents are homeowners, so they see the rural feel and plentitude of parks as attractive for families and young professionals. The highly-rated public schools are a welcome bonus.

Median home values are currently around $254,100.

9) Belmont

With a population of 11,373, Gaston County’s Belmont is a suburb of Charlotte and one of the best places to live in North Carolina. Belmont offers residents a sparse suburban feel with many parks; most residents own their homes. The area is popular with young professionals and families who find the public schools highly rated.

Median home values are currently around $180,200.

10) Weddington

Weddington is a suburb of Charlotte with a population of 10,388. In Union County, Weddington is one of the best places to live in North Carolina. The suburb offers residents a rural feel, and most own their homes. The public schools in Weddington are highly rated.

Median home values are currently around $435,500.

Regarding real estate investments, you can’t do much better than the Charlotte area. Housing prices are projected to only rise during the coming years. This is the time to invest, attract families and young professionals to new homes, then enjoy the benefits later. With the multitude of economic opportunities bringing in new people, a thriving business community, nationally-known sports and entertainment attractions, and a balance of urban-suburban-rural life, it’s no surprise that Charlotte is considered one of the best places in the country to live.

Are you interested in investing in Charlotte real estate? Then contact one of our investment consultants today!