Millennials Are Moving to North Carolina in 2025

For years, North Carolina has been one of the fastest-growing states in the country—and now it’s gaining even more attention from millennials looking to buy their first homes. According to recent housing studies, both Raleigh-Cary and Charlotte-Concord-Gastonia are standing out nationally as some of the most millennial-friendly housing markets in 2025.

At Ginger & Co., we see this trend firsthand: millennials are drawn to the NC Triangle not only for its affordability but also for its career opportunities, thriving communities, and long-term investment potential.

Millennial Homebuying in Raleigh & Charlotte

• A SmartAsset study ranked Raleigh-Cary as the #1 metro in the U.S. for millennial homeownership in 2024, with more than 4.5% of residents aged 25–44 purchasing a home through a conventional mortgage. Median property values sat around $455,000, while buyers’ median incomes reached $138,000.

• Close behind, Charlotte-Concord-Gastonia saw 4.28% of millennials buying homes, with median home values of about $425,000 and typical incomes around $125,000.

These numbers highlight just how much opportunity there is for young buyers in North Carolina compared to pricier markets like San Francisco or New York, where affordability is out of reach for many.

Why Millennials Are Choosing the Triangle:

1. Affordable Home Prices – Even as the market grows, Raleigh and Charlotte remain well below national averages, offering more buying power.

2. Career Growth – The Triangle is home to top employers, universities, and a strong tech and healthcare sector.

3. Lifestyle & Community – With diverse neighborhoods, thriving food scenes, and access to outdoor recreation, it’s no wonder millennials are putting down roots here.

4. Future Investment Potential – Local housing policies and steady population growth position NC markets for long-term stability.

What This Means for You

• If you’re a millennial buyer, the Triangle is one of the best places in the country to make your first purchase.

• If you’re a seller, there’s a strong pool of motivated buyers ready to invest in our local communities.

At Ginger & Co., we specialize in helping clients find their perfect home in Raleigh, Cary, and the surrounding Triangle. Whether you’re buying your first home or looking to sell, our team will guide you through every step with local expertise and market insight.

Ready to make a move in the NC Triangle? Let’s find the right opportunity for you.