Housing Market in Matthews NC
Wednesday, November 11, 2020, 6:00 AM | Leave Comment
In the quiet periphery of North Carolina’s largest city lies a mid sized suburb that goes by the name of Matthews NC.
This quiet but friendly town has gained a reputation among those in the area as a great place to buy a home; but why is that? What does this little town have to offer, and what sets it apart from its neighbors?
This is not a particularly difficult question to answer, but it might be time consuming. The simple fact is Matthews, NC has a long, impressive list of attributes and qualities that make it the ideal location for anyone seeking a new place to put down some roots and create a new home.
But you aren’t here to read a puff piece on why Matthews is such a great place to live. Sure, there are plenty of things to be written to its credit, from its low violent crime rates to its proximity to the extensive job pool in Charlotte NC, but you’re here to learn about one thing: its housing market.
That’s the question we’re going to take a look at today. Before we do that, however, let’s take a look at this town, and find out a little more, shall we?
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All about Matthews, NC
At a glance, the city of Matthews might seem much like any other suburb of Charlotte; simply a densely populated suburban community composed primarily of home and business owners. But there’s a lot more to the city than meets the eye, and you don’t have to take our word for it!
The city has a relatively small population of just over 32,600 residents. This population size is just big enough to warrant the wealth of attractions the city has to offer, but still small enough to establish a warm and friendly “small-town” feeling. This community loves making its guests and new arrivals feel right at home!
But there’s more than just disarming warmth and devastating charm to this community! Take the job market for example. While the local job market in Matthews is not particularly alluring, a job market that is alluring is the one you’ll have easy access to if you move to this suburb: the job market in Charlotte, NC.
This proximity makes Matthews, NC, the perfect city for those who prefer the atmosphere and aesthetics of suburban life, but prefer a faster paced business or social environment. This commuter town style of living is very appealing to the new generation to whom immediacy is everything; if you number yourself amongst their ranks, you might want to put some serious thought into moving here!
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Matthews NC Housing Market
Now it’s time to sink our teeth into something a bit more substantial: the real estate market in Matthews, NC. If you’re planning on moving to this city, then you’re probably planning on buying a home as well. If that’s the case, you’re going to want to know what you’re getting into! Are homes expensive? Do they hold their value? Is renting an option? Let’s answer these questions!
First of all, let’s look at the median home price in the town of Matthews NC. At a fairly reasonable average sale price of $314,000, homes in this community are priced slightly higher than you might expect. However, when you consider a few important factors, we think that you’ll find this price to be a steal!
The most important of these factors is the resale value. The average home price in Matthews has been steadily rising in the past five years, and projections show them continuing to rise for the foreseeable future. This makes Matthews NC the obvious choice for anyone seeking a home that will be a solid financial investment for the future.
Then, of course, there is the factor of liveability. Matthews is just a nice place to live! With a quiet, tranquil atmosphere, a wealth of attractions ranging from a wide variety of restaurants and bars, and an exceptionally low violent crime rate, Matthews is just the sort of place you might be able to see as a long term home.
For renters, prices are also fairly reasonable. The average rent price in Matthews, NC, is a cool $1,200 a month, which is about average for most cities of similar size. Most of the rental apartments and homes in Matthews are of passable quality, but we’d recommend buying instead, as it’s a much more lucrative investment.
If you want to make this delightful town your home, you’re going to need to get in touch with one of the real estate agents in Matthews NC. These skilled, professional real estate agents are the people best qualified for the job, and they’ll do everything in their power to get you in a home that suits your needs at the lowest price possible.
Conclusion
After a bit of time reading about this city and its various selling points, we’re confident that you’re just as convinced about this city as we are. This really is a great place to live! From its rich, storied history to its charming municipal area, there is really no shortage of things to see and do!
We hope you enjoyed this article, and that we’ve helped you find the answers to some of your most burning questions. If you enjoyed this article, why not share it with your friends on social media? We’re sure they’d love to read it too! From our team to yours, enjoy Matthews NC!
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