Town News Names Mint Hill Number 12 Among U.S. Hotspots

Feb 16th, 2017

An eastern Charlotte suburb fell just short of ranking within's measure of top 10 suburban hotspots in the placed the Wildwoods/Allen/Mint Hill suburb — located about 12 miles east of uptown — at No. 12 on the list, released Monday.

For the study, looked at the nation's 50 largest metro areas and classified ZIP codes as either suburban or urban based on household densities. Suburbs were then ranked in three main areas: household growth, listing price growth and housing supply and demand.

Close proximity to thriving urban centers and strong household growth are driving factors for those suburbs that made the cut, says Of Charlotte's 28227 ZIP code, found that households had grown 13.9% based on Nielsen estimates between 2010-17. Price growth was listed at 18.9%, and homes for sale in the suburb were spending an average 55 days on the market.

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