North Carolina Population Surge Reshapes Housing
How Is North Carolina’s Growth Driving Housing Demand? Although national population growth has slowed, North Carolina reached 11.2 million residents as of July 1, 2025. North Carolina ranked third nationally in population increase rate. The 1.3% annual gain added about 146,000 residents, intensifying housing demand statewide. Migration Driven Household Turnover Domestic net migration of 84,000 people led growth, with only about 10% coming from natural change. Relocating households from higher-cost states are shifting household composition. That shift is increasing rentals and entry-level buying near employment centers. Urbanization Pressure on Inventory Fast decade-long growth of 11.8% outpaced the U.S. and tightened supply across urban and suburban counties. Localized surges, including 30,057 added residents in Mecklenburg County and 4.5% growth in Brunswick County, strain infrastructure and keep vacancies low. Projections for roughly 1.3 million more residents this decade signal sus...