If you are a single family, then you don’t need much to live in. You need a peaceful and nice neighborhood, right? 88.5% of single-family households like to own a home rather than rent one. A one-time investment is far better than spending money every month.
If you are looking for the best location for a single family, we have a list of the best locations. These locations are perfect for raising your kid and living peacefully. So, let’s begin.
Factors to Consider When Choosing a Location
The desire for single-family homeowners to own their homes increased right after COVID-19. Right now, only about 31.4% of renters live in single-family homes, compared to 88.5% of homeowners. According to CoreLogic, rents for these homes saw double-digit growth year-over-year in 2021 and 2022 before leveling out in 2024.
But before moving into the new location, you must consider a few things. Such as:
School Quality: If you’ve got kids (or plan to), being in a good school district can greatly impact their education and even can boost your home’s value.
Safety: A safe neighborhood gives you peace of mind. Check crime rates and how secure the area feels. Also, be ensure about home security.
Proximity to Amenities: Being near grocery stores, parks, healthcare, and other essentials is a big plus for convenience.
Commute Time: Whether it's getting to work or school, a shorter commute can improve your quality of life.
Community Vibe: Do you like a close-knit neighborhood with friendly faces and local events? Or are you more into a quiet, private area? Make sure the community vibe matches what you’re looking for.
Future Growth: Look into the area's development plans. An up-and-coming location might be a smart long-term investment, even if it’s quieter.
Top Locations for Single-Family Homes in 2024
If you're searching for the perfect place to raise your family, here are some top locations in 2024 that are worth considering. Each offers a unique blend of amenities, community vibes, lifestyle options, and interesting statistics.
Pine Lakes, Sun City Hilton Head, South Carolina
Pine Lakes is a vibrant community within the larger Sun City Hilton Head, designed for active adults but welcoming to families. It boasts various recreational facilities, including golf courses, pools, and walking trails.
Median Home Price: Approximately $350,000 - $500,000 depending on size and amenities. The home values are steadily appreciating due to the area's popularity.
Community Features: The community offers numerous clubs, activities, and social events, fostering a strong sense of belonging.
Proximity: Just a short drive to Hilton Head Island's beaches and the historical charm of Savannah, GA.
Demographics: The area is known for its diverse population, including retirees and young families seeking a quieter lifestyle.
Charlotte, North Carolina
As one of the largest cities in the Southeast, Charlotte offers a blend of urban excitement and suburban comfort. Known for its banking industry and a growing tech sector, the city has much to offer families.
Median Home Price: About $320,000, with prices varying based on neighborhood and proximity to the city center.
School Ratings: Charlotte-Mecklenburg Schools district has numerous above-average schools, making it an attractive option for families.
Population Growth: The city's population has increased by around 17% over the past decade, indicating a strong demand for housing.
Amenities: Families can enjoy parks, cultural attractions, shopping, and dining options, along with proximity to outdoor activities in the nearby mountains.
Naples, Florida
Renowned for its stunning beaches and luxurious lifestyle, Naples attracts families looking for a relaxed yet upscale environment. The community is known for its family-friendly atmosphere and high standard of living.
Median Home Price: Approximately $600,000, with upscale neighborhoods reaching the millions.
School Ratings: The Collier County School District is highly rated, with many schools earning A and B grades.
Recreation: Naples offers numerous outdoor activities, including boating, fishing, and hiking in nearby parks. The area also hosts various cultural events and art festivals.
Demographics: A mix of families, retirees, and seasonal residents, creating a vibrant community year-round.
Frisco, Texas
Located in the Dallas-Fort Worth metroplex, Frisco is one of the fastest-growing cities in the U.S. With a strong economy and family-friendly environment, it has become a popular choice for families.
Median Home Price: Around $450,000, reflecting the area's high housing demand.
School Ratings: Frisco Independent School District is highly regarded, with many schools receiving top ratings from GreatSchools.
Population Growth: The city has experienced a growth rate of approximately 40% in the last decade, making it a dynamic place to live.
Amenities: Frisco offers numerous parks, recreational facilities, and shopping centers, along with a calendar full of community events, sports leagues, and cultural festivals.
Where to Invest Among Top Locations for Single-Family Homes in 2024?
Pine Lakes in Sun City Hilton Head is a fantastic option to invest in 2024. This community offers a unique blend of active adult living and family-friendly amenities. It is appealing to a wide range of buyers.
With a strong sense of community and plenty of recreational activities. That is why it attracts retirees and families looking for a peaceful lifestyle. Not only that,
The area’s continued development and proximity to Hilton Head Island mean that demand for properties here will likely remain steady.
Pine Lakes is a smart investment choice for those looking to secure their future in real estate. These factors make Pine Lakes the best investment for a single family.
Outro
investing in single-family homes requires careful consideration, and Pine Lakes in Sun City Hilton Head is a top choice. With its blend of community spirit and recreational amenities.
It appeals to both families and retirees alike. The steady demand and potential for long-term appreciation make Pine Lakes a smart investment. Whether you're a seasoned investor or just starting, this location should be on your radar.
Happy house hunting!
