Homeowners in many southern U.S. cities are looking at another tick upward in value over the next year, despite increased inventory.

The pandemic drove many homebuyers southward in search of affordability. With many homes in states like North Carolina, Florida and Georgia still relatively affordable compared to other states and previously shaky inventories gaining their footing, the trend is continuing.

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Realtor.com’s Housing Market Trends Report for March noted that active home listings in the southern U.S. were up nearly 36% compared to March 2023. Nevertheless, homes remained relatively scarce and prices high compared to previous years.

GOBankingRates has compiled a list of southern cities where home values are expected to grow at least 3% by February 2025, based on data from Zillow. We then compiled a reverse countdown of the 34 cities that made the list, from the 3 percenters to the highest predicted spikes.

Our review includes homes within the largest housing markets in 15 states: Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia and West Virginia. Washington D.C. was also included.

As for trends in the list, sizzling-hot North Carolina leads the way with 11 entries. Texas and Florida, each with six, are tied for a distant second. Keep reading to find the projected price spikes of these 34 southern cities in 2025.

34. Danville, Virginia

• Average home value in February 2024: $145,987

• Projected value growth over next year: 3%

• Projected average home value in February 2025: $150,367

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33. Albany, Georgia

• Average home value in February 2024: $148,837

• Projected value growth over next year: 3%

• Projected average home value in February 2025: $153,302

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32. New Bern, North Carolina

• Average home value in February 2024: $241,162

• Projected value growth over next year: 3%

• Projected average home value in February 2025: $248,397

31. Savannah, Georgia

• Average home value in February 2024: $328,730

• Projected value growth over next year: 3%

• Projected average home value in February 2025: $338,592

30. Charlotte

• Average home value in February 2024: $376,847

• Projected value growth over next year: 3%

• Projected average home value in February 2025: $388,152

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29. Homosassa Springs, Florida

• Average home value in February 2024: $280,307

• Projected value growth over next year: 3.1%

• Projected average home value in February 2025: $288,996

28. Jefferson, Georgia

• Average home value in February 2024: $379,661

• Projected value growth over next year: 3.1%

• Projected average home value in February 2025: $391,431

27. Tampa

• Average home value in February 2024: $389,571

• Projected value growth over next year: 3.1%

• Projected average home value in February 2025: $401,647

26. Johnson City, Tennessee

• Average home value in February 2024: $252,491

• Projected value growth over next year: 3.2%

• Projected average home value in February 2025: $260,571

25. Burlington, North Carolina

• Average home value in February 2024: $276,147

• Projected value growth over next year: 3.2%

• Projected average home value in February 2025: 3.20%

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24. Cleveland, Tennessee

• Average home value in February 2024: $277,156

• Projected value growth over next year: 3.2%

• Projected average home value in February 2025: $286,025

23. Wilmington, North Carolina

• Average home value in February 2024: $423,057

• Projected value growth over next year: 3.2%

• Projected average home value in February 2025: $436,595

22. Hilton Head Island, South Carolina

• Average home value in February 2024: $520,798

• Projected value growth over next year: 3.2%

• Projected average home value in February 2025: $537,463

21. Naples, Florida

• Average home value in February 2024: $726,893

• Projected value growth over next year: 3.2%

• Projected average home value in February 2025: $750,153

20. McAllen, Texas

• Average home value in February 2024: $180,837

• Projected value growth over next year: 3.3%

• Projected average home value in February 2025: $186,805

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19. Hickory, North Carolina

• Average home value in February 2024: $241,500

• Projected value growth over next year: 3.3%

• Projected average home value in February 2025: $186,805

18. Greenville, North Carolina

• Average home value in February 2024: $250,902

• Projected value growth over next year: 3.3%

• Projected average home value in February 2025: $259,181

17. Fayetteville, Arkansas

• Average home value in February 2024: $329,401

• Projected value growth over next year: 3.3%

• Projected average home value in February 2025: $340,271

16. Athens, Georgia

• Average home value in February 2024: $341,740

• Projected value growth over next year: 3.3

• Projected average home value in February 2025: $353,017

15. Gainesville, Georgia

• Average home value in February 2024: $374,385

• Projected value growth over next year: 3.3%

• Projected average home value in February 2025: $386,740

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14. Brownsville, Texas

• Average home value in February 2024: $180,560

• Projected value growth over next year: 3.4%

• Projected average home value in February 2025: $186,699

13. Tullahoma, Tennessee

• Average home value in February 2024: $281,807

• Projected value growth over next year: 3.4%

• Projected average home value in February 2025: $291,388

12. Rocky Mount, North Carolina

• Average home value in February 2024: $188,307

• Projected value growth over next year: 3.5%

• Projected average home value in February 2025: $194,898

11. Fayetteville, North Carolina

• Average home value in February 2024: $236,601

• Projected value growth over next year: 3.5%

• Projected average home value in February 2025: $244,882

10. Pinehurst, North Carolina

• Average home value in February 2024: $402,068

• Projected value growth over next year: 3.5%

• Projected average home value in February 2025: $416,140

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9. Lumberton, North Carolina

• Average home value in February 2024: $125,686

• Projected value growth over next year: 3.6%

• Projected average home value in February 2025: $130,211

8. Shawnee, Oklahoma

• Average home value in February 2024: $169,162

• Projected value growth over next year: 3.6%

• Projected average home value in February 2025: $175,252

Pictured: Nearby Norman

7. Wilson, North Carolina

• Average home value in February 2024: $200,574

• Projected value growth over next year: 3.6%

• Projected average home value in February 2025: $207,794

6. Greenville, Tennessee

• Average home value in February 2024: $212,479

• Projected value growth over next year: 3.7%

• Projected average home value in February 2025: $220,340

Pictured: Nearby Pigeon Forge

5. Palatka, Florida

• Average home value in February 2024: $198,905

• Projected value growth over next year: 3.9%

• Projected average home value in February 2025: $206,663

Learn More: What Income Level Is Considered Middle Class in Your State?

4. Statesboro, Georgia

• Average home value in February 2024: $252,519

• Projected value growth over next year: 3.9%

• Projected average home value in February 2025: $262,367

3. Lake City, Florida

• Average home value in February 2024: $249,274

• Projected value growth over next year: 4.1%

• Projected average home value in February 2025: $259,494

2. Sebring, Florida

• Average home value in February 2024: $242,964

• Projected value growth over next year: 4.2%

• Projected average home value in February 2025: $253,168

1. Knoxville, Tennessee

• Average home value in February 2024: $332,689

• Projected value growth over next year: 5.1%

• Projected average home value in February 2025: $349,656

Methodology: For this piece GOBankingRates looked at exclusively southern (AL, AR, DE, DC, FL, GA, KY, LA, MD, MS, NC, OK, SC, TN, TX, VA, AND WV) metros within the 500 largest housing markets to find which southern cities are poised for the biggest spike in home value over the next year. To do this, GOBankingRates determined all qualifying metros, February 2024 home value; 1-year projected home value growth/decline, and projected February 2025 home value. Only southern metros with 3% or greater 1-year projection were included. All data was sourced from Zillow and is up to date as of April 4, 2024.

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This article originally appeared on GOBankingRates.com: Home Prices in These 34 Southern Cities Are Projected To Spike Most in 2025