{"id":5139,"date":"2024-04-10T15:27:46","date_gmt":"2024-04-10T15:27:46","guid":{"rendered":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/2024\/04\/10\/supercharged-housing-markets-the-top-10-cities-for-electric-vehicle-owners\/"},"modified":"2024-04-10T15:27:46","modified_gmt":"2024-04-10T15:27:46","slug":"supercharged-housing-markets-the-top-10-cities-for-electric-vehicle-owners","status":"publish","type":"post","link":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/2024\/04\/10\/supercharged-housing-markets-the-top-10-cities-for-electric-vehicle-owners\/","title":{"rendered":"Supercharged Housing Markets: The Top 10 Cities for Electric Vehicle Owners"},"content":{"rendered":"

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Getty Images<\/p>\n

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Those looking for a home with a charging station for an electric vehicle might want to browse listings in Silicon Valley.<\/p>\n

As Earth Day<\/a> approaches and more folks are looking for ways to be more environmentally friendly, the San Jose, CA,<\/a> housing market was named the most EV-friendly in the nation, according to a Realtor.com\u00ae and Cox Automotive analysis.<\/a><\/p>\n

While only about 0.9% of homes listed on Realtor.com were rated EV-friendly<\/a>, that was up from 0.1% just five years ago. And it\u2019s poised to grow. A record of nearly 1.2 million electric vehicles<\/a> were sold last year, according to Cox Automotive.<\/p>\n

\u201cWe are definitely going to see more electric vehicle-friendly homes in coming years,\u201d\u00a0says Realtor.com economist Jiayi Xu<\/strong>. \u201cThere are so many government policies to support electric vehicles, including rebate programs. These are incentives for people to buy the vehicles and then there is higher demand for at-home chargers.\u201d<\/p>\n

More homes in pricey, high-tech cities tend to be equipped with vehicle chargers. That makes sense as buyers paid an average of $52,314 for an electric vehicle in February, according to Cox Automotive<\/a>.<\/p>\n

A personal charging station tends to be more common in newer homes and homes with garages.<\/p>\n

Getty Images<\/p>\n

In San Jose, about 1 in 5 households in the metro drives one of these vehicles. It was followed by Salt Lake City<\/a> and San Francisco. Thirteen of the top 20 metros were in the western swath of the country, with eight in California.<\/p>\n

\u201cThese metros have higher shares of younger people,\u201d says Xu. \u201cElectric vehicles, while not new technology, are still new for many people. Some younger people are more interested in these vehicles.\u201d<\/p>\n

Not surprisingly, the markets where larger percentages of residents own EVs have higher rates of EV-friendly homes for sale. Having a personal charging station<\/a> also tends to be more common in newer homes, built after electric vehicles became more popular, and homes with garages.<\/p>\n

Luxury apartment complexes also tend to be more EV-friendly.<\/p>\n

\u201cEven in older homes, people can upgrade their electrical systems to make their homes more electric vehicle-friendly,\u201d says Xu. She points out that having a charging station in a home won\u2019t necessarily increase the home\u2019s value<\/a>, but \u201cit will help you to reach more potential buyers.\u201d<\/p>\n

To come up with our findings, Realtor.com looked at the 100 metropolitan areas with the largest percentage of EV-friendly, single-family homes, townhomes, row homes, condos, and co-ops listed on Realtor.com in 2023. We teamed up with Cox Automotive, which also looked at the number of public charging ports for these vehicles.<\/p>\n

The top 10 electric vehicle-friendly housing markets<\/h2>\n

1. San Jose, CA<\/a><\/h2>\n

<\/a>This newly built home in San Jose, CA, comes with an electric vehicle charger already installed.<\/p>\n

Realtor.com<\/p>\n

Median home list price in March: $1,481,000<\/strong>
\nPercentage of EV-friendly listings: 4.9%<\/strong>
\nNumber of EVs per charging port: 24<\/strong><\/p>\n

2. Salt Lake City<\/a><\/h2>\n

Median home list price: $580,000<\/strong>
\nPercentage of EV-friendly listings: 1.6%<\/strong>
\nNumber of EVs per charging port: 17<\/strong><\/p>\n

3. San Francisco<\/a><\/h2>\n

This condo in San Francisco, CA, offers a two-car garage with an EV charging station.<\/p>\n

Realtor.com<\/p>\n

Median home list price: $999,000<\/strong>
\nPercentage of EV-friendly listings: 3.8%<\/strong>
\nNumber of EVs per charging port:<\/strong> 29<\/strong><\/p>\n

4. Boston<\/a><\/h2>\n

<\/a>This fully renovated home in Boston, MA, comes with an EV-ready garage.<\/p>\n

Realtor.com<\/p>\n

Median home list price: $880,000<\/strong>
\nPercentage of EV-friendly listings: 1.3%<\/strong>
\nNumber of EVs per charging port: 13<\/strong><\/p>\n

5. Seattle<\/a><\/h2>\n

Median home list price: $768,000<\/strong>
\nPercentage of EV-friendly listings: 3.3%<\/strong>
\nNumber of EVs per charging port: 29<\/strong><\/p>\n

6. Durham, NC<\/a><\/h2>\n

<\/a>This new development features homes that are certified Department of Energy Zero Energy Ready and equipped with EV charging stations.<\/p>\n

Realtor.com<\/p>\n

Median home list price: $525,000<\/strong>
\nPercentage of EV-friendly listings: 1.7%<\/strong>
\nNumber of EVs per charging port: 20<\/strong><\/p>\n

7. Austin, TX<\/a><\/h2>\n

<\/a>This modern condo in Austin, TX, comes with EV charging ports already installed.<\/p>\n

Realtor.com<\/p>\n

Median home list price: $550,000<\/strong>
\nPercentage of EV-friendly listings: 2%<\/strong>
\nNumber of EVs per charging port: 23<\/strong><\/p>\n

8. Los Angeles<\/a><\/h2>\n

Median home list price: $1.15 million<\/strong>
\nPercentage of EV-friendly listings: 3.1%<\/strong>
\nNumber of EVs per charging port: 29<\/strong><\/p>\n

9. Washington, DC<\/a><\/h2>\n

Median home list price: $604,000<\/strong>
\nPercentage of EV-friendly listings: 1.6%<\/strong>
\nNumber of EVs per charging port: 19<\/strong><\/p>\n

10. Denver<\/a><\/h2>\n

<\/a>Among this home\u2019s recent upgrades is a 220-volt EV charger.<\/p>\n

Realtor.com<\/p>\n

Median home list price: $620,000<\/strong>
\nPercentage of EV-friendly listings: 1.6%<\/strong>
\nNumber of EVs per charging port: 20<\/strong><\/p>\n

11. San Diego<\/a><\/h2>\n

Median home list price: $998,000<\/strong>
\nPercentage of EV-friendly listings: 2.6%<\/strong>
\nNumber of EVs per charging port: 30<\/strong><\/p>\n

12. Sacramento, CA<\/a><\/h2>\n

Median home list price: $635,000<\/strong>
\nPercentage of EV-friendly listings: 1.9%<\/strong>
\nNumber of EVs per charging port: 26<\/strong><\/p>\n

13. Atlanta<\/a><\/h2>\n

Median home list price: $410,000<\/strong>
\nPercentage of EV-friendly listings: 1.3%<\/strong>
\nNumber of EVs per charging port: 19<\/strong><\/p>\n

14. Oxnard, CA<\/a><\/h2>\n

Median home list price: $1.065 million<\/strong>
\nPercentage of EV-friendly listings: 2.9%<\/strong>
\nNumber of EVs per charging port: 40<\/strong><\/p>\n

15. Riverside, CA<\/a><\/h2>\n

Median home list price: $599,000<\/strong>
\nPercentage of EV-friendly listings: 2.6%<\/strong>
\nNumber of EVs per charging port: 33<\/strong><\/p>\n

16. Honolulu<\/a><\/h2>\n

Median home list price: $750,000<\/strong>
\nPercentage of EV-friendly listings: 2.1%<\/strong>
\nNumber of EVs per charging port: 36<\/strong><\/p>\n

17. Portland, ME<\/a><\/h2>\n

Median home list price: $622,700<\/strong>
\nPercentage of EV-friendly listings: 0.8%<\/strong>
\nNumber of EVs per charging port: 13<\/strong><\/p>\n

18. Portland, OR<\/a><\/h2>\n

Median home list price: $605,000<\/strong>
\nPercentage of EV-friendly listings: 1.7%<\/strong>
\nNumber of EVs per charging port: 32<\/strong><\/p>\n

19. Fresno, CA<\/a><\/h2>\n

Median home list price: $450,000<\/strong>
\nPercentage of EV-friendly listings: 0.7%<\/strong>
\nNumber of EVs per charging port: 14<\/strong><\/p>\n

20. Las Vegas<\/a><\/h2>\n

Median home list price: $470,000<\/strong>
\nPercentage of EV-friendly listings: 1.1%<\/strong>
\nNumber of EVs per charging port: 28<\/strong><\/p>\n

The post Supercharged Housing Markets: The Top 10 Cities for Electric Vehicle Owners<\/a> appeared first on Real Estate News & Insights | realtor.com\u00ae<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Getty Images Those looking for a home with a charging station for an electric vehicle might want to browse listings in Silicon Valley. As Earth Day approaches and more folks are looking for ways to be more environmentally friendly, the San Jose, CA, housing market was named the most EV-friendly in the nation, according to…Read More→<\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5139","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts\/5139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/comments?post=5139"}],"version-history":[{"count":0,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/posts\/5139\/revisions"}],"wp:attachment":[{"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/media?parent=5139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/categories?post=5139"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/billingsrealtybrokers.paradiseinnovations.com\/index.php\/wp-json\/wp\/v2\/tags?post=5139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}