20 Affordable Suburbs That Are Growing Fast — Buy Now Before Homes Become Too Expensive
While the cost of homes is typically lower in a suburb than in a major city, when populations surge, home prices typically do too. That’s why it’s best to buy before prices have the chance to catch up with a suburb’s popularity.
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MoveBuddha identified 20 suburbs where the population is growing rapidly, but homes are still affordable. In all of these suburbs — ranked by popularity growth — the average home price is under $500,000. Consider buying in one of these areas while you still can.
1. Georgetown, Texas
Metro area: Austin-Round Rock-Georgetown
Typical single-family home value: $453,376
Population growth (2020 to 2022): 26.7%
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2. Kyle, Texas
Metro area: Austin-Round Rock-Georgetown
Typical single-family home value: $336,615
Population growth (2020 to 2022): 23.7%
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3. Leander, Texas
Metro area: Austin-Round Rock-Georgetown
Typical single-family home value: $450,798
Population growth (2020 to 2022): 22.2%
4. Little Elm, Texas
Metro area: Dallas-Fort Worth-Arlington
Typical single-family home value: $429,799
Population growth (2020 to 2022): 17.3%
Pictured: Dallas
5. Westfield, Indiana
Metro area: Indianapolis-Carmel-Anderson
Typical single-family home value: $444,731
Population growth (2020 to 2022): 16.2%
Pictured: Indianapolis
6. New Braunfels, Texas
Metro area: San Antonio-New Braunfels
Typical single-family home value: $377,573
Population growth (2020 to 2022): 14.3%
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7. Maricopa, Arizona
Metro area: Phoenix-Mesa-Chandler
Typical single-family home value: $362,728
Population growth (2020 to 2022): 12.6%
8. Buckeye, Arizona
Metro area: Phoenix-Mesa-Chandler
Typical single-family home value: $403,336
Population growth (2020 to 2022): 12.6%
9. Burleson, Texas
Metro area: Dallas-Fort Worth-Arlington
Typical single-family home value: $318,568
Population growth (2020 to 2022): 11.2%
Pictured: Dallas
10. Conroe, Texas
Metro area: Houston-The Woodlands-Sugar Land
Typical single-family home value: $325,469
Population growth (2020 to 2022): 11.1%
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11. Casa Grande, Arizona
Metro area: Phoenix-Mesa-Chandler
Typical single-family home value: $327,337
Population growth (2020 to 2022): 10.9%
12. Fort Myers, Florida
Metro area: Cape Coral-Fort Myers
Typical single-family home value: $422,609
Population growth (2020 to 2022): 9.9%
13. Palm Coast, Florida
Metro area: Deltona-Daytona Beach-Ormond Beach
Typical single-family home value: $361,798
Population growth (2020 to 2022): 9.7%
14. Nampa, Idaho
Metro area: Boise City
Typical single-family home value: $390,769
Population growth (2020 to 2022): 9.5%
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15. Goodyear, Arizona
Metro area: Phoenix-Mesa-Chandler
Typical single-family home value: $480,612
Population growth (2020 to 2022): 8.8%
16. Caldwell, Idaho
Metro area: Boise City
Typical single-family home value: $373,650
Population growth (2020 to 2022): 8.7%
17. St. Cloud, Florida
Metro area: Orlando-Kissimmee-Sanford
Typical single-family home value: $407,547
Population growth (2020 to 2022): 8.5%
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18. Temple, Texas
Metro area: Killeen-Temple
Typical single-family home value: $255,469
Population growth (2020 to 2022): 8.2%
19. Daytona Beach, Florida
Metro area: Deltona-Daytona Beach-Ormond Beach
Typical single-family home value: $291,807
Population growth (2020 to 2022): 7.9%
20. Rockwall, Texas
Metro area: Dallas-Fort Worth-Arlington
Typical single-family home value: $447,866
Population growth (2020 to 2022): 7.8%
All data is sourced from moveBuddha.com and is accurate as of Nov. 2, 2023.
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