How Much It Costs To Buy a Home in the 25 Fastest-Growing Wealthy Suburbs in America

Gabrielle Olya

29 November 2023 at 8:00 am·5-min read

While some prefer to live in a major city, others prefer the suburban life. In the wealthiest suburbs of America, this can entail private gated communities, country clubs and world-class amenities — but living in these areas can get very pricey. That hasn’t deterred those who can afford it from flocking to these areas, though.

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MoveBuddha identified the fastest-growing wealthy suburbs in America by looking at the population change from 2017 to 2022 across 805 non-principal cities within a metropolitan area, and filtered those results to cities where the typical single-family home price is more than $750,000.

Here’s a look at how much it costs to buy a home in the 25 fastest-growing wealthy suburbs in America.

1. Redmond, Washington

Nearest metro area: Seattle-Tacoma-Bellevue
Typical single-family home value: $1,361,208
Population growth (2017 to 2022): 18.1%

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2. Irvine, California

Nearest metro area: Los Angeles-Long Beach-Anaheim
Typical single-family home value: $1,538,622
Population growth (2017 to 2022): 17.2%

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3. Dublin, California

Nearest metro area: San Francisco-Oakland-Berkeley
Typical single-family home value: $1,388,864
Population growth (2017 to 2022): 16.4%

4. Medford, Massachusetts

Nearest metro area: Boston-Cambridge-Newton
Typical single-family home value: $822,883
Population growth (2017 to 2022): 13.1%

5. Franklin, Tennessee

Nearest metro area: Nashville-Davidson-Murfreesboro-Franklin
Typical single-family home value: $874,853
Population growth (2017 to 2022): 10.8%

6. Eastvale, California

Nearest metro area: Riverside-San Bernardino-Ontario
Typical single-family home value: $894,452
Population growth (2017 to 2022): 8.9%

Pictured: Riverside, California

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7. Tracy, California

Nearest metro area: Stockton
Typical single-family home value: $758,369
Population growth (2017 to 2022): 8.4%

Pictured: Stockton, California

8. Mount Pleasant, South Carolina

Nearest metro area: Charleston-North Charleston
Typical single-family home value: $825,827
Population growth (2017 to 2022): 8.1%

9. Hoboken, New Jersey

Nearest metro area: New York-Newark-Jersey City
Typical single-family home value: $1,572,129
Population growth (2017 to 2022): 7.5%

10. Brentwood, California

Nearest metro area: San Francisco-Oakland-Berkeley
Typical single-family home value: $807,7847
Population growth (2017 to 2022): 6.7%

Pictured: San Francisco

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11. San Ramon, California

Nearest metro area: San Francisco-Oakland-Berkeley
Typical single-family home value: $1,657,161
Population growth (2017 to 2022): 6.5%

(c) Salil Bhatt / Getty Images/iStockphoto

12. Draper, Utah

Nearest metro area: Provo-Orem
Typical single-family home value: $792,925
Population growth (2017 to 2022): 6.3%

13. Folsom, California

Nearest metro area: Sacramento-Roseville-Folsom
Typical single-family home value: $757,012
Population growth (2017 to 2022): 6.3%

PhilAugustavo / Getty Images/iStockphoto

14. Shoreline, Washington

Nearest metro area: Seattle-Tacoma-Bellevue
Typical single-family home value: $783,363
Population growth (2017 to 2022): 5.5%

Pictured: Seattle

15. Bellevue, Washington

Nearest metro area: Seattle-Tacoma-Bellevue
Typical single-family home value: $1,527,698
Population growth (2017 to 2022): 5.0%

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16. Gilroy, California

Nearest metro area: San Jose-Sunnyvale-Santa Clara
Typical single-family home value: $1,056,494
Population growth (2017 to 2022): 4.8%

17. Stamford, Connecticut

Nearest metro area: Bridgeport-Stamford-Norwalk
Typical single-family home value: $776,248
Population growth (2017 to 2022): 4.7%

DenisTangneyJr / Getty Images/iStockphoto

18. Chula Vista, California

Nearest metro area: San Diego-Chula Vista-Carlsbad
Typical single-family home value: $847,278
Population growth (2017 to 2022): 4.7%

19. Milpitas, California

Nearest metro area: San Jose-Sunnyvale-Santa Clara
Typical single-family home value: $1,399,037
Population growth (2017 to 2022): 4.2%

Alex Potemkin / Getty Images/iStockphoto

20. New Rochelle, New York

Nearest metro area: New York-Newark-Jersey City
Typical single-family home value: $857,815
Population growth (2017 to 2022): 4.1%

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21. Camarillo, California

Nearest metro area: Oxnard-Thousand Oaks-Ventura
Typical single-family home value: $881,246
Population growth (2017 to 2022): 3.6%

22. Santa Clarita, California

Nearest metro area: Los Angeles-Long Beach-Anaheim
Typical single-family home value: $821,909
Population growth (2017 to 2022): 3.5%

23. Santee, California

Nearest metro area: San Diego-Chula Vista-Carlsbad
Typical single-family home value: $785,692
Population growth (2017 to 2022): 3.5%

Pictured: San Diego

24. Kirkland, Washington

Nearest metro area: Seattle-Tacoma-Bellevue
Typical single-family home value: $1,278,063
Population growth (2017 to 2022): 3.4%

25. Redondo Beach, California

Nearest metro area: Los Angeles-Long Beach-Anaheim
Typical single-family home value: $1,464,569
Population growth (2017 to 2022): 2.5%

All data is sourced from moveBuddha and is accurate as of Nov. 2, 2023.

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This article originally appeared on GOBankingRates.com: How Much It Costs To Buy a Home in the 25 Fastest-Growing Wealthy Suburbs in America

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