20 Affordable Suburbs That Are Growing Fast — Buy Now Before Homes Become Too Expensive

Gabrielle Olya

7 December 2023 at 8:00 am·4-min read

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.

America’s Hottest Real Estate Market: Why Everyone Is Buying Homes in This California City
I’m a Real Estate Agent: Almost No One Can Afford To Buy a Home in These 5 Cities

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.

RoschetzkyIstockPhoto / Getty Images/iStockphoto

1. Georgetown, Texas

Metro area: Austin-Round Rock-Georgetown
Typical single-family home value: $453,376
Population growth (2020 to 2022): 26.7%

Sponsored: Open a new checking account and earn early paycheck access; up to 2 days early with Discover® Cashback Debit with Early Pay

Chester Leeds / Getty Images/iStockphoto

2. Kyle, Texas

Metro area: Austin-Round Rock-Georgetown
Typical single-family home value: $336,615
Population growth (2020 to 2022): 23.7%

Learn: 3 Things You Must Do When Your Savings Reach $50,000

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%

I’m a Real Estate Agent: Don’t Buy Real Estate in These 5 States If You Want To Be Rich in a Decade

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%

I’m a Real Estate Agent: Here Are 7 Ways People Destroy the Value of Their Homes in Less Than a Year

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%

Downsizing for Retirement? Stay Away From These 7 Homes

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%

Kevin O’Leary: A Coming Real Estate Collapse Will Lead to ‘Chaos’ – Here’s What You Need To Know

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.

More From GOBankingRates

This article originally appeared on GOBankingRates.com: 20 Affordable Suburbs That Are Growing Fast — Buy Now Before Homes Become Too Expensive

The Independent
‘Panic mode’ Democrats begin calling for Biden to step aside after ‘horrible’ debate performance against Trump
‘Need to have Harris take over. Cleanest option,’ one Democrat strategist told The Independent
The Independent
Victoria Beckham first slept with David ‘hours after meeting Prince Charles’
‘Thereafter, she said, Beckham was ‘a total animal’ in bed,’ the biography claims
Twentytwo13
Malaysians on tenterhooks after Johor Regent takes on Selangor Sultan in public domain
The football drama in Malaysia has reached fever-pitch, with the spotlight now on the Johor and Selangor palaces. The post Malaysians on tenterhooks after Johor Regent takes on Selangor Sultan in public domain appeared first on Twentytwo13.
The Telegraph
‘This wasn’t a debate, it was a medical emergency’: Our writers give their verdicts
Follow the latest reaction in our live blog
Futurism
China Finds Something Strange in Sample Retrieved From Moon
Lunar Graphene Chinese scientists have made an unusual discovery while analyzing the sample Chang'e-5 collected from the Moon's surface in December 2020. They found naturally occurring "few-layer graphene" for the first time, as state-run news agency Global Times reports, which could have major implications for our plans to make use of local resources once on […]
Associated Press
Indonesia detains 103 Taiwanese in a raid in Bali involving suspected cybercrime
Indonesian immigration authorities have detained 103 Taiwanese people after a raid at a villa on the resort island of Bali, officials said Friday. Godam said Indonesian authorities cannot charged them with conducting cybercrime.
People
Woman Devastated After She Sends Text to Father Who Died Months Earlier — and Gets Response: 'My Heart Dropped' (Exclusive)
"My heart dropped when my message turned blue and delivered," Nilufar Nizam writes on TikTok
MoneySmart
How to Take the Bus From Singapore to Johor Bahru
Craving some cheap and good makan on the weekends? It’s time to hop over the Causeway to Johor Bahru (JB). And the most convenient and cheapest way to do it... The post How to Take the Bus From Singapore to Johor Bahru appeared first on MoneySmart Blog.
AFP News
As ice melts, Everest's 'death zone' gives up its ghosts
On Everest's sacred slopes, climate change is thinning snow and ice, increasingly exposing the bodies of hundreds of mountaineers who died chasing their dream to summit the world's highest mountain.Sherpa said that bringing one body down from close to Lhotse's 8,516 metre peak -- the world's fourth-highest mountain -- had been among the hardest challenges so far.
Cosmopolitan
The Advice Matt Damon Reportedly Gave Ben Affleck as Things "Started Falling Apart" With J.Lo
Here's the advice Matt Damon reportedly gave Ben Affleck when things started "falling apart" with J.Lo.
Associated Press Videos
Three bodies found inside crater at summit of Mount Fuji
Three bodies were found at the summit of Mount Fuji, Japan’s most famous mountain. One of the bodies had been brought down from the slopes but efforts to bring back the two other bodies were set to continue Friday or later, according to officials after a search was called off for Thursday because of forecasts for heavy rainfall.
CNN
China expels two former defense ministers from Communist Party as military purge deepens
China on Thursday expelled its former Defense Minister Li Shangfu from the ruling Communist Party over corruption allegations, state broadcaster CCTV reported, eight months after he was dramatically removed from the post.
The Independent
‘I really don’t know what he said – and I don’t think he does either’: Trump pulls no punches as Biden struggles in debate
The first debate began with Biden spluttering and tripping over his own words, while Trump rambled
INSIDER
Russia is losing 1,000 soldiers a day in its relentless 'meat grinder' tactics against Ukraine: report
Russian troops are being used in head-on assaults on Ukrainian positions.
SETHLUI.COM
Owners of private diner with 2 years waitlist open curry mee stall at Havelock Food Centre
The post Owners of private diner with 2 years waitlist open curry mee stall at Havelock Food Centre appeared first on SETHLUI.com.
The Telegraph
Gareth Southgate: ‘I am the problem’
Gareth Southgate has admitted being England’s major problem at the European Championship, plunging his future as manager in doubt beyond the tournament.
The Independent
Chinese woman who tried to shield Japanese mother and her child from bus stop knife attack dies
Japanese embassy in China lowers its flag to half mast to honour victim Hu Youping’s death
Associated Press Finance
China calls on scientists of all nations to study lunar samples, but notes obstacle with the US
China's space officials said Thursday they welcomed scientists from around the world to apply to study the lunar rock samples that the Chang'e 6 probe brought back to Earth in a historic mission, but noted there were limits to that cooperation, specifically with the United States. Officials said at a televised news conference in Beijing meant to introduce the mission's achievements that any cooperation with the U.S. would be hinged on removing an American law that bans direct bilateral cooperation with NASA. "The source of the obstacle in US-China aerospace cooperation is still in the Wolf Amendment,” said Bian Zhigang, vice chair of the China National Space Administration.
Hello!
Rita Ora has coined it an itsy bitsy bikini summer once again
Rita Ora just made a case for heatwave dressing in a skimpy bikini. See photos
The Independent
Bill Gates’ daughter Jennifer is pregnant with second child
Gates is already mother to one-year-old daughter Leila

Straits Times Index

Nikkei

Hang Seng

FTSE 100

Bitcoin USD

CMC Crypto 200

S&P 500

Dow

Nasdaq

Gold

Crude Oil

10-Yr Bond

FTSE Bursa Malaysia

Jakarta Composite Index

PSE Index