In Less Than a Decade, These Will Be the Priciest 47 Southern ZIP Codes for First-Time Homebuyers
If you’re looking to buy a home in the South as a first-time homebuyer, you’ll find that some areas are naturally pricier than the others — but it’s also important to keep in mind that many areas will become even more expensive as the years go by. You might think a decade is such a long time, but the house prices in the South don’t agree.
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GOBankingRates has provided extensive data of the growing house prices in the South and how they might change over a period of 10 years. These projections are reflections of current accurate data so ensure to leave some wiggle room for miscellaneous changes. Here’s a look at pricey ZIP codes.
33480: Palm Beach, Florida
May 2024 Home Value: $11,451,221
1 Year Growth Projection(%): -0.5
2025 Projected Home Value: $11,393,965
2026 Projected Home Value: $11,336,995
2027 Projected Home Value: $11,280,310
2028 Projected Home Value: $11,223,909
2029 Projected Home Value: $11,167,789
2030 Projected Home Value: $11,111,950
2031 Projected Home Value: $11,056,390
2032 Projected Home Value: $11,001,108
2033 Projected Home Value: $10,946,103
2034 Projected Home Value: $10,891,372
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34102: Naples, Florida
May 2024 Home Value: $5,242,103
1 Year Growth Projection(%): -0.7
2025 Projected Home Value: $5,205,408
2026 Projected Home Value: $5,168,971
2027 Projected Home Value: $5,132,788
2028 Projected Home Value: $5,096,858
2029 Projected Home Value: $5,061,180
2030 Projected Home Value: $5,025,752
2031 Projected Home Value: $4,990,572
2032 Projected Home Value: $4,955,638
2033 Projected Home Value: $4,920,948
2034 Projected Home Value: $4,886,502
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29482: Sullivans Island, South Carolina
May 2024 Home Value: $4,042,439
1 Year Growth Projection(%): -0.1
2025 Projected Home Value: $4,038,397
2026 Projected Home Value: $4,034,359
2027 Projected Home Value: $4,030,324
2028 Projected Home Value: $4,026,294
2029 Projected Home Value: $4,022,268
2030 Projected Home Value: $4,018,245
2031 Projected Home Value: $4,014,227
2032 Projected Home Value: $4,010,213
2033 Projected Home Value: $4,006,203
2034 Projected Home Value: $4,002,196
33149: Key Biscayne, Florida
May 2024 Home Value: $3,930,799
1 Year Growth Projection(%): -0.8
2025 Projected Home Value: $3,899,353
2026 Projected Home Value: $3,868,158
2027 Projected Home Value: $3,837,213
2028 Projected Home Value: $3,806,515
2029 Projected Home Value: $3,776,063
2030 Projected Home Value: $3,745,854
2031 Projected Home Value: $3,715,887
2032 Projected Home Value: $3,686,160
2033 Projected Home Value: $3,656,671
2034 Projected Home Value: $3,627,418
33140: Miami Beach, Florida
May 2024 Home Value: $3,112,692
1 Year Growth Projection(%): -0.3
2025 Projected Home Value: $3,103,354
2026 Projected Home Value: $3,094,044
2027 Projected Home Value: $3,084,762
2028 Projected Home Value: $3,075,507
2029 Projected Home Value: $3,066,281
2030 Projected Home Value: $3,057,082
2031 Projected Home Value: $3,047,911
2032 Projected Home Value: $3,038,767
2033 Projected Home Value: $3,029,651
2034 Projected Home Value: $3,020,562
33139: Miami Beach, Florida
May 2024 Home Value: $2,992,245
1 Year Growth Projection(%): -0.2
2025 Projected Home Value: $2,986,261
2026 Projected Home Value: $2,980,288
2027 Projected Home Value: $2,974,328
2028 Projected Home Value: $2,968,379
2029 Projected Home Value: $2,962,442
2030 Projected Home Value: $2,956,517
2031 Projected Home Value: $2,950,604
2032 Projected Home Value: $2,944,703
2033 Projected Home Value: $2,938,814
2034 Projected Home Value: $2,932,936
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29941: Sheldon, South Carolina
May 2024 Home Value: $2,424,819
1 Year Growth Projection(%): 0.1
2025 Projected Home Value: $2,427,244
2026 Projected Home Value: $2,429,671
2027 Projected Home Value: $2,432,101
2028 Projected Home Value: $2,434,533
2029 Projected Home Value: $2,436,967
2030 Projected Home Value: $2,439,404
2031 Projected Home Value: $2,441,844
2032 Projected Home Value: $2,444,286
2033 Projected Home Value: $2,446,730
2034 Projected Home Value: $2,449,177
33156: Pinecrest, Florida
May 2024 Home Value: $2,110,976
1 Year Growth Projection(%): 0.9
2025 Projected Home Value: $2,129,874
2026 Projected Home Value: $2,149,043
2027 Projected Home Value: $2,168,384
2028 Projected Home Value: $2,187,900
2029 Projected Home Value: $2,207,591
2030 Projected Home Value: $2,227,459
2031 Projected Home Value: $2,247,506
2032 Projected Home Value: $2,267,734
2033 Projected Home Value: $2,288,143
2034 Projected Home Value: $2,308,737
33146: Coral Gables, Florida
May 2024 Home Value: $2,052,928
1 Year Growth Projection(%): 1.1
2025 Projected Home Value: $2,075,510
2026 Projected Home Value: $2,098,341
2027 Projected Home Value: $2,121,422
2028 Projected Home Value: $2,144,758
2029 Projected Home Value: $2,168,350
2030 Projected Home Value: $2,192,202
2031 Projected Home Value: $2,216,216
2032 Projected Home Value: $2,240,696
2033 Projected Home Value: $2,265,343
2034 Projected Home Value: $2,290,262
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28207: Charlotte, North Carolina
May 2024 Home Value: $1,944,682
1 Year Growth Projection(%): 1.5
2025 Projected Home Value: $1,973,852
2026 Projected Home Value: $2,003,460
2027 Projected Home Value: $2,033,512
2028 Projected Home Value: $2,064,015
2029 Projected Home Value: $2,094,975
2030 Projected Home Value: $2,126,400
2031 Projected Home Value: $2,158,296
2032 Projected Home Value: $2,190,670
2033 Projected Home Value: $2,223,530
2034 Projected Home Value: $2,256,883
75205: Highland Park, Texas
May 2024 Home Value: $2,238,843
1 Year Growth Projection(%): -0.9
2025 Projected Home Value: $2,317,794
2026 Projected Home Value: $2,296,934
2027 Projected Home Value: $2,276,261
2028 Projected Home Value: $2,255,755
2029 Projected Home Value: $2,235.473
2030 Projected Home Value: $2,215,354
2031 Projected Home Value: $2,195,416
2032 Projected Home Value: $2,175,657
2033 Projected Home Value: $2,156,076
2034 Projected Home Value: $2,136,671
28480: Wrightsville Beach, North Carolina
May 2024 Home Value: $2,071,924
1 Year Growth Projection(%): 0.1
2025 Projected Home Value: $2,073,996
2026 Projected Home Value: $2,076,070
2027 Projected Home Value: $2,078,146
2028 Projected Home Value: $2,080,224
2029 Projected Home Value: $2,082,305
2030 Projected Home Value: $2,084,387
2031 Projected Home Value: $2,086,471
2032 Projected Home Value: $2,088,558
2033 Projected Home Value: $2,090,646
2034 Projected Home Value: $2,092,737
75225: University Park, Texas
May 2024 Home Value: $2,138,287
1 Year Growth Projection(%): –0.7
2025 Projected Home Value: $2,123,319
2026 Projected Home Value: $2,108,456
2027 Projected Home Value: $2,093,697
2028 Projected Home Value: $2,079,041
2029 Projected Home Value: $2,064,487
2030 Projected Home Value: $2,050,036
2031 Projected Home Value: $2,035,686
2032 Projected Home Value: $2,021,436
2033 Projected Home Value: $2,007,286
2034 Projected Home Value: $1,993,235
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29401: Charleston, South Carolina
May 2024 Home Value: $1,860,502
1 Year Growth Projection(%): 0.2
2025 Projected Home Value: $1,864,223
2026 Projected Home Value: $1,867,952
2027 Projected Home Value: $1,871,688
2028 Projected Home Value: $1,875,431
2029 Projected Home Value: $1,879,182
2030 Projected Home Value: $1,882,940
2031 Projected Home Value: $1,886,706
2032 Projected Home Value: $1,890,479
2033 Projected Home Value: $1,894,260
2034 Projected Home Value: $1,898,049
33122: Miami, Florida
May 2024 Home Value: $1,710,996
1 Year Growth Projection(%): 1
2025 Projected Home Value: $1,728,106
2026 Projected Home Value: $1,745,388
2027 Projected Home Value: $1,762,841
2028 Projected Home Value: $1,780,470
2029 Projected Home Value: $1,798,274
2030 Projected Home Value: $1,816,257
2031 Projected Home Value: $1,834,420
2032 Projected Home Value: $1,852,764
2033 Projected Home Value: $1,871,292
2034 Projected Home Value: $1,890,005
29451: Isle of Palms, South Carolina
May 2024 Home Value: $1,861,340
1 Year Growth Projection(%): 0.1
2025 Projected Home Value: $1,863,201
2026 Projected Home Value: $1,865,064
2027 Projected Home Value: $1,866,930
2028 Projected Home Value: $1,868,796
2029 Projected Home Value: $1,870,665
2030 Projected Home Value: $1,872,536
2031 Projected Home Value: $1,874,408
2032 Projected Home Value: $1,876,283
2033 Projected Home Value: $1,878,159
2034 Projected Home Value: $1,880,037
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33483: Delray Beach, Florida
May 2024 Home Value: $1,897,098
1 Year Growth Projection(%): -0.5
2025 Projected Home Value: $1,887,613
2026 Projected Home Value: $1,878,175
2027 Projected Home Value: $1,868,784
2028 Projected Home Value: $1,859,440
2029 Projected Home Value: $1,850,143
2030 Projected Home Value: $1,840,892
2031 Projected Home Value: $1,831,687
2032 Projected Home Value: $1,822,529
2033 Projected Home Value: $1,813,416
2034 Projected Home Value: $1,803,349
33301: Fort Lauderdale, Florida
May 2024 Home Value: $1,778,446
1 Year Growth Projection(%): -0.1
2025 Projected Home Value: $1,776,668
2026 Projected Home Value: $1,774,891
2027 Projected Home Value: $1,773,116
2028 Projected Home Value: $1,771,343
2029 Projected Home Value: $1,769,5721
2030 Projected Home Value: $1,767,802
2031 Projected Home Value: $1,766,035
2032 Projected Home Value: $1,764,268
2033 Projected Home Value: $1,762,504
2034 Projected Home Value: $1,760,742
33143: South Miami, Florida
May 2024 Home Value: $1,573,664
1 Year Growth Projection(%): 1.1
2025 Projected Home Value: $1,590,575
2026 Projected Home Value: $1,608,475
2027 Projected Home Value: $1,626,169
2028 Projected Home Value: $1,644,057
2029 Projected Home Value: $1,662,141
2030 Projected Home Value: $1,680,425
2031 Projected Home Value: $1,689,909
2032 Projected Home Value: $1,717,597
2033 Projected Home Value: $1,736,491
2034 Projected Home Value: $1,755,942
30327: Atlanta
May 2024 Home Value: $1,627,602
1 Year Growth Projection(%): 0.3
2025 Projected Home Value: $1,632,485
2026 Projected Home Value: $1,637,383
2027 Projected Home Value: $1,642,295
2028 Projected Home Value: $1,647,222
2029 Projected Home Value: $1,652,163
2030 Projected Home Value: $1,657,120
2031 Projected Home Value: $1,662,091
2032 Projected Home Value: $1,667,078
2033 Projected Home Value: $1,672,079
2034 Projected Home Value: $1,667,095
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33154: Bal Harbour, Florida
May 2024 Home Value: $1,641,139
1 Year Growth Projection(%): 0.1
2025 Projected Home Value: $1,642,780
2026 Projected Home Value: $1,644,423
2027 Projected Home Value: $1,646,067
2028 Projected Home Value: $1,647,713
2029 Projected Home Value: $1,649,361
2030 Projected Home Value: $1,651,010
2031 Projected Home Value: $1,652,661
2032 Projected Home Value: $1,654,314
2033 Projected Home Value: $1,655,968
2034 Projected Home Value: $1,657,624
33432: Boca Raton, Florida
May 2024 Home Value: $1,683,361
1 Year Growth Projection(%): -0.4
2025 Projected Home Value: $1,676,628
2026 Projected Home Value: $1,669,921
2027 Projected Home Value: $1,663,242
2028 Projected Home Value: $1,656,589
2029 Projected Home Value: $1,649,962
2030 Projected Home Value: $1,643,362
2031 Projected Home Value: $1,636,789
2032 Projected Home Value: $1,630,242
2033 Projected Home Value: $1,623,721
2034 Projected Home Value: $1,617,226
33133: Miami
May 2024 Home Value: $1,441,418
1 Year Growth Projection(%): 0.4
2025 Projected Home Value: $1,447,184
2026 Projected Home Value: $1,452,972
2027 Projected Home Value: $1,458,784
2028 Projected Home Value: $1,464,619
2029 Projected Home Value: $1,470,478
2030 Projected Home Value: $1,476,360
2031 Projected Home Value: $1,482,265
2032 Projected Home Value: $1,488,194
2033 Projected Home Value: $1,494,147
2034 Projected Home Value: $1,500,124
28717: Cashiers, North Carolina
May 2024 Home Value: $1,376,858
1 Year Growth Projection(%): 0.8
2025 Projected Home Value: $1,387,873
2026 Projected Home Value: $1,398,976
2027 Projected Home Value: $1,410,168
2028 Projected Home Value: $1,421,449
2029 Projected Home Value: $1,432,821
2030 Projected Home Value: $1,444,284
2031 Projected Home Value: $1,455,838
2032 Projected Home Value: $1,467,485
2033 Projected Home Value: $1,479,225
2034 Projected Home Value: $1,491,058
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34145: Marco Island, Florida
May 2024 Home Value: $1,555,821
1 Year Growth Projection(%): –0.5
2025 Projected Home Value: $1,548,041
2026 Projected Home Value: $1,540,301
2027 Projected Home Value: $1,532,600
2028 Projected Home Value: $1,524,937
2029 Projected Home Value: $1,517,312
2030 Projected Home Value: $1,509,725
2031 Projected Home Value: $1,502,177
2032 Projected Home Value: $1,494,666
2033 Projected Home Value: $1,487,193
2034 Projected Home Value: $1,479,757
77005: Houston
May 2024 Home Value: $1,564,248
1 Year Growth Projection(%): –0.6
2025 Projected Home Value: $1,554,863
2026 Projected Home Value: $1,545,534
2027 Projected Home Value: $1,536,260
2028 Projected Home Value: $1,527,043
2029 Projected Home Value: $1,517,881
2030 Projected Home Value: $1,508,773
2031 Projected Home Value: $1,491,721
2032 Projected Home Value: $1,490,722
2033 Projected Home Value: $1,481,778
2034 Projected Home Value: $1,472,887
77024: Houston
May 2024 Home Value: $1,540,475
1 Year Growth Projection(%): -0.5
2025 Projected Home Value: $1,532,772
2026 Projected Home Value: $1,525,109
2027 Projected Home Value: $1,517,483
2028 Projected Home Value: $1,509,896
2029 Projected Home Value: $1,502,346
2030 Projected Home Value: $1,494,834
2031 Projected Home Value: $1,487,360
2032 Projected Home Value: $1,479,923
2033 Projected Home Value: $1,472,524
2034 Projected Home Value: $1,465,161
33316: Fort Lauderdale, Florida
May 2024 Home Value: $1,528,585
1 Year Growth Projection(%): -0.5
2025 Projected Home Value: $1,520,942
2026 Projected Home Value: $1,513,338
2027 Projected Home Value: $1,505,771
2028 Projected Home Value: $1,498,242
2029 Projected Home Value: $1,490,751
2030 Projected Home Value: $1,483,297
2031 Projected Home Value: $1,475,881
2032 Projected Home Value: $1,468,501
2033 Projected Home Value: $1,461,159
2034 Projected Home Value: $1,453,853
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32963: Indian River Shores, Florida
May 2024 Home Value: $1,390,246
1 Year Growth Projection(%): 0.4
2025 Projected Home Value: $1,395,807
2026 Projected Home Value: $1,401,390
2027 Projected Home Value: $1,406,996
2028 Projected Home Value: $1,412,624
2029 Projected Home Value: $1,418,274
2030 Projected Home Value: $1,423,947
2031 Projected Home Value: $1,429,643
2032 Projected Home Value: $1,435,362
2033 Projected Home Value: $1,441,103
2034 Projected Home Value: $1,446,868
78746: West Lake Hills, Texas
May 2024 Home Value: $1,916,276
1 Year Growth Projection(%): -2.8
2025 Projected Home Value: $1,862,620
2026 Projected Home Value: $1,810,467
2027 Projected Home Value: $1,759,773
2028 Projected Home Value: $1,710,500
2029 Projected Home Value: $1,662,606
2030 Projected Home Value: $1,616,053
2031 Projected Home Value: $1,570,803
2032 Projected Home Value: $1,526,821
2033 Projected Home Value: $1,484,070
2034 Projected Home Value: $1,442,516
29439: Folly Beach, South Carolina
May 2024 Home Value: $1,411,734
1 Year Growth Projection(%): -0.1
2025 Projected Home Value: $1,410,322
2026 Projected Home Value: $1,408,912
2027 Projected Home Value: $1,407,503
2028 Projected Home Value: $1,406,095
2029 Projected Home Value: $1,404,689
2030 Projected Home Value: $1,403,285
2031 Projected Home Value: $1,401,881
2032 Projected Home Value: $1,400,479
2033 Projected Home Value: $1,399,079
2034 Projected Home Value: $1,397,680
33141: Miami Beach, Florida
May 2024 Home Value: $1,466,079
1 Year Growth Projection(%): -0.5
2025 Projected Home Value: $1,458,749
2026 Projected Home Value: $1,451,455
2027 Projected Home Value: $1,444,198
2028 Projected Home Value: $1,436,977
2029 Projected Home Value: $1,429,792
2030 Projected Home Value: $1,422,643
2031 Projected Home Value: $1,415,530
2032 Projected Home Value: $1,408,452
2033 Projected Home Value: $1,401,410
2034 Projected Home Value: $1,394,403
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34242: Siesta Key, Florida
May 2024 Home Value: $1,543,745
1 Year Growth Projection(%): -1.1
2025 Projected Home Value: $1,526,764
2026 Projected Home Value: $1,509,969
2027 Projected Home Value: $1,493,360
2028 Projected Home Value: $1,476,933
2029 Projected Home Value: $1,460,686
2030 Projected Home Value: $1,444,619
2031 Projected Home Value: $1,428,728
2032 Projected Home Value: $1,413,012
2033 Projected Home Value: $1,397,469
2034 Projected Home Value: $1,382,097
29928: Hilton Head Island, South Carolina
May 2024 Home Value: $1,553,568
1 Year Growth Projection(%): -1.4
2025 Projected Home Value: $1,531,818
2026 Projected Home Value: $1,510,373
2027 Projected Home Value: $1,489,227
2028 Projected Home Value: $1,468,378
2029 Projected Home Value: $1,447,821
2030 Projected Home Value: $1,427,551
2031 Projected Home Value: $1,407,566
2032 Projected Home Value: $1,387,860
2033 Projected Home Value: $1,368,430
2034 Projected Home Value: $1,349,272
33158: Village of Palmetto Bay, Florida
May 2024 Home Value: $1,253,206
1 Year Growth Projection(%): 0.7
2025 Projected Home Value: $1,261,979
2026 Projected Home Value: $1,270,813
2027 Projected Home Value: $1,279,708
2028 Projected Home Value: $1,288,666
2029 Projected Home Value: $1,297,687
2030 Projected Home Value: $1,306,771
2031 Projected Home Value: $1,315,918
2032 Projected Home Value: $1,325,130
2033 Projected Home Value: $1,334,405
2034 Projected Home Value: $1,343,746
78703: Austin, Texas
May 2024 Home Value: $1,684,259
1 Year Growth Projection(%): -2.3
2025 Projected Home Value: $1,645,522
2026 Projected Home Value: $1,607,675
2027 Projected Home Value: $1,570,698
2028 Projected Home Value: $1,534,572
2029 Projected Home Value: $1,499,277
2030 Projected Home Value: $1,464,793
2031 Projected Home Value: $1,431,103
2032 Projected Home Value: $1,398,188
2033 Projected Home Value: $1,366,029
2034 Projected Home Value: $1,334,611
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33786: Belleair Beach, Florida
May 2024 Home Value: $1,320,990
1 Year Growth Projection(%): 0.1
2025 Projected Home Value: $1,322,311
2026 Projected Home Value: $1,323,634
2027 Projected Home Value: $1,324,957
2028 Projected Home Value: $1,326,282
2029 Projected Home Value: $1,327,609
2030 Projected Home Value: $1,328,936
2031 Projected Home Value: $1,330,265
2032 Projected Home Value: $1,331,595
2033 Projected Home Value: $1,332,927
2034 Projected Home Value: $1,334,260
37215: Nashville, Tennessee
May 2024 Home Value: $1,349,957
1 Year Growth Projection(%): -0.2
2025 Projected Home Value: $1,347,257
2026 Projected Home Value: $1,344,563
2027 Projected Home Value: $1,341,874
2028 Projected Home Value: $1,339,190
2029 Projected Home Value: $1,336,512
2030 Projected Home Value: $1,333,838
2031 Projected Home Value: $1,331,171
2032 Projected Home Value: $1,328,508
2033 Projected Home Value: $1,325,851
2034 Projected Home Value: $1,323,200
32236: Serasota, Florida
May 2024 Home Value: $1,431,979
1 Year Growth Projection(%): -0.9
2025 Projected Home Value: $1,419,091
2026 Projected Home Value: $1,406,319
2027 Projected Home Value: $1,393,662
2028 Projected Home Value: $1,381,119
2029 Projected Home Value: $368,689
2030 Projected Home Value: $1,356,371
2031 Projected Home Value: $1,344,164
2032 Projected Home Value: $1,332,066
2033 Projected Home Value: $1,320,078
2034 Projected Home Value: $1,308,197
20008: Washington, D.C.
May 2024 Home Value: $1,678,464
1 Year Growth Projection(%): -2.5
2025 Projected Home Value: $1,636,503
2026 Projected Home Value: $1,595,590
2027 Projected Home Value: $1,555,700
2028 Projected Home Value: $1,516,808
2029 Projected Home Value: $1,478,888
2030 Projected Home Value: $1,441,915
2031 Projected Home Value: $1,405,868
2032 Projected Home Value: $1,370,721
2033 Projected Home Value: $1,336,453
2034 Projected Home Value: $1,303,041
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32461: Panama City Beach, Florida
May 2024 Home Value: $1,666,122
1 Year Growth Projection(%): -2.6
2025 Projected Home Value: $1,622,803
2026 Projected Home Value: $1,580,610
2027 Projected Home Value: $1,539,514
2028 Projected Home Value: $1,499,487
2029 Projected Home Value: $1,460,500
2030 Projected Home Value: $1,422,527
2031 Projected Home Value: $1,385,541
2032 Projected Home Value: $1,349,517
2033 Projected Home Value: $1,314,430
2034 Projected Home Value: $1,280,255
29685: Sunset, South Carolina
May 2024 Home Value: $1,279,351
1 Year Growth Projection(%): -0.1
2025 Projected Home Value: $1,278,072
2026 Projected Home Value: $1,276,794
2027 Projected Home Value: $1,275,517
2028 Projected Home Value: $1,274,242
2029 Projected Home Value: $1,272,967
2030 Projected Home Value: $1,271,694
2031 Projected Home Value: $1,270,423
2032 Projected Home Value: $1,269,152
2033 Projected Home Value: $1,267,883
2034 Projected Home Value: $1,266,615
34108: Naples, Florida
May 2024 Home Value: $1,370,348
1 Year Growth Projection(%): -0.8
2025 Projected Home Value: $1,359,386
2026 Projected Home Value: $1,348,511
2027 Projected Home Value: $1,337,723
2028 Projected Home Value: $1,327,021
2029 Projected Home Value: $1,316,405
2030 Projected Home Value: $1,305,873
2031 Projected Home Value: $1,295,426
2032 Projected Home Value: $1,285,063
2033 Projected Home Value: $1,274,782
2034 Projected Home Value: $1,264,584
22101: McLean, Virginia
May 2024 Home Value: $1,602,793
1 Year Growth Projection(%): -2.4
2025 Projected Home Value: $1,564,326
2026 Projected Home Value: $1,526,782
2027 Projected Home Value: $1,490,139
2028 Projected Home Value: $1,454,376
2029 Projected Home Value: $1,419,471
2030 Projected Home Value: $1,385,404
2031 Projected Home Value: $1,352,154
2032 Projected Home Value: $1,319,702
2033 Projected Home Value: $1,288,029
2034 Projected Home Value: $1,257,117
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33137 Miami
May 2024 Home Value: $1,307,126
1 Year Growth Projection(%): -0.4
2025 Projected Home Value: $1,301,897
2026 Projected Home Value: $1,296,690
2027 Projected Home Value: $1,291,503
2028 Projected Home Value: $1,286,337
2029 Projected Home Value: $1,281,192
2030 Projected Home Value: $1,276,067
2031 Projected Home Value: $1,270,963
2032 Projected Home Value: $1,265,879
2033 Projected Home Value: $1,260,815
2034 Projected Home Value: $1,255,772
33037: Key Largo, Florida
May 2024 Home Value: $1,100,303
1 Year Growth Projection(%): 1.3
2025 Projected Home Value: $1,114,607
2026 Projected Home Value: $1,129,097
2027 Projected Home Value: $1,143,775
2028 Projected Home Value: $1,158,644
2029 Projected Home Value: $1,173,707
2030 Projected Home Value: $1,188,965
2031 Projected Home Value: $1,204,421
2032 Projected Home Value: $1,220,079
2033 Projected Home Value: $1,235,940
2034 Projected Home Value: $1,252,007
33160: North Miami Beach, Florida
May 2024 Home Value: $1,314,954
1 Year Growth Projection(%): -0.5
2025 Projected Home Value: $1,308,379
2026 Projected Home Value: $1,301,837
2027 Projected Home Value: $1,295,328
2028 Projected Home Value: $1,288,851
2029 Projected Home Value: $1,282,407
2030 Projected Home Value: $1,275,995
2031 Projected Home Value: $1,269,615
2032 Projected Home Value: $1,263,267
2033 Projected Home Value: $1,256,951
2034 Projected Home Value: $1,250,666
Methodology: GOBankingRates took the overall U.S. median home value and projected its growth and decline over 10 years using Zillow’s May 2024-25 one-year forecast. This projection was then compared to the projections of the Southern (AL, AR, DE, DC, FL, GA, KY, LA, MD, MS, NC, OK, SC, TN, TX, VA, and WV) ZIP codes that currently have home prices below the national median, with those rising above the national average in the next 10 years (plus its projected growth rate over the same period) being deemed “a place you could no longer afford.” For each Southern ZIP code over the next decade, GOBankingRates found the following factors: (1) year the Southern ZIP code will become a “place you could no longer afford”; (2) projected home value for that year; and (3) U.S. average projected home value for that year. NOTE: GOBankingRates does not expect growth in home value to stay stagnant at one current rate for the next decade, but using these constant figures gives us an idea where certain markets are heading without unforeseen market disruptors in the future. All data used to conduct this study was compiled and verified on June 18, 2024.
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This article originally appeared on GOBankingRates.com: In Less Than a Decade, These Will Be the Priciest 47 Southern ZIP Codes for First-Time Homebuyers