Revealed: The fastest-growing suburbs with home values under $500K

With the median house price inching towards $600,000 in New York, many Empire State residents are relocating to other parts of the country to enter an increasingly competitive real estate market.For those who haven’t made the move, they may be enticed by the places appearing on a new list published by GOBankingRates.Using data from Zillow’s Home Value Index and the US Census data from 2021 and 2023, the company has compiled “America’s Fastest-Growing Suburbs With Home Values Under $500K in 2025.”Stockbridge, a suburb of Atlanta, Georgia, was named the country’s fastest-growing suburb, with an increase of 6,908 residents in just two years — a sizable 24.18% increase in its overall population.

No doubt, new residents are taking advantage of the affordable real estate, with the average home value in the area $303,705.The booming suburb, located just 35 minutes from Atlanta’s downtown area, also boasts access to outdoor recreation, including the nearby Panola Mountain State Park.

Stockbridge was the only suburb in Georgia to make GOBankingRate’s top 50 list.Unsurprisingly, however, other Southern and Southwestern states featured heavily, with residents from both the Northeast and West Coast migrating there in an attempt to make their money stretch further.

A considerable 13 Texas locales made the list, including Tascocita, a suburb of Houston, which came in second spot.Kyle, a suburb of Austin, Texas, rounded out the top three, with an increase of 16.15% in its population in just two years.

While Austin’s real estate market has soared over the past decade, , the average home value in Kyle is $323,917, making it one of the most affordable neighborhoods in the city.Florida, Arizona, North Carolina, and Tennessee also had suburbs appear on the list, as did Indiana.

Westfield, a suburb of Indianapolis, has seen a surge in residents, enticed by an average home value of $482,509....