America’s Fastest-Growing Suburbs With Home Values Under $500K in 2025

Move over, Mooresville. The North Carolina suburb, which ranked No. 1 in GOBankingRates’ 2024 study on the nation’s fastest-growing suburbs with home values under $500,000, has officially been dethroned in GOBankingRates’ original research study covering the 2025 rankings. 

The 2025 study examines all cities with home values below $500,000. These cities are part of metro statistical areas with populations above 1 million and a 9% or greater change in population from 2021 to 2023. Only 26 suburbs had qualifying home values under $500,000, compared to 50 suburbs in 2024.

• Stockbridge, Georgia, is the fastest-growing suburb with home values under $500,000 in 2025. It is the only Georgia suburb among the 26 suburbs and did not previously rank in the top 50 in 2024. The 2025 home value in Stockbridge is $303,705.
• 13 Texas suburbs ranked in 2025 — compared to eight in 2024 — accounting for half of this year’s list. Atascocita (#2), Kyle (#3), Conroe (#4), Forney (#6), Hutto (#10), New Braunfels (#11), Waxahachie (#13), Weatherford (#14), Lewisville (#17), Little Elm (#19), Georgetown (#20), Leander (#23) and Midlothian (#24) ranked as this year’s top suburbs with home values under $500,000.
• Four Florida suburbs made the 2025 ranking. They include Sun City Center (#5), Ruskin (#7), Wesley Chapel (#18) and Apollo Beach (#22). Eight Florida suburbs were featured in 2024’s ranking.
• No California suburbs made it into the 2025 ranking.

Ranked by most to least affordable home values, here are the 26 fastest-growing suburbs in America.

• Suburb of: Atlanta
• 2025 home value: $303,705
• 2021 total population: 28,567
• 2023 total population: 35,475
• 2-year population increase (%): 24.18%

• Suburb of: Houston
• 2025 home value: $321,050
• 2021 total population: 84,222
• 2023 total population: 93,926
• 2-year population increase (%): 11.52%

• Suburb of: Austin, Texas
• 2025 home value: $323,917
• 2021 total population: 45,147
• 2023 total population: 52,439
• 2-year population increase (%): 16.15%

• Suburb of: Houston
• 2025 home value: $325,425
• 2021 total population: 87,930
• 2023 total population: 96,976
• 2-year population increase (%): 10.29%

• Suburb of: Tampa-St. Petersburg, Florida
• 2025 home value: $327,924
• 2021 total population: 26,920
• 2023 total population: 31,801
• 2-year population increase (%): 18.13%

• Suburb of: Dallas-Fort Worth, Texas
• 2025 home value: $330,146
• 2021 total population: 22,770
• 2023 total population: 28,222
• 2-year population increase (%): 23.94%

• Suburb of: Tampa-St. Petersburg, Florida
• 2025 home value: $331,345
• 2021 total population: 26,536
• 2023 total population: 30,074
• 2-year population increase (%): 13.33%

• Suburb of: Memphis, Tennessee
• 2025 home value: $339,320
• 2021 total population: 39,136
• 2023 total population: 46,538
• 2-year population increase (%): 18.91%

• Suburb of: Phoenix
• 2025 home value: $360,155
• 2021 total population: 57,075
• 2023 total population: 62,986
• 2-year population increase (%): 10.36%

• Suburb of: Austin, Texas
• 2025 home value: $364,720
• 2021 total population: 26,971
• 2023 total population: 32,188
• 2-year population increase (%): 19.34%

• Suburb of: San Antonio, Texas
• 2025 home value: $368,224
• 2021 total population: 87,549
• 2023 total population: 98,700
• 2-year population increase (%): 12.74%

• Suburb of: Raleigh, North Carolina
• 2025 home value: $374,518
• 2021 total population: 25,486
• 2023 total population: 28,043
• 2-year population increase (%): 10.03%

• Suburb of: Dallas-Fort Worth, Texas
• 2025 home value: $377,490
• 2021 total population: 39,815
• 2023 total population: 43,591
• 2-year population increase (%): 9.48%

• Suburb of: Dallas-Fort Worth, Texas
• 2025 home value: $402,838
• 2021 total population: 30,385
• 2023 total population: 33,924
• 2-year population increase (%): 11.65%

• Suburb of: Phoenix
• 2025 home value: $408,220
• 2021 total population: 89,711
• 2023 total population: 99,844
• 2-year population increase (%): 11.30%

• Suburb of: Phoenix
• 2025 home value: $410,260
• 2021 total population: 96,127
• 2023 total population: 105,231
• 2-year population increase (%): 9.47%

• Suburb of: Dallas-Fort Worth, Texas
• 2025 home value: $416,508
• 2021 total population: 110,077
• 2023 total population: 128,313
• 2-year population increase (%): 16.57%

• Suburb of: Tampa-St. Petersburg, Florida
• 2025 home value: $423,390
• 2021 total population: 65,134
• 2023 total population: 71,965
• 2-year population increase (%): 10.49%

• Suburb of: Dallas-Fort Worth, Texas
• 2025 home value: $438,867
• 2021 total population: 45,124
• 2023 total population: 51,426
• 2-year population increase (%): 13.97%

• Suburb of: Austin, Texas
• 2025 home value: $450,854
• 2021 total population: 66,514
• 2023 total population: 78,803
• 2-year population increase (%): 18.48%

• Suburb of: Nashville, Tennessee
• 2025 home value: $451,321
• 2021 total population: 37,471
• 2023 total population: 41,951
• 2-year population increase (%): 11.96%

• Suburb of: Tampa-St. Petersburg, Florida
• 2025 home value: $459,379
• 2021 total population: 24,790
• 2023 total population: 28,347
• 2-year population increase (%): 14.35%

• Suburb of: Austin, Texas
• 2025 home value: $460,293
• 2021 total population: 57,696
• 2023 total population: 67,880
• 2-year population increase (%): 17.65%

• Suburb of: Dallas-Fort Worth, Texas
• 2025 home value: $460,851
• 2021 total population: 33,914
• 2023 total population: 37,256
• 2-year population increase (%): 9.85%

• Suburb of: Indianapolis
• 2025 home value: $482,509
• 2021 total population: 45,695
• 2023 total population: 51,109
• 2-year population increase (%): 11.85%

• Suburb of: Phoenix
• 2025 home value: $483,706
• 2021 total population: 93,651
• 2023 total population: 102,891
• 2-year population increase (%): 9.87%

See more original studies and surveys in the GOBankingRates original research center.

Editor’s note: Photos are for representational purposes only and might not reflect the exact locations listed.

Methodology: For this piece GOBankingRates first found the (1) two-year numerical and percent change in total population from 2021 to 2023 for all cities with populations between 25,000 and 200,000. With these cities isolated, GOBankingRates focused on all cities with a 9% or greater change in population from 2021 to 2023 AND part of metro statistical areas with above 1 million in total population AND with a 2025 home value below $500,000. All data was collected on and is up to date as of July 31, 2025.