The 25 US suburbs where home values are growing the fastest, ranked

The 25 US suburbs where home values are growing the fastest, ranked
  • Americans areflocking to the suburbs.
  • A recent study by theUS Census Bureau shows that suburbs in the South and West are growing in popularity and price.
  • Business Insider teamed up withZillow to take a look at the top 25 US suburbs where median home values have grown the most from May 2014 to May 2019.
  • Visit Business Insider’s homepage for more stories.

City-dwellers are ditching the hustle and bustle of city life and moving to the suburbs in search ofaffordable housing, more space, and quieter streets.

The suburbs seeing the most growth are located in the southern and western regions of the US. According to a recentstudy by the US Census Bureau, counties in the South and West saw more people move in than move out between July 1, 2017, and July 1, 2018. Just consider Florida, whichwelcomed about 566,000 new residents in 2017 andsaw a 4.7% year-over-year home value increase to $233,2oo in 2019.

Read more: The 25 US cities where rent is increasing the fastest, ranked

Rising home values in Florida put their prices on par with thecurrent US median home value, which has increased 5.4% over the past year to $226,800.

Business Insider teamed up withZillow to find the 25 suburbs where median home values have grown the most from May 2014 to May 2019. Of those listed, 12 are located in Florida and three are in Georgia.

For the purposes of this list, we considered suburbs that have a population between 50,000 and 100,000. Keep reading to see the 25 suburbs where median home values are increasing the fastest, ranked from the lowest to the highest rate of increase.

Lynnwood, Washington: Over the past five years, the median home value in Lynnwood has increased by 66.3%.

Median home value: $499,100

Population: 84,100

Lynnwood, Washington isaround 25 minutes away from Seattle by car.

DeSoto, Texas: Over the past five years, the median home value in DeSoto has increased by 67.4%.

Median home value: $223,000

Population: 53,100

DeSoto, Texas isaround 25 minutes away from Dallas by car.

Union City, New Jersey: Over the past five years, the median home value in Union City has increased by 67.8%.

Median home value: $433,700

Population: 68,400

Union City, New Jersey isaround 20 minutes away from Hoboken by car.

Kendale Lakes, Florida: Over the past five years, the median home value in Kendale Lakes has increased by 68.6%.

Median home price: $253,900

Population: 59,700

Kendale Lakes, Florida isaround 35 minutes away from Miami by car.

Shoreline, Washington: Over the past five years, the median home value in Shoreline has increased by 69.4%.

Median home price: $566,600

Population: 53,200

Shoreline, Washington isaround 25 minutes away from Seattle by car.

Plant City, Florida: Over the past five years, the median home value in Plant City has increased by 70.5%.

Median home price: $191,300

Population: 78,500

Plant City, Florida isaround 30 minutes away from Tampa by car.

Margate, Florida: Over the past five years, the median home value in Margate has increased by 73.3%.

Median home price: $205,400

Population: 55,100

Margate, Florida isaround 25 minutes away from Fort Lauderdale by car.

Tamarac, Florida: Over the past five years, the median home value in Tamarac has increased by 73.6%.

Median home price: $190,600

Population: 63,100

Tamarac, Florida isaround 25 minutes away from Fort Lauderdale by car.

Sunrise, Florida: Over the past five years, the median home value in Sunrise has increased by 73.9%.

Median home price: $230,100

Population: 90,000

Sunrise, Florida isaround 25 minutes away from Fort Lauderdale by car.

Dearborn Heights, Michigan: Over the past five years, the median home value in Dearborn Heights has increased by 74%.

Median home price: $126,700

Population: 56,300

Dearborn Heights, Michigan isaround 25 minutes away from Detroit by car.

Deerfield Beach, Florida: Over the past five years, the median home value in Deerfield Beach has increased by 75.1%.

Median home price: $181,600

Population: 76,200

Deerfield Beach, Florida isaround 22 minutes away from Fort Lauderdale by car.

Largo, Florida: Over the past five years, the median home value in Largo has increased by 75.3%.

Median home price: $195,800

Population: 83,200

Largo, Florida isaround 35 minutes away from Tampa by car.

Taylor, Michigan: Over the past five years, the median home value in Taylor has increased by 76.4%.

Median home price: $105,300

Population: 61,700

Taylor, Michigan isaround 25 minutes away from Detroit by car.

Covington, Georgia: Over the past five years, the median home value in Covington has increased by 76.7%.

Median home price: $159,700

Population: 89,100

Covington, Georgia isaround 45 minutes away from Atlanta by car.

Griffin, Georgia: Over the past five years, the median home value in Griffin has increased by 76.8%.

Median home price: $124,300

Population: 55,200

Griffin, Georgia isaround 55 minutes away from Atlanta by car.

Southfield, Michigan: Over the past five years, the median home value in Southfield has increased by 78.2%.

Median home price: $177,100

Population: 73,100

Southfield, Michigan isaround 20 minutes away from Detroit by car.

Plainfield, New Jersey: Over the past five years, the median home value in Plainfield has increased by 79.9%.

Median home price: $254,400

Population: 50,600

Plainfield, New Jersey isaround 30 minutes away from Newark by car.

Spring Hill, Florida: Over the past five years, the median home value in Spring Hill has increased by 80.1%.

Median home price: $164,800

Population: 97,100

Spring Hill, Florida isaround 58 minutes away from Tampa.

Town ‘n’ Country, Florida: Over the past five years, the median home value in Town ‘n’ Country has increased by 81.4%.

Median home price: $211,000

Population: 80,500

Town ‘n’ Country, Florida isaround 20 minutes away from Tampa.

Cicero, Illinois: Over the past five years, the median home value in Cicero has increased by 84.6%.

Median home price: $175,200

Population: 84,000

Cicero, Illinois isaround 25 minutes away from Chicago.

Lauderhill, Florida: Over the past five years, the median home value in Lauderhill has increased by 86.2%.

Median home price: $124,200

Population: 71,100

Lauderhill, Florida isaround 15 minutes away from Fort Lauderdale by car.

Waukegan, Illinois: Over the past five years, the median home value in Waukegan has increased by 90.9%.

Median home price: $130,400

Population: 85,900

Waukegan, Illinois isaround an hour away from Milwaukee, Wisconsin by car.

Homestead, Florida: Over the past five years, the median home value in Homestead has increased by 92.7%.

Median home price: $213,100

Population: 77, 200

Homestead, Florida isaround 50 minutes away from Miami by car.

Riverdale, Georgia: Over the past five years, the median home value in Riverdale has increased by 107%.

Median home price: $115,100

Population: 59,000

Riverdale, Georgia isaround 25 minutes away from Atlanta by car.

North Miami, Florida: Over the past five years, the median home value in North Miami has increased by 132.9%.

Median home price: $233,800

Population: 62,300

North Miami, Florida isaround 20 minutes away from Miami by car.

SEE ALSO:The most expensive and affordable states to buy a house, ranked

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