Two High Desert cities make list of America’s fastest growing suburbs with homes values under $500K

Published on

SAN BERNARDINO COUNTY – GOBankingRates published, August 28, a list of the top 50 fastest growing suburbs in America with home values under $500,000. 

Two High Desert communities made the list – Victorville (47) and Adelanto (37).

The list highlights affordable, high-growth housing markets that offer strong investment potential and reflect broader real estate trends.

There is an increasing demand for affordable housing as urban areas become more expensive. In addition, migration toward suburban regions is driven by remote work flexibility. 

The growth of secondary cities offers better cost of living, quality of life, and potential for real estate appreciation. 

Victorville and Adelanto

Also contributing to these growing housing markets is the rise of suburban infrastructure development and investment in local economies.

Victorville, number 47 on the list, with a population increase of 9.32% and average home value of  $437,837 is expanding business within the city that includes:

  • A recently approved 6 million sq.ft. of planned industrial development located at the Southern California Logistics Airport; 
  • 10 active single-family developments underway;
  • The grand opening of a Sprouts Farmers Market store;
  • Awarding five business owners $50,000 to make facade improvements and correct certain code violations in Old Town on Route 66;
  • A new library under development.

Adelanto coming in number 37 on the list with a population increase of 10.87% and average home value of $397,484 is also expanding business within the city that includes:

  • AES Solar Farm;
  • Multiple large single family residential tracts;
  • Copart Auto Auctions;
  • General Atomics manufacturing;
  • XPO Logistics.

Coming interest rate cuts

Federal Reserve bankers indicated they are prepared to cut interest rates in the coming weeks, a move that generally leads to lower mortgage rates, making borrowing cheaper for homebuyers.

To read the full GoBankingRates click here.

RELATED: New report says 2 SoCal counties are most vulnerable to housing market troubles 

spot_img

Latest articles

LA28 Olympics brings in hiring firm to build 5,000-person workforce

CALIFORNIA – LA28 Olympic and Paralympic Games announced January 27 that it will work...

California to award up to $200,000 grants to nonprofits for financial education

CALIFORNIA — The California Department of Financial Protection and Innovation (DFPI), through its CalMoneySmart...

Public servants and military families can get up to $24,000 in down-payment aid and $9,000 grants

CALIFORNIA — As housing costs continue to rise across the state, new and expanded...

California couple charged with $100 Million fraud

CALIFORNIA – The U.S. Department of Justice (DOJ) announced January 21 that a California...

More like this

Police, firefighters can access up to $24,000 in down payment assistance, $9,000 in grants

CALIFORNIA — Expanded grant and down-payment assistance programs are being rolled out to support...

Teacher Next Door boosts home buying with $9,000 grants, $24,000 down-payment aid

CALIFORNIA — Teachers across the nation – including California, may find it easier to...

California revives Dream For All homebuyer program with up to $150,000 in assistance

CALIFORNIA – The California Housing Finance Agency (CalHFA) announced that pre-registration for the Dream...