Nine Upstate cities ranked among fastest-growing in the country and still affordable for homebuyers
Nine cities across the Upstate have been ranked among the fastest-growing cities in the country that are still affordable for homebuyers.
Finding a growing, desirable city or town where monthly housing costs, including mortgage payments, are manageable can be tough. But by using the most up-to-date data for more than 25,000 cities nationwide, LendEDU found the 1,000 cities that are projected to grow the fastest over the next five years, then ranked them according to median monthly home cost, which includes mortgage payments plus utilities.
These two aspects make these cities good locations to purchase a home and turn a profit when it’s time to sell. A total of 36 cities across South Carolina made the list, and nine of them are right here in the Upstate:
#30 – Clemson. Clemson’s population is projected to grow by 36.46% over the next five years. With a median monthly home cost of $1,049, the Pickens County town remains affordable despite its healthy expected growth rate.
#83 – Travelers Rest. Thanks in large part to the Swamp Rabbit Trail, Travelers Rest in northern Greenville County has become trendy with projected total population growth of 12.9% over the next five years. Median monthly home cost is expected to remain affordable at $1,128.
#91 – Fountain Inn. Fountain Inn in Greenville County is projected to grow a total of 25.25% over the next five years and maintain a monthly home cost of $1,141.
#126 – Rock Hill. Considered a suburb of Charlotte, NC, Rock Hill in York County is projected to grow 12.84% over the next five years but remain affordable with a median monthly cost of $1,167.
#143 – Greenville. Ranked a Top 10 Best Place to Live, Greenville’s growth has been well documented. The city’s projected population growth rate is 23.82% over the next five years, with a median monthly home cost of $1,188.
#146 – Mauldin. Mauldin is projected to grow by 11.8% over the next five years. With a median monthly home cost of $1,190, this city in Greenville County remains affordable despite a hot real estate market.
#262 – Greer. Downtown revitalization and continuing growth has population in this Greenville County city projected to grow 36.65% over the next five years, with a median monthly home cost of $1,292.
#345 – Simpsonville. This city along the Golden Strip in Greenville County is projected to grow by 22.68% in the next five years, with a median monthly home cost of $1,370.
#596 – Fort Mill. This York County town just south of Charlotte is projected to experience a 62.01% increase in population over the next five years, with a median monthly home cost of $1.627.
To see LendEDU’s entire list of The Fastest Growing Cities That Are Still Affordable For Homebuyers, go here.