US Data Centers Split Housing Outcomes

A current trade-group study found no single nationwide pattern: data center concentration aligned with stronger home values and jobs, but also higher utility costs.
Across the US, data centers remained rare: 92% of counties had none, just 1% had 10+, and the top 10 counties held 42%.
Counties with 10+ facilities showed a $431.75K median home value and ~$89K household income, versus $174.5K and ~$64K where none existed.
Broker feedback stayed mixed for homes: 25% saw nearby residential gains, 22% saw declines; commercially, 50% saw value gains and 42% stronger land demand.
Energy costs led client concerns at 61%, followed by water use at 56%; that made local market intelligence especially valuable in affected communities.