About 1.5% of U.S. home sales occur near large data centers, a figure doubling since 2018 and expected to exceed 2% by 2027. Data centers are increasingly located in lower-income, rural areas farther from city centers, raising concerns about resources and infrastructure. Home prices near new centers show minimal long-term change, but housing inventory increases. Property tax rates near data centers slightly rise after three years, offering no clear homeowner tax benefit.