A new study from Texas Real Estate Source has analyzed house price data from the last 10 years to show which areas had the highest increase in property prices.
The following 10 Metropolitan areas showed the highest increase over the last decade:
- Sherman-Denison (170.84% increase)
- Austin-Round Rock (140.46% increase)
- Forth Worth Arlington (136.95% increase)
- Dallas-Fort Worth (129.38% increase)
- Dallas - Plano (127.17% increase)
- Waco (126.20% increase)
- Killeen Temple (101.93% increase)
- Brownsville-Harlingen (101.82% increase)
- Tyler (98.60% increase)
- San Antonio - New Braunfels (96.24% increase)
The Metropolitan areas with the lowest increase were Amarillo, Laredo, Odessa, Midland and Victoria.
Lubbock barely missed the top 10 coming in at an increase of 95.01% over the last 10 years. This puts Lubbock at the #12 spot right behind Corpus Christi, who had an increase of 95.49%. The rest of the Metropolitan areas' growths can be found below:
- McAllen-Edinburg-Mission (91.30%)
- Texarkana (89.99%)
- College Station-Bryan (89.76%)
- Abilene (88.34%)
- Houston-The Woodlands-Sugar Land (85.83%)
- Longview (85.59%)
- San Angelo (85.41%)
- Wichita Falls (74.03%)
- Beaumont-Port Arthur (70.86%)
- El Paso (67.83%)
- Amarillo (66.35%)
- Laredo (64.66%)
- Odessa (59.86%)
- Midland (53.02%)
- Victoria (50.12%)
The average house price for each month in 2012 and 2022 was compared for each Metropolitan Statistical Area and percentage increase was then calculated to find the growth rate. Property Price Data was sourced through Texas A&M University and the Texas Real Estate Center.
Information provided by texasrealestatesource.com.