Top Ten Real Estate Markets Rated by WalletHub 2024:
A recent WalletHub study has spotlighted the top real estate markets for 2024, with Texas cities making a significant impact. The Dallas-Fort Worth area stands out, with McKinney and Frisco leading the list, celebrated for their booming job markets, top-rated schools, and lively communities. Denton, recognized for its vibrant arts scene and strategic location near major urban centers, and Allen, known for its family-friendly neighborhoods and thriving retail sector, also earned top rankings.
These cities not only highlight the strength of the Texas real estate market but also underscore the Dallas-Fort Worth area as a prime destination for homebuyers and investors. Altogether, Texas cities claimed four of the top ten spots in the U.S. real estate market rankings for 2024, showcasing the state's continued appeal and robust housing market.
1. McKinney, TX - A vibrant community known for its historic charm, excellent schools, and strong job market, making it a top destination for families and professionals.
- Population: Approximately 213,000.
- Housing: Known for its historic downtown and rapidly expanding suburban areas, McKinney offers a mix of older homes and new developments. The median home price is around $475,000, reflecting its strong demand and attractive living environment.
2. Frisco, TX - A rapidly growing city with a thriving economy, top-tier schools, and major corporate headquarters, attracting residents and investors alike.
- Population: About 230,000.
- Housing: Frisco is one of the fastest-growing cities in the U.S., with a booming real estate market. The city is known for its master-planned communities and luxury homes, with a median home price of around $600,000, driven by its excellent schools and proximity to major corporate headquarters.
3. Cary, NC - Located in the Research Triangle, Cary offers suburban comfort with close proximity to tech hubs, making it ideal for professionals and families.
4. Nashville, TN - Known for its booming music industry and cultural appeal, Nashville continues to be a strong real estate market with diverse housing options.
5. Durham, NC - Part of the Research Triangle, Durham blends historic charm with modern development, attracting tech professionals and families.
6. Gilbert, AZ - One of Arizona’s fastest-growing communities, Gilbert is favored for its sunny climate, family-friendly environment, and high quality of life.
7. Charlotte, NC - A thriving financial hub with a diverse economy, Charlotte is a major player in the real estate market, attracting a wide range of buyers.
8. Denton, TX - With its vibrant arts scene and proximity to major Texas cities, Denton offers a unique mix of small-town charm and big-city amenities.
- Population: Approximately 160,000.
- Housing: Denton combines a vibrant arts scene with a college-town atmosphere, thanks to the University of North Texas and Texas Woman's University. The housing market includes a variety of historic homes and new developments, with a median home price of around $380,000.
9. Allen, TX - Recognized for its high-performing schools, family-friendly neighborhoods, and strong retail sector, Allen is a key market in Texas real estate.
- Population: Roughly 113,000.
- Housing: Allen is known for its family-friendly neighborhoods and high-performing schools. The housing market is robust, featuring a mix of townhomes, single-family homes, and luxury estates, with a median home price of about $525,000, reflecting its strong community appeal.
10. Port St. Lucie, FL - An affordable and growing market in Florida, Port St. Lucie appeals to both retirees and young families seeking a warm climate and relaxed lifestyle.
Our DFW Realtors specialize in Dallas-Ft. Worth luxury real estate, new construction homes, condos, townhomes, lofts and apartments. For more information on the top cities and neighborhoods in the Dallas-Ft. Worth real estate market, contact one of our Realtors today! For a complete list of the top real estate markets by Wallethub, visit Top U.S Real Estate Markets 2024.
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