The housing market in North Texas is booming, with McKinney, Frisco, Denton and Allen ranking among the top 10 best real estate markets in the U.S., according to a recent WalletHub report.
This achievement underscores the region’s economic strength and housing market appeal. The study analyzed 300 cities across 17 key metrics, including median home-price appreciation, housing affordability and job growth.
McKinney, Texas, tops the list, securing the number one spot. With 35% of its housing stock built between 2010 and 2021, McKinney provides a variety of modern homes, reducing the likelihood of costly maintenance for new buyers. Additionally, McKinney ranks among the 50 least expensive cities for maintenance and telephone costs, as well as among the 40 least expensive for energy costs, adding to its appeal. “McKinney has the 13th-highest job growth rate in the nation, at nearly 14% annually,” says Cassandra Happe, a WalletHub analyst, further cementing its status as a prime destination for real estate investment.
Following closely behind, Frisco, Texas, ranks second overall. According to the study, Frisco’s rapid expansion, particularly in infrastructure and job creation, has positioned it as a leading real estate market. The city's strategic location and amenities have drawn considerable interest from both families and businesses, making it a vibrant and dynamic community.
Denton and Allen also made impressive showings, ranking eighth and ninth, respectively. These cities benefit from North Texas's overall economic strength and proximity to major cities like Dallas and Fort Worth. Denton, known for its cultural scene and university presence, offers a unique blend of affordability and lifestyle, while Allen continues to attract residents with its family-friendly environment and high quality of life.
For more detailed insights and full rankings, view the complete WalletHub report here.
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