Real Estate Report

Tanking oil prices may curb surge in Dallas and Houston home price appreciation

According to the latest report from CoreLogic, Texas is still among the best states in the country for home appreciation, particularly in Houston and Dallas, which took the top two spots in the company’s latest pricing forecast.

Home prices in the Dallas-Plano-Irving metropolitan area were up 9.1 percent in November 2014 compared to the same period last year. On a month-over-month basis, home prices increased 0.7 percent from October 2014. That 9.1 percent increase landed the Dallas area at the No. 2 spot nationally.

Houston took the No. 1 spot, with a 10.6 percent increase from November 2013 to November 2014. At the state level, home prices rose 8.5 percent from November 2013, enough for a No. 3 ranking.

Home prices in the Dallas-Plano-Irving metropolitan area were up 9.1 percent in November 2014 compared to the same period last year.

Across the nation, home prices are up 5.5 percent from the same time period last year, with a month-over-month increase of 0.1 percent. All states showed a year-over-year home price appreciation in November, and the home price index (HPI) reached new highs in seven states, including Texas.

The U.S. has experienced 33 consecutive months of year-over-year increases; however, the national average is no longer posting double-digit increases. Sam Khater, deputy chief economist at CoreLogic, said in a release that prices in some states, including Texas, might dip as the energy market experiences a downward trend.

“After decelerating for most of the year, home price growth has been holding firm between a 5 and 6 percent growth rate for the last four months,” Khater said. “However, pockets of weakness are clear in Baltimore and Washington D.C., and three of the top four states with the highest price appreciation are energy intensive and had been benefiting from the energy boom, which is currently receding as oil prices trend downward.

“These states — Texas, Colorado and North Dakota — may see some downward pressure on prices in 2015.”

CoreLogic president and CEO Anand Nallathambi said that even with an expected drop in prices coming up, 2015 is forecasted to continue to show growth in housing appreciation.

“The pace of home price gains have slowed as we exit 2014, but this is probably only a temporary lull,” Nallathambi said. “While the CoreLogic HPI Forecast shows a slight dip in prices next month, we believe that prices will be up a year from now as continued economic growth fuels buyer confidence and their willingness to purchase a home and invest in their future.”

To determine the home price index, CoreLogic, a residential property information, analytics and services provider, looks at price, time between sales, property type, loan type and distressed sales. The CoreLogic HPI is a repeat-sales index that tracks increases and decreases in sales prices for the same single-family homes over time, which provides a more accurate “constant quality” view of pricing trends, as opposed to views of pricing trends based on analysis of all home sales.

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hottest zips

Surprising Dallas neighbor ranks among hottest ZIP codes in U.S.

City of Lavon/Facebook

Movers are loving Lavon for its small-town feel and proximity to the big city.

A recent analysis of American relocation trends has revealed the small city of Lavon outside Dallas was one of the top five hottest ZIP code for movers nationwide in October 2025.

Lavon's 75166 ZIP code ranked No. 5 on MovingPlace's new list ranking the U.S. cities with the highest number of new movers per 1,000 current residents during the month of October.

According to the study's data, 961,650 moves took place across the nation last month. Lavon (population: 13,800) saw 10.8 moves per 1,000 residents in October, the fifth highest moving rate out of all U.S. cities.

Lavon is located 32 miles northeast of Dallas in Collin County. It was praised as a highly sought-after locale for movers who want to live somewhere affordable outside Dallas while still reaping the benefits from a community with a small-town feel.

The report also added that Lavon's 75166 ZIP was the No. 1 hottest ZIP code in September, but relocations dipped 7.7 percent from September to October.

"When looking at the top ZIP codes in each state, it’s clear that less populated ZIP codes often show dramatic month-over-month increases, sometimes exceeding 100 percent," the report said. "Larger cities, by contrast, maintain consistently high move volumes without extreme spikes, because their larger populations dampen the impact of individual moves."

These are the top 10 hottest U.S. ZIP codes based on moves per capita in October:

No. 1 – 78616 in Dale, Texas
No. 2 – 34987 in Port Saint Lucie, Florida
No. 3 – 37228 in Nashville, Tennessee
No. 4 – 80019 in Aurora, Colorado
No. 5 – 75166 in Lavon, Texas
No. 6 – 32461 in Inlet Beach, Florida
No. 7 – 10004 in New York, New York
No. 8 – 43137 in Lockbourne, Ohio
No. 9 – 30346 in Atlanta, Georgia
No. 10 – 78656 in Maxwell, Texas

The hottest U.S. ZIP codes by total move volume
Five Texas ZIPs ranked among MovingPlace's separate analysis of the top 10 hottest U.S. ZIP codes based on total move volume.

McKinney's ever-popular 75071 ZIP code ranked No. 5 on the list after gaining 298 new residents last month, only 72 residents shy from No. 1-ranking Washington, D.C.'s new resident count.

This North Dallas suburb also previously ranked as the No. 8 most popular ZIP for movers during the first five months of 2025.

The report said McKinney's most attractive qualities are its safety, its high-performing schools, and its proximity to outdoor recreational activities. it also helps that the suburb consistently ranks as the No. 1 hottest housing market in America, and it frequently tops lists comparing the best cities for renters or the most affordable cities in the U.S.

The top 10 hottest American ZIP codes in October based on total move volume were:

No. 1 – 20002 in Washington, D.C.
No. 2 – 78130 in New Braunfels, Texas
No. 3 – 78641 in Leander, Texas
No. 4 – 77433 in Cypress, Texas
No. 5 – 75071 in McKinney, Texas
No. 6 –32256 in Jacksonville, Florida
No. 7 –77493 in Katy, Texas
No. 8 – 85142 in Queen Creek, Arizona
No. 9 – 98052 in Redmond, Washington
No. 10 – 28269 in Charlotte, North Carolina

suburb real estate housing market moving mckinney dallas