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    We're Recession-Proof

    Hot Dallas housing market leads nation in recovery from recession

    Molly McManus
    Mar 23, 2016 | 9:05 am
    3432 Southwestern in Dallas
    Dallas places in the No. 5 spot for most-recovered housing markets in the nation.
    Photo courtesy of New Friends New Life

    They say Dallas is recession-proof, and a new real estate report backs up that sentiment. Online mortgage and loan resource center HSH.com reveals which metros have bounced back the most from the Great Recession — and Dallas is definitely up there.

    Using data from the federal home price index from 1991 through the fourth quarter of 2015, HSH.com created a "home price recovery index." The data shows each market's pre-housing-crisis peak value, bottom value, and current housing value.

    It should come as no surprise that Dallas-Plano-Irving places in the No. 5 spot among the metro areas that have recovered the most since the recession. Our housing market has continued to increase dramatically over the past couple of years, and because of this, home prices in Dallas are a whopping 35 percent above their pre-housing-crisis peak value. The current value is $235,080, compared to $172,900 before the recession. The Denver metro area has recovered the most, at 45.29 percent.

    Most of the metro areas in our great state have experienced major recovery. Austin-Round Rock takes the No. 2 spot, with home prices that are a staggering 44 percent higher than the pre-recession peak. Houston-The Woodlands-Sugar Land is at No. 3, and Fort Worth-Arlington follows at No. 6. San Antonio was bumped from the top 10 by Honolulu and Oklahoma City.

    To understand what these numbers mean for home prices, HSH.com offers a “home value estimator,” which allows homeowners to see how the price change in Dallas has affected the value of their home. And, as you may have already guessed, if you own property in Dallas, you can expect to see big numbers that indicate a great return on your investment.

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    news/real-estate

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    The Boom Continues

    Booming DFW ZIPs among 10 fastest-growing new neighborhoods in U.S.

    Amber Heckler
    May 15, 2026 | 9:17 am
    Overhead view of a neighborhood in Keller, Texas
    Photo by Braden Egli on Unsplash
    Dallas keeps on growing.

    As Texas' ever-growing population generates more demand among regional housing markets, two Dallas-area ZIP codes have seen more growth than nearly all other ZIPs in the state — and in the country.

    75078 in Prosper and 75454 in Melissa respectfully ranked as the ninth and 10th in RentCafe's new study that analyzed the 50 fastest-growing "new neighborhoods" in America "that barely existed a decade ago." One more North Texas ZIP in Fort Worth also made the top 10.

    The study reviewed housing inventory and population growth across 32,000 U.S. ZIP codes and narrowed down the search to the top 50 locales that experienced a 51 percent minimum surge in new housing units from 2014-2023.

    Overall, Texas dominated the list with 17 of the nation's 50 booming new neighborhoods.

    The report's findings revealed Prosper has more than tripled its housing inventory to 14,409 units, up from about 4,200 units in 2014. The area's population has also more than tripled, from 13,229 to 46,857 residents as of 2023.

    Melissa's population has surged 211.2 percent over the last decade, from 6,471 to 20,137 residents, and housing inventory soared 222 percent to keep pace with the growth. A recent boom in apartment construction is a major factor that contributed to the suburb's expansion, the report said, which has showed no signs of slowing as more than 1,300 new apartments were built in Melissa in 2024.

    "Here again, proximity to Dallas and accelerated development activity are driving growth," the report said. "Looking ahead, Melissa is slated for more housing projects to accommodate new residents."

    Dallas suburbs like Prosper and Melissa also "offer easy access to Dallas jobs and provide newly built schools and quality urban services," according to the report.

    RentCafe's separate ranking of the best "up-and-coming" communities ranked Prosper and Celina, another rapidly growing Dallas suburb, among the top three in the U.S.

    Fast-growing ZIPs in Dallas-Fort Worth
    North Fort Worth's 76177 ZIP code ranked as the seventh fastest-growing ZIPs in the U.S. over the last decade. RentCafe determined this northern region saw a 266 percent surge in housing inventory in the last decade to keep up with the area's 302.1 percent population growth over the same period.

    In 2014, there were just 6,003 residents living within the bounds of 76177, which stretches as far north as the area surrounding Texas Motor Speedway and as far south as the Chisholm Ridge neighborhood. During that same year, there were only 2,774 housing units in the area, which has since spiked to 10,140 units as of 2023. The ZIP code now boasts a population of more than 24,000 residents, the study found.

    "[ZIP code] 76177’s growth was stimulated by the overall economic expansion of the Dallas-Fort Worth area," the report said. "Like many places in Texas, this enclave attracts residents due to a mix of accessibility, community and opportunities."

    Celina's 75009 ZIP ranked just outside the top 10 as the 11th "newest" neighborhood in the U.S. Celina experienced a 229 percent increase in population over the 10-year span, and a 211 percent increase in housing inventory. In 2023, the suburb had a population of more than 30,000 residents, up from about 9,200 in 2014.

    The top 10 "newest" neighborhoods in the U.S., says RentCafe, are:

    • No. 1 – Chino, California (91708)
    • No. 2 – Timnath, Colorado (80547)
    • No. 3 – Colorado Springs (80927)
    • No. 4 – Fulshear, Texas (77441)
    • No. 5 – Ponte Vedra, Florida (32081)
    • No. 6 – Jersey City, New Jersey (07311)
    • No. 7 – Fort Worth (76177)
    • No. 8 – Colorado Springs (80924)
    • No. 9 – Prosper, Texas (75078)
    • No. 10 – Melissa, Texas (75454)
    real estatefort worthprospermelissacelinanorth texaszip codespopulation growth
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