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    Lively market

    Dallas-Fort Worth home prices could climb this high in 2021, says new forecast

    John Egan
    Dec 18, 2020 | 9:21 am
    Dallas skyline
    The Dallas-Fort Worth market continues to be hot.
    Photo by Sean Pavone/iStock

    If a new prediction is accurate, the median home price in Dallas-Fort Worth would reach at least $316,000 in 2021, and home sales growth would surpass that of Texas’ three other major metro areas.

    Realtor.com predicts DFW will see combined sales and price growth of 15.7 percent next year in the housing market compared with 2020. That figure puts it at No. 22 in Realtor.com’s ranking of the top 100 major metro areas; it’s the highest ranking among the state’s four major metros. DFW’s 15.7 percent number breaks down to 11.3 percent for sales growth and 4.4 percent for price growth.

    If Realtor.com is correct, the 4.4 percent growth rate for home prices could push the median home price in DFW to more than $316,800 in 2021 from $303,500 in October. That growth rate would be welcome news, though. From October 2019 to October 2020, the median price of a home in DFW jumped 12.4 percent, according to the Real Estate Center at Texas A&M University.

    Meanwhile, projected sales growth of 11.3 percent would make for a busy 2021 for DFW homebuyers and home sellers. Spurred by historically low mortgage interest rates, a record-setting 12,829 homes were sold in DFW in July, the Texas A&M center says.

    “We expect a healthy level of growth across Texas metros in 2021, with prices expected to rise 4 to 5 percent in each of the major metros and sales expected to grow between 5 and 11 percent over 2020,” says Danielle Hale, chief economist at Realtor.com. “An improving economy that drives strong job growth is a big contributing factor in these metros, in addition to above-average household growth.”

    “Younger buyers are already doing well in most of these markets,” Hale adds, “and because they make up an above-average portion of the population in these metros, we expect them to contribute to healthy sales growth.”

    Elsewhere in Texas:

    Austin could be the state’s most challenging market in 2021 for younger homebuyers, Hale says. That’s because Austin is a competitive market where the median home price surged 19.7 percent from November 2019 to November 2020, she says, and because hefty down payments “are a big hurdle for first-time buyers.”

    Among the state’s four major metros, Austin ranks second in the Realtor.com forecast. Its national ranking sits at No. 37, with year-over-year sales growth pegged at 8.6 percent and year-over-year price growth projected to be 4.6 percent for a combined total of 13 percent.

    At No. 47 nationally is San Antonio. There, the sales growth rate in 2021 is expected to be 7.2 percent and the price growth rate is predicted to be 4.3 percent for a combined total of 11.5 percent.

    Houston lands at No. 61 on the Realtor.com list. The website envisions 5.3 percent growth for sales and 4.6 percent growth for prices for a combined total of 9.9 percent.

    At No. 16, El Paso is the top-ranked Texas market in the Realtor.com forecast. The combined 17 percent growth rate envisioned for 2021 comprises 10.6 percent growth in sales and 6.4 percent growth in prices.

    Here are the top five metro markets in Realtor.com’s outlook:

    1. Sacramento, California, 24.6 percent overall growth rate
    2. San Jose, California, 21.6 percent overall growth rate
    3. Charlotte, North Carolina, 19 percent overall growth rate
    4. Boise, Idaho, 18.9 percent overall growth rate
    5. Seattle, 18.4 percent overall growth rate
    reportsrankingslists
    news/real-estate

    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
    news/real-estate

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