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15 Texas Cities Where Home Prices Are Skyrocketing

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Nicolas McComber / Getty Images

From 2010 to 2020, Texas’ population grew by 4 million — more than any other state, according to moveBuddha. As population booms, typically, so do home prices, and that’s definitely been the case for the Lone Star State.

Read: How Much Cash To Have Stashed at Home at All Times
Find Out: Should You Still Buy a Home in Today’s Market?

MoveBuddha identified the fastest-growing cities in Texas, as well as how much home prices have risen in these cities in recent years. Here’s a look at the 15 cities where home prices have increased by more than 50% from 2020 to 2022.

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15. Frisco, Texas

  • Population growth from 2010 to 2020: 79%
  • Average home value in 2020: $438,553
  • Average home value in 2022: $661,929
  • Increase in home value from 2020 to 2022: 51%
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14. McKinney, Texas

  • Population growth from 2010 to 2020: 59%
  • Average home value in 2020: $343,667
  • Average home value in 2022: $522,590
  • Increase in home value from 2020 to 2022: 52%

See: 6 Alternative Investments To Consider for Diversification in 2022

leekris / Getty Images/iStockphoto

13. Melissa, Texas

  • Population growth from 2010 to 2020: 189%
  • Average home value in 2020: $307,638
  • Average home value in 2022: $468,340
  • Increase in home value from 2020 to 2022: 52%
leekris / Getty Images/iStockphoto

12. Celina, Texas

  • Population growth from 2010 to 2020: 217%
  • Average home value in 2020: $382,541
  • Average home value in 2022: $593,273
  • Increase in home value from 2020 to 2022: 55%

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11. Prosper, Texas

  • Population growth from 2010 to 2020: 182%
  • Average home value in 2020: $489,553
  • Average home value in 2022: $774,465
  • Increase in home value from 2020 to 2022: 58%
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10. Austin, Texas

  • Population growth from 2010 to 2020: 24%
  • Average home value in 2020: $431,463
  • Average home value in 2022: $702,409
  • Increase in home value from 2020 to 2022: 63%
Another Believer / Wikimedia Commons

9. Georgetown, Texas

  • Population growth from 2010 to 2020: 80%
  • Average home value in 2020: $330,841
  • Average home value in 2022: $546,726
  • Increase in home value from 2020 to 2022: 65%
leekris / Getty Images/iStockphoto

8. Manor, Texas

  • Population growth from 2010 to 2020: 225%
  • Average home value in 2020: $246,836
  • Average home value in 2022: $417,781
  • Increase in home value from 2020 to 2022: 69%
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7. Kyle, Texas

  • Population growth from 2010 to 2020: 83%
  • Average home value in 2020: $233,040
  • Average home value in 2022: $397,543
  • Increase in home value from 2020 to 2022: 71%
RAUL RODRIGUEZ / Getty Images

6. Dripping Springs, Texas

  • Population growth from 2010 to 2020: 199%
  • Average home value in 2020: $534,141
  • Average home value in 2022: $912,724
  • Increase in home value from 2020 to 2022: 71%
leekris / Getty Images/iStockphoto

5. Liberty Hill, Texas

  • Population growth from 2010 to 2020: 285%
  • Average home value in 2020: $338,565
  • Average home value in 2022: $586,429
  • Increase in home value from 2020 to 2022: 73%
Roschetzky Photography / Shutterstock.com

4. Round Rock, Texas

  • Population growth from 2010 to 2020: 38%
  • Average home value in 2020: $317,652
  • Average home value in 2022: $552,625
  • Increase in home value from 2020 to 2022: 74%
Renelibrary / Wikimedia Commons

3. Hutto, Texas

  • Population growth from 2010 to 2020: 82%
  • Average home value in 2020: $259,275
  • Average home value in 2022: $452,034
  • Increase in home value from 2020 to 2022: 74%
RoschetzkyIstockPhoto / Getty Images/iStockphoto

2. Cedar Park, Texas

  • Population growth from 2010 to 2020: 47%
  • Average home value in 2020: $354,879
  • Average home value in 2022: $625,743
  • Increase in home value from 2020 to 2022: 76%
leekris / Getty Images/iStockphoto

1. Leander, Texas

  • Population growth from 2010 to 2020: 159%
  • Average home value in 2020: $306,703
  • Average home value in 2022: $550,107
  • Increase in home value from 2020 to 2022: 79%

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All data is sourced from the moveBuddha 2021-2022 Texas Migration Report.