Cities with the fastest-growing home prices in the Dallas metro area

Written by:
April 1, 2024
Volodymyr Kyrylyuk // Shutterstock

Cities with the fastest-growing home prices in the Dallas metro area

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $349,216 in February, 4.2% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in the Dallas-Fort Worth-Arlington, TX metro area using data from Zillow. Cities are ranked by their one-year price change as of February 2024.

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Stacker

#30. Highland Village, TX

- 1-year price change: +$17,472 (+3.1%)
- 5-year price change: +$201,511 (+52.7%)
- Typical home value: $583,655 (#26 most expensive city in metro)
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Stacker

#29. Dalworthington Gardens, TX

- 1-year price change: +$17,970 (+3.5%)
- 5-year price change: +$179,210 (+51.5%)
- Typical home value: $527,100 (#32 most expensive city in metro)
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Stacker

#28. Sunnyvale, TX

- 1-year price change: +$18,160 (+2.8%)
- 5-year price change: +$227,057 (+52.8%)
- Typical home value: $657,097 (#17 most expensive city in metro)
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Stacker

#27. Aurora, TX

- 1-year price change: +$18,235 (+3.6%)
- 5-year price change: +$175,268 (+49.8%)
- Typical home value: $527,316 (#31 most expensive city in metro)
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Stacker

#26. Ovilla, TX

- 1-year price change: +$18,339 (+4.0%)
- 5-year price change: +$166,304 (+53.9%)
- Typical home value: $474,719 (#42 most expensive city in metro)
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Stacker

#25. Fairview, TX

- 1-year price change: +$18,343 (+2.9%)
- 5-year price change: +$222,184 (+51.9%)
- Typical home value: $650,002 (#18 most expensive city in metro)
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Stacker

#24. Flower Mound, TX

- 1-year price change: +$18,946 (+3.2%)
- 5-year price change: +$213,586 (+54.8%)
- Typical home value: $603,403 (#23 most expensive city in metro)
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Stacker

#23. Celina, TX

- 1-year price change: +$19,160 (+3.4%)
- 5-year price change: +$227,634 (+65.2%)
- Typical home value: $576,995 (#27 most expensive city in metro)
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Stacker

#22. Keller, TX

- 1-year price change: +$19,481 (+3.2%)
- 5-year price change: +$221,973 (+55.3%)
- Typical home value: $623,285 (#20 most expensive city in metro)
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Stacker

#21. Addison, TX

- 1-year price change: +$20,221 (+4.4%)
- 5-year price change: +$136,319 (+39.9%)
- Typical home value: $477,619 (#41 most expensive city in metro)
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Stacker

#20. Plano, TX

- 1-year price change: +$20,292 (+4.1%)
- 5-year price change: +$179,214 (+52.5%)
- Typical home value: $520,695 (#35 most expensive city in metro)
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Stacker

#19. Hebron, TX

- 1-year price change: +$23,685 (+3.9%)
- 5-year price change: +$179,214 (data not available)
- Typical home value: $632,458 (#19 most expensive city in metro)
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Stacker

#18. Frisco, TX

- 1-year price change: +$24,243 (+3.7%)
- 5-year price change: +$258,877 (+62.3%)
- Typical home value: $674,493 (#16 most expensive city in metro)
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Stacker

#17. Coppell, TX

- 1-year price change: +$25,481 (+4.3%)
- 5-year price change: +$205,873 (+49.7%)
- Typical home value: $620,008 (#21 most expensive city in metro)
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Stacker

#16. Murphy, TX

- 1-year price change: +$25,858 (+4.5%)
- 5-year price change: +$223,463 (+59.0%)
- Typical home value: $602,003 (#24 most expensive city in metro)
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Stacker

#15. Trophy Club, TX

- 1-year price change: +$25,981 (+4.0%)
- 5-year price change: +$252,579 (+58.9%)
- Typical home value: $681,713 (#15 most expensive city in metro)
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Stacker

#14. Double Oak, TX

- 1-year price change: +$26,025 (+3.4%)
- 5-year price change: +$298,468 (+59.9%)
- Typical home value: $796,721 (#12 most expensive city in metro)
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Stacker

#13. Lucas, TX

- 1-year price change: +$26,428 (+2.6%)
- 5-year price change: +$415,534 (+67.7%)
- Typical home value: $1,029,726 (#8 most expensive city in metro)
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Stacker

#12. Grapevine, TX

- 1-year price change: +$27,345 (+5.4%)
- 5-year price change: +$181,844 (+51.5%)
- Typical home value: $534,779 (#30 most expensive city in metro)
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Stacker

#11. Prosper, TX

- 1-year price change: +$29,159 (+3.8%)
- 5-year price change: +$335,175 (+71.2%)
- Typical home value: $805,802 (#11 most expensive city in metro)
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Stacker

#10. Sunset, TX

- 1-year price change: +$37,072 (+8.4%)
- 5-year price change: +$200,688 (+72.4%)
- Typical home value: $477,845 (#40 most expensive city in metro)
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Stacker

#9. Parker, TX

- 1-year price change: +$40,529 (+4.0%)
- 5-year price change: +$419,904 (+67.2%)
- Typical home value: $1,045,176 (#7 most expensive city in metro)
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Stacker

#8. Colleyville, TX

- 1-year price change: +$45,197 (+5.5%)
- 5-year price change: +$324,616 (+59.8%)
- Typical home value: $867,134 (#10 most expensive city in metro)
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Stacker

#7. Southlake, TX

- 1-year price change: +$62,454 (+5.5%)
- 5-year price change: +$491,037 (+69.8%)
- Typical home value: $1,194,730 (#6 most expensive city in metro)
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Stacker

#6. Copper Canyon, TX

- 1-year price change: +$67,721 (+7.7%)
- 5-year price change: +$376,293 (+66.3%)
- Typical home value: $943,785 (#9 most expensive city in metro)
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Stacker

#5. Bartonville, TX

- 1-year price change: +$68,835 (+5.5%)
- 5-year price change: +$565,356 (+75.6%)
- Typical home value: $1,313,364 (#5 most expensive city in metro)
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Stacker

#4. Westlake, TX

- 1-year price change: +$145,208 (+5.7%)
- 5-year price change: +$1,139,015 (+74.3%)
- Typical home value: $2,671,561 (#1 most expensive city in metro)
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Stacker

#3. Westover Hills, TX

- 1-year price change: +$152,826 (+7.0%)
- 5-year price change: +$717,103 (+44.4%)
- Typical home value: $2,331,342 (#3 most expensive city in metro)
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Stacker

#2. University Park, TX

- 1-year price change: +$169,262 (+8.6%)
- 5-year price change: +$850,562 (+66.5%)
- Typical home value: $2,129,051 (#4 most expensive city in metro)
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Stacker

#1. Highland Park, TX

- 1-year price change: +$297,017 (+13.3%)
- 5-year price change: +$1,095,012 (+76.3%)
- Typical home value: $2,529,227 (#2 most expensive city in metro)

This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 380 metros.

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