6 Southwest Cities To Buy Property in the Next 5 Years, According to Real Estate Agents

Known for its deserts and national parks, the Southwest is filled with natural wonders. If you’re looking to buy property in this part of the U.S. in the next five years, there’s plenty of magical towns to choose from.

Read Next: 3 Best States to Buy Property in the Next 5 Years, According to Experts

Learn More: How To Get Rich in Real Estate Starting With Just $1,000

GOBankingRates spoke with two local Southwest realtors to find out which areas they recommend. Here’s a look at the six cities you should consider for your next move .

Money mistakes the super wealthy never make - that you might be doing now.

Canyon Lake, Texas

• Average home value: $450,920
• Population: 63,518
• Niche rating: A

Located roughly halfway between San Antonio and Austin, Canyon Lake, Texas has excellent public schools and is good for families.

“[It] is a great lake town, and there are still some really awesome properties priced under $700k with water views,” said Tanya Lechner, a realtor and the founder of the Sunshine Real Estate Team , part of LPT Realty in San Antonio, Texas. “There will be a lot of new development over the next five years.”

As an added bonus, 67.7% of homes are currently selling under list price. This could mean now is an ideal time to buy.

Check Out: 20 Best Cities Where You Can Buy a House for Under $100K

Kerrville, Texas

• Average home value: $350,379
• Population: 24,278
• Niche rating: A-minus

The heart of “Hill Country,” Kerrville is a central Texas town located in the Guadalupe River Valley. The city is known for its natural beauty and offers an abundance of outdoor activities, a thriving arts scene and plenty of shopping and dining opportunities.

“[It’s a] small enough town to still get a good price and has a lot of growth, so you will see decent appreciation,” Lechner said. “About 30 minutes from Fredericksburg — [a] wine town with the highest number of millionaires in the state of Texas — which is a big plus.”

Currently, 70.8% of Kerrville homes are selling below list price, so consider buying sooner, rather than later.

San Antonio

• Average home value: $255,778
• Population: 1.4 million
• Niche rating: B-plus

The second-most populous city in Texas, San Antonio has a rich history and a vibrant arts scene. You’ll never be bored with places like the Alamo and the River Walk to explore, along with countless restaurants and cultural events to take part in.

“There are pockets of the city that are still affordable for home buyers, and [the city] is growing fast,” Lechner said. “It is expected to double in population over the next 10 years.”

Portland, Texas

• Average home value: $261,395
• Population: 20,383
• Niche rating: B-plus

Situated on the water in Southeast Texas, Portland is just seven miles from Corpus Christi. Another city that’s great for families, Portland has award-winning schools and a variety of outdoor activities, including playgrounds, fishing, boating and swimming opportunities.

“You can’t go wrong with a beach town, and this one is so quaint,” said Lechner. “Prices are good here, and you can get an ocean front property for under $1 million.”

Bandera, Texas

• Average home value: $346,019
• Population: 829
• Niche rating: C

Known as the “Cowboy Capital of the World,” you’ll find rodeos, dude ranches and nightly music in Bandera. This small town is filled with restaurants( and offers plenty of activities to keep you busy — i.e., horseback riding, museums, wineries and craft breweries, water activities and more.

“[Bandera is a] very cute little town with lots of growth and great home prices,” Lechner said. “Medina River goes through the town, and [it] would be great to find property near the river.”

Mesa, Arizona

• Average home value: $439,750
• Population: 504,258
• Niche rating: B-plus

According to CEO and designated broker at Integrity All Stars Realty in Chandler, Arizona, Rebecca Hidalgo Rains, “Mesa, Arizona, is a city that consistently sees a lot of growth and an area I think will be a boon for property owners in the next five years.”

She said many people are moving into the Phoenix metro area, causing other popular destinations like Chandler, Scottsdale, Tempe and Gilbert to become more expensive, with less land to build on.

“This means builders are building where land is available and potential buyers are looking for a growing city with more affordable home prices,” said Rains. “Mesa is that city.”

Builders are putting a lot of effort into Mesa, and Rains mentioned the city is investing money into its downtown area.

“New restaurants, small businesses and housing are all over the place, making it a place for families,” she said. “We will see increased demand for homes in Mesa, which means higher home prices.”

Consequently, she believes Mesa will be one of the most popular places to live in five years and home values will reflect that.

All average home values were sourced via Zillow , population data was sourced via the U.S. Census Bureau and Niche provided the rating for each city based on internal data. Please note that all data was compiled on and is accurate as of Sept. 19, 2024.

This article originally appeared on GOBankingRates.com : 6 Southwest Cities To Buy Property in the Next 5 Years, According to Real Estate Agents