Open in App
  • Local
  • U.S.
  • Election
  • Politics
  • Crime
  • Sports
  • Lifestyle
  • Education
  • Real Estate
  • Newsletter
  • GOBankingRates

    10 Housing Markets With Explosive Growth Over the Past Decade — Here’s What It Costs To Live There

    By Laura Beck,

    5 hours ago

    https://img.particlenews.com/image.php?url=3rarrA_0umX1da500

    Ever wonder where the real estate market’s been hotter than hot? What are the U.S. housing markets that have been growing faster than you can say “sold!”?

    Well, GOBankingRates dug into data from a StorageCafe study of U.S. Census information to find the areas with the most jaw-dropping increases in housing stock and population between 2013 and 2022. Here are the 10 housing markets with explosive growth over the past decade — and what it costs to live there .

    Check Out: 6 Best Cities To Buy Property in the Next 5 Years, According to Real Estate Agents

    Up Next: Become a Real Estate Investor for Just $1K Using This Bezos-Backed Startup

    https://img.particlenews.com/image.php?url=4OqIOM_0umX1da500
    Jason Finn / Shutterstock.com

    Vineyard, Utah

    Vineyard, Utah, tops the list with a wild 7,204% growth in housing stock. (No, that’s not a typo — the numbers are real.)

    • Population (2022): 12,663
    • What it’ll cost you: With all that growth, you’d expect sky-high prices, right? Well, it’s not cheap, but it’s not Silicon Valley crazy either. Expect to shell out around $450,000 for a typical home here.

    See More: 7 Types of Homes Expected To Soar in Value by the End of 2025

    Spend Less: 20 Best Cities Where You Can Buy a House for Under $100K

    Pictured: The nearby city of Orem, Utah.

    Earning passive income doesn't need to be difficult. You can start this week.

    https://img.particlenews.com/image.php?url=3yDIAy_0umX1da500
    DenisTangneyJr / Getty Images/iStockphoto

    Blackwells Mills, New Jersey

    Next upis Blackwells Mills, with a still-impressive 1,980% growth in housing stock. This Garden State gem has had absolutely incredible growth in the past 10 years.

    • Population (2022): 10,047
    • What it’ll cost you: Being within commuting distance of both New York City and Philadelphia comes at a price. You’re looking at about $500,000 for a typical home here.

    Find Out: I’m an Economist: Here’s My Prediction for the Housing Market If Trump Wins the Election

    Pictured: The nearby city of New Brunswick, New Jersey.

    https://img.particlenews.com/image.php?url=0X4wKk_0umX1da500
    ©Shutterstock.com

    Fulshear, Texas

    Fulshear’s seen an amazing 1,138% increase in housing stock.

    • Population (2022): 21,552
    • What it’ll cost you: Texas is known for being affordable, and Fulshear isn’t too shabby. Average home prices hover around $450,000 — not bad for a boom town! However, there are plenty of cheaper cities in Texas if your budget is smaller.

    Pictured: The nearby city of Katy, Texas.

    https://img.particlenews.com/image.php?url=0uQo0A_0umX1da500
    Khalid Mahmood / Wikimedia Commons

    Woodbridge, Virginia

    With 692% growth, Woodbridge is giving the rest of the DMV (that’s D.C., Maryland, Virginia for you non-locals) a run for its money.

    • Population (2022): 42,619
    • What it’ll cost you: Being close to the nation’s capital isn’t cheap, but it’s not astronomical. Expect to pay around $400,000 for a typical home.

    For You: If You Live in One of These 20 Housing Markets, Consider Selling While It’s Still Hot

    https://img.particlenews.com/image.php?url=0B22C1_0umX1da500
    Photoladybug / Getty Images/iStockphoto

    Nocatee, Florida

    This Sunshine State star has seen 382% growth. Looks like people are deciding to make their Florida vacation permanent!

    • Population (2022): 22,950
    • What it’ll cost you: Florida’s becoming pricier by the minute. In Nocatee, you’re looking at about $500,000 for an average home.

    Pictured: The nearby city of Port Charlotte, Florida.

    https://img.particlenews.com/image.php?url=14CyW1_0umX1da500
    DenisTangneyJr / iStock.com

    Niskayuna, New York

    Niskayuna’s 368% growth proves New York’s got more to offer than just the Big Apple.

    • Population (2022): 20,629
    • What it’ll cost you: Upstate New York is more affordable than N.Y.C., but it’s no bargain basement. Average home prices are around $300,000.

    Pictured: The nearby city of Schenectady, New York.

    https://img.particlenews.com/image.php?url=09nEVp_0umX1da500
    Kruck20 / iStock.com

    Horizon West, Florida

    Another Florida hotspot, Horizon West has grown by 234%. Maybe Mickey Mouse is looking for new neighbors?

    • Population (2022): 58,595
    • What it’ll cost you: Being close to Disney World comes at a premium. You’re looking at about $450,000 for a typical home.

    Pictured: The nearby city of Orlando, Florida.

    https://img.particlenews.com/image.php?url=3dhjbA_0umX1da500
    Andrew Fuller / Shutterstock.com

    Celina, Texas

    With 233% growth, Celina’s proving that Texas has more than one trick up its sleeve.

    • Population (2022): 21,501
    • What it’ll cost you: Texas affordability strikes again! Average home prices here are around $400,000.

    Pictured: The nearby city of Frisco, Texas.

    https://img.particlenews.com/image.php?url=3v0fev_0umX1da500
    Eric Urquhart / Shutterstock.com

    Melissa, Texas

    Yep, it’s another Texas town! Melissa’s seen 228% growth. Everything really is bigger in Texas, including their list of booming suburbs.

    • Population (2022): 15,244
    • What it’ll cost you: Slightly more affordable than its Texas neighbors on this list, you can snag a home in Melissa for about $350,000.

    Lower Prices: 8 Places Where Houses Are Suddenly Major Bargains

    Pictured: The nearby city of Allen, Texas.

    https://img.particlenews.com/image.php?url=3X4y07_0umX1da500
    BOB WESTON / Getty Images/iStockphoto

    Palmview, Texas

    Rounding out our list (and Texas’s dominance) is Palmview with 215% growth.

    • Population (2022): 15,245
    • What it’ll cost you: The most affordable on our list, average home prices in Palmview are around $200,000.

    Pictured: The nearby city of Edinburg, Texas.

    This article originally appeared on GOBankingRates.com : 10 Housing Markets With Explosive Growth Over the Past Decade — Here’s What It Costs To Live There

    Expand All
    Comments / 0
    Add a Comment
    YOU MAY ALSO LIKE
    Most Popular newsMost Popular
    Emily Standley Allard18 days ago

    Comments / 0