10 Housing Markets With Explosive Growth Over the Past Decade — Here’s What It Costs To Live There
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!”?
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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.
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.
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Pictured: The nearby city of Orem, Utah.
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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.
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Pictured: The nearby city of New Brunswick, New Jersey.
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.
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.
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.
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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.
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.
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.
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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.
Pictured: The nearby city of Allen, Texas.
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.
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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