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Why Everyone Is Moving To North Texas
With a significant influx of people migrating to North Texas over the last five years, this region currently dominates the housing market in the US!
Texas is increasingly known for its low cost of living, reasonable home prices, no state income taxes and unlimited job opportunities, which are attracting people from far and wide to relocate here.. With a growing demand for housing in the Dallas area, North Texas has become one of the hottest spots to live, with Frisco and McKinney currently ranking in the top 10 best places to buy a house in the country.
But beyond a healthy housing market, the neighborhoods themselves are downright charming. From lovely residential communities to exciting and buzzing downtown centers, North Texas has so much to offer for every lifestyle and taste.
Let’s dive into some of North Texas’s most prominent areas and why they are absolutely exploding in popularity.
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Frisco: The City That Has Something For Everyone
Ranking as the best city to buy a house in the U.S, Frisco currently accommodates a population of 209,000–but not for long. As an esteemed city with a positive labor market, it is expected to grow by 55.7% over the next 10 years.
Frisco’s affordable and diverse home market, with a median house price of $555K, is a key asset for this city. In fact, whether you are a young professional, retiree, or growing family, Frisco has something to offer everyone.
For growing families, this city has great schools with an accountability rating of “A” and a graduation rate of 98.2%. Frisco is also considered the second safest city in the country to live in, with the fourth lowest violent crime rate nationwide. It has great t weather, averaging 230 sunny days a year and is located only 30 miles north of Dallas.
There is also plenty to do in Frisco! This city is a great destination for sports fanatics. Whether you enjoy watching baseball, football, soccer, basketball, lacrosse, golf, hockey, you name it, Frisco hosts them all! If you prefer the great outdoors, shopping or the finer things in life, rest assured. The city features more than 40 parks and 90 miles of trails. Additionally it has over 9 million square feet of retail space and numerous options for dining, arts and cultural activities!
Whether you’re raising the next sports superstar or looking to enjoy a city with seemingly endless choices, you really cannot go wrong with anywhere in Frisco!
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McKinney: Small-Town Charm And Big-City Attractions
Currently reaching a population of just over 214,000 with an annual growth rate of 3.6%, McKinney ranks as the fourth-best place to buy a house nationwide. Once one of Texas’s oldest towns, McKinney is now one of the fastest-growing cities in the US, with a projected future job growth of 54.8%.
Similarly to Frisco, McKinney is situated at a short 33 miles drive north of Dallas and benefits from an affordable housing market and a median home price of $441K. This city is also characterized by a low crime rate and ranks as the third-safest place to live in America. For families with young children, McKinney offers quality education in both the public and private sectors.
Moreover, the city’s historic downtown is definitely the place to be. Living by the slogan “modern spirit, historic soul,” the downtown area offers various entertainment opportunities, ranging from delicious food, beautiful arts and great shopping spots, to live music and an exciting nightlife.
So, if you’re looking for affordable housing in a community with small-town charm and big-city attractions and amenities, McKinney is the right place for you.
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Prosper: Small Town, Big Heart
Perhaps you are in search of a more quiet and peaceful location. If that is the case, Prosper might be just the place for you. In contrast to the two cities mentioned above, Prosper has a significantly smaller population of just over 29,000, though it is growing rapidly at a rate of 8.5%.
Prosper is a sought-after location for young families for its affordability – median home price of $660K–and for its larger properties, as more space is always welcomed when raising children. High quality of life and education, as well as low crime and poverty rates are all key attributes of this small Dallas suburb. The town has around 19 parks and 3 dog parks, flavorful restaurants and entertainment facilities such as its country club.
If country living at the beginning of a growth explosion and excellent home value are all things that are important to you, you’ll want to look into Prosper’s houses.
If you haven’t fallen in love with these areas yet, reach out! We would love to chat and help you find your dream home and neighborhood!