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McKinney, Texas Tops WalletHub’s 2025 Real Estate Market Rankings

WalletHub’s analysis favors markets pairing rapid job gains with abundant new housing, propelling several Texas cities to the top.

Overview

  • The report assessed 300 cities using 17 metrics covering price trends, affordability, foreclosure and mortgage delinquency rates, housing stock age, building permits per capita, and job growth.
  • McKinney ranked No. 1 with about 38% of homes built between 2010 and 2023, the third-highest permits per capita, and job growth nearing 21% annually, placing 11th for employment gains.
  • Half of the top 10 are in TexasMcKinney, Richardson, Frisco, Denton and Allen—joined by Cary, North Carolina (No. 2), Irvine, California (No. 3), Durham, North Carolina, Gilbert, Arizona and Nashville, Tennessee.
  • Cary scored for low living costs and low foreclosure and mortgage delinquency rates, while Irvine features a high share of newer homes and some of the nation’s lowest mortgage delinquencies.
  • New York City placed 230th, and the bottom three markets were New Orleans, Shreveport and Baton Rouge, according to WalletHub.