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Highest Home Value in Texas

Top 100 cities ranked by highest home value

Highest Home Value — Texas

1 Highland Park $1,887,300
2 University Park $1,766,700
3 West University Place $1,406,600
4 Bellaire $978,300
5 Southlake $957,500
6 Lucas $861,500
7 Parker $852,000
8 Alamo Heights $766,000
9 Terrell Hills $762,200
10 Steiner Ranch $723,500
11 Colleyville $718,900
12 Bee Cave $699,100
13 Lakeway $695,400
14 Prosper $694,600
15 Heath $681,500
16 Belterra $658,400
17 Shady Hollow $644,300
18 Trophy Club $617,000
19 Fair Oaks Ranch $612,700
20 Frisco $595,400
21 Dripping Springs $579,300
22 Keller $557,700
23 Fulshear $546,200
24 Fairview $544,800
25 Lantana $542,200
26 Sunnyvale $540,500
27 Scenic Oaks $531,900
28 Coppell $525,300
29 Flower Mound $514,100
30 Austin $512,700
31 Hickory Creek $510,100
32 Murphy $508,500
33 Highland Village $493,400
34 Northlake $482,700
35 The Woodlands $479,400
36 Cedar Park $474,800
37 Leander $470,700
38 Grapevine $470,400
39 Timberwood Park $469,900
40 Addison $466,000
41 Cinco Ranch $459,500
42 Celina $458,000
43 Roanoke $454,500
44 Brushy Creek $451,500
45 Fredericksburg $442,800
46 Plano $440,600
47 Sienna $440,600
48 McKinney $439,500
49 Boerne $437,100
50 Melissa $430,300
51 Allen $429,900
52 Buda $410,100
53 Aledo $409,300
54 Sugar Land $406,600
55 Richardson $405,600
56 Friendswood $399,500
57 Georgetown $398,600
58 Little Elm $390,300
59 Lavon $386,600
60 Pecan Plantation $386,200
61 Round Rock $383,700
62 Helotes $382,400
63 Rockwall $382,400
64 Lago Vista $380,200
65 Bulverde $380,100
66 Mansfield $380,000
67 Katy $376,800
68 Midlothian $369,400
69 Wells Branch $368,500
70 Savannah $368,200
71 Oak Point $368,000
72 Sachse $366,100
73 Mont Belvieu $365,200
74 Justin $364,500
75 Fate $361,100
76 Pecan Grove $359,300
77 Kennedale $356,300
78 Iowa Colony $356,300
79 The Colony $355,100
80 Pflugerville $354,900
81 Carrollton $353,600
82 Corinth $351,200
83 Liberty Hill $350,500
84 Lewisville $350,200
85 Wylie $350,100
86 Paloma Creek South $342,800
87 Rowlett $342,400
88 Nassau Bay $339,400
89 Willow Park $339,100
90 Aubrey $338,900
91 Canyon Lake $337,200
92 Woodway $336,100
93 League City $334,000
94 Manor $333,800
95 Seabrook $332,000
96 Pearland $330,900
97 Rendon $328,100
98 Jersey Village $326,700
99 College Station $326,500
100 Denton $325,700

The most expensive housing markets in Texas reflect areas of high demand, limited supply, and strong local economies. Highland Park leads with a median home value of $1,887,300. These cities are often located in major metro areas or regions with significant economic activity.

High home values are driven by factors including strong job markets, desirable locations, good school districts, and limited buildable land. For homeowners, high values represent significant wealth accumulation, but for prospective buyers, they create substantial barriers to entry.

Many of the most expensive markets have seen rapid appreciation over the past decade, outpacing income growth and raising affordability concerns. This has led to increased interest in remote work opportunities that allow residents to earn high salaries while living in more affordable areas.

Did You Know?

  • 1. A typical home in Highland Park costs $1,887,300 — 5.4x the national median of $350,000.
  • 2. Home values in the top 10 most expensive cities have increased by an average of 40-60% over the past decade.
  • 3. In the most expensive markets, a 20% down payment alone exceeds the median home price in most U.S. cities.

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