The Southwest USA boasts some of the most remarkable housing markets, blending stunning natural landscapes with thriving communities. This article analyzes data spanning from 2010 to November 2024, highlighting the top 25 towns and cities with the highest housing prices as of November 2024.
Using historical data via the Zillow Home Value Index, we’ve observed significant price increases across the region, with some cities more than doubling their average home values. Among the standout performers are Flagstaff, AZ, and Phoenix, AZ, which have experienced exceptional growth over the past 14 years. Dive in to explore the numbers and stories behind these fascinating markets.
1. Flagstaff, AZ
Home to stunning landscapes and a thriving community, Flagstaff, AZ has seen housing prices surge from $252,174 in 2010 to $616,679 in 2024. A 144.55% increase underscores its growing allure.
2. Los Alamos, NM
Known for its cultural vibrancy, Los Alamos, NM continues to shine in the Southwest housing market. Average prices have climbed from $299,233 in 2010 to $581,725 in 2024, showcasing a remarkable 94.41% growth.
3. Santa Fe, NM
With a 85.51% increase in housing prices, Santa Fe, NM is a prime example of the Southwest’s dynamic real estate market. Prices have risen from $291,101 in 2010 to $540,025 in 2024, reflecting its growing reputation.
4. Fredericksburg, TX
Fredericksburg, TX stands as a testament to growth in the Southwest, with housing prices leaping from $209,211 in 2010 to $477,840 in 2024—a 128.40% rise. Its unique character continues to attract new residents.
5. Phoenix, AZ
Phoenix, AZ has transformed over the past decade, with housing prices skyrocketing from $155,668 in June 2010 to $454,001 in November 2024. This AZ city blends rich history with modern appeal, making it a magnet for families and professionals alike.
6. Austin, TX
Home to stunning landscapes and a thriving community, Austin, TX has seen housing prices surge from $195,523 in 2010 to $444,247 in 2024. A 127.21% increase underscores its growing allure.
7. Show Low, AZ
Known for its cultural vibrancy, Show Low, AZ continues to shine in the Southwest housing market. Average prices have climbed from $157,347 in 2010 to $381,768 in 2024, showcasing a remarkable 142.63% growth.
8. Payson, AZ
With a 136.01% increase in housing prices, Payson, AZ is a prime example of the Southwest’s dynamic real estate market. Prices have risen from $159,025 in 2010 to $375,308 in 2024, reflecting its growing reputation.
9. Dallas, TX
Dallas, TX stands as a testament to growth in the Southwest, with housing prices leaping from $146,886 in 2010 to $368,682 in 2024—a 151.00% rise. Its unique character continues to attract new residents.
10. Kerrville, TX
Kerrville, TX has transformed over the past decade, with housing prices skyrocketing from $171,559 in June 2010 to $356,746 in November 2024. This TX city blends rich history with modern appeal, making it a magnet for families and professionals alike.
11. Lake Havasu City, AZ
Home to stunning landscapes and a thriving community, Lake Havasu City, AZ has seen housing prices surge from $141,936 in 2010 to $353,775 in 2024. A 149.25% increase underscores its growing allure.
12. Tucson, AZ
Known for its cultural vibrancy, Tucson, AZ continues to shine in the Southwest housing market. Average prices have climbed from $166,619 in 2010 to $346,317 in 2024, showcasing a remarkable 107.85% growth.
13. Albuquerque, NM
With a 87.83% increase in housing prices, Albuquerque, NM is a prime example of the Southwest’s dynamic real estate market. Prices have risen from $177,327 in 2010 to $333,070 in 2024, reflecting its growing reputation.
14. Brenham, TX
Brenham, TX stands as a testament to growth in the Southwest, with housing prices leaping from $167,709 in 2010 to $330,668 in 2024—a 97.17% rise. Its unique character continues to attract new residents.
15. Stephenville, TX
Stephenville, TX has transformed over the past decade, with housing prices skyrocketing from $132,334 in June 2010 to $314,551 in November 2024. This TX city blends rich history with modern appeal, making it a magnet for families and professionals alike.
16. Midland, TX
Home to stunning landscapes and a thriving community, Midland, TX has seen housing prices surge from $157,547 in 2010 to $310,165 in 2024. A 96.87% increase underscores its growing allure.
17. Houston, TX
Known for its cultural vibrancy, Houston, TX continues to shine in the Southwest housing market. Average prices have climbed from $149,845 in 2010 to $306,190 in 2024, showcasing a remarkable 104.34% growth.
18. Gainesville, TX
With a 146.37% increase in housing prices, Gainesville, TX is a prime example of the Southwest’s dynamic real estate market. Prices have risen from $122,888 in 2010 to $302,759 in 2024, reflecting its growing reputation.
19. College Station, TX
College Station, TX stands as a testament to growth in the Southwest, with housing prices leaping from $153,655 in 2010 to $298,193 in 2024—a 94.07% rise. Its unique character continues to attract new residents.
20. Las Cruces, NM
Las Cruces, NM has transformed over the past decade, with housing prices skyrocketing from $193,002 in June 2010 to $283,600 in November 2024. This NM city blends rich history with modern appeal, making it a magnet for families and professionals alike.
21. San Antonio, TX
Home to stunning landscapes and a thriving community, San Antonio, TX has seen housing prices surge from $141,336 in 2010 to $280,603 in 2024. A 98.54% increase underscores its growing allure.
22. Safford, AZ
Known for its cultural vibrancy, Safford, AZ continues to shine in the Southwest housing market. Average prices have climbed from $121,007 in 2010 to $276,901 in 2024, showcasing a remarkable 128.83% growth.
23. Yuma, AZ
With a 81.22% increase in housing prices, Yuma, AZ is a prime example of the Southwest’s dynamic real estate market. Prices have risen from $152,573 in 2010 to $276,498 in 2024, reflecting its growing reputation.
24. Athens, TX
Athens, TX stands as a testament to growth in the Southwest, with housing prices leaping from $134,979 in 2010 to $267,339 in 2024—a 98.06% rise. Its unique character continues to attract new residents.
25. Nogales, AZ
Nogales, AZ has transformed over the past decade, with housing prices skyrocketing from $116,050 in June 2010 to $267,152 in November 2024. This AZ city blends rich history with modern appeal, making it a magnet for families and professionals alike.
