With total housing receipts up by $89 billion in 2019, a new Zillow study has crowned Texas home of the greatest housing value in the country.
With the total value of the U.S. housing market now pegged at nearly $34 trillion, Texas outpaced California ($77 billion), Florida ($47 billion) and Washington ($45 billion) for the overall top spot.
Across the country, Dallas-Fort Worth (DFW), which stands as Texas’ top-valued housing market at $589 billion, was one of five metro areas that added the most to the U.S. housing stock.
In total, Houston homes are currently worth a total of $481 billion, while Austin is at $252 billion and San Antonio at $161 billion.
Overall, Zillow found California added the greatest home value over the decade at $2.5 trillion.