Corpus Christi-Kingsville-Alice, TX

There is no doubt that the Corpus Christi-Kingsville-Alice, TX combined statistical area (CSA) is one of the hottest housing markets in the country right now. The combination of strong job growth, low interest rates, and limited supply of available homes for sale is resulting in rapidly rising home prices and rental rates.

The average home price in the CSA has increased by nearly 10% over the past year, and is now above $200,000. Rental rates are also on the rise, with the average 2-bedroom apartment now renting for over $1,500 per month.

With demand for housing continuing to outpace supply, there is no relief in sight for those looking to buy or rent a home in the CSA. Prices are expected to continue to rise at a rapid pace over the next few years. If you're thinking of buying or renting a home in this market, be prepared to pay top dollar.