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    wide open spaces

    Texas named top U.S. market for land sales with record-setting 2021

    John Egan
    May 3, 2022 | 12:00 pm
    2256 county road 453 midfield Houston ranch
    A record-setting 846,347 acres of Texas land changed hands in 2021.
    Photo by Josh Gremillion

    Due in part to its cowboy heritage, Texas boasts lots of wide open spaces. So much so, in fact, that the Lone Star State led all of the states in land sales last year.

    According to a new report from the National Association of Realtors and the Realtors Land Institute, the five states with the largest shares of land sales in 2021 were Texas (14.6 percent), Florida (12.8 percent), California (6.2 percent), Georgia (5.3 percent), and Arizona (5.2 percent).

    “Even with rising interest rates, I expect sustained growth in land sales and prices this year, driven particularly by the demand for multifamily and single-family housing needs,” says Lawrence Yun, chief economist at the National Association of Realtors.

    Last year, Texas recorded 9,055 land sales, according to the Texas Real Estate Research Center at Texas A&M University. A record-setting 846,347 acres of Texas land changed hands in 2021, up 53 percent from the previous year. That property fetched a record-breaking $3.4 billion, up 97.6 percent compared with 2020.

    “It has been a strong seller’s market for ranches and land: Demand has been greater than supply, fueled in part by the pandemic and the urge to be away from urban areas,” according to Dallas-based Briggs Freeman Sotheby’s International Realty, whose ranch and land business posted sales of $371 million last year.

    The Realtors’ report shows sales of residential land around the country were up 6.6 percent in 2021 compared with the previous year, and sales of ranchland were up 3.5 percent.

    “This continues to be the most active period in Texas land-market history,” says Charles Gilliland, an economist with the Texas Real Estate Research Center.

    Underscoring Gilliland’s observation, Douglas Elliman Realty recently launched Elliman Farm and Ranch, which represents buyers and sellers of land, ranch, and farm properties in Texas and five other states.

    The firm says shows like Yellowstone, 1883, and “other romantic depictions of life on the range” have helped spur interest in ranch and farm properties.

    “Given the challenges of the past two years, many of our buyers are looking for more than just a second home — they want the sense of freedom and a deeper connection with the land that farm and ranch properties offer,” says Scott Durkin, CEO of Douglas Elliman Realty.

    reportsrankings
    news/real-estate

    The Boom Continues

    Booming Houston-area ZIP among 5 fastest-growing new neighborhoods in U.S.

    Amber Heckler
    May 14, 2026 | 9:15 am
    Welcome to Fulshear sign
    City of Fulshear/Facebook
    Fulshear's 77441 ZIP code was the fourth-fastest growing U.S. neighborhood from 2014-2023.

    As Texas' ever-growing population generates more demand among regional housing markets, one Houston-area ZIP code has seen more growth than nearly all other ZIPs in the state — and in the country.

    Fulshear's 77441 ZIP code ranks No. 4 in RentCafe's new study that analyzed the 50 fastest-growing "new neighborhoods" in America "that barely existed a decade ago." Two more more Houston-area ZIPs in Katy and Richmond also made the cut.

    The study reviewed housing inventory and population growth across 32,000 U.S. ZIP codes and narrowed down the search to the top 50 locales that experienced a 51 percent minimum surge in new housing units from 2014-2023.

    Overall, Texas dominated the list with 17 of the nation's 50 booming new neighborhoods.

    RentCafe determined the 77441 ZIP code in Fulshear saw a 391 percent surge in housing inventory in the last decade to keep up with the area's 482.7 percent population growth over the same period.

    In 2014, there were just 5,647 residents living within the bounds of 77441, which stretches across both halves of FM 1093 as far west as Sidmonton and as far east as FM 1463 Rd. During that same year, there were only 2,163 housing units in the area, which has since spiked to 10,615 units as of 2023. The ZIP code now boasts a population of more than 32,900 residents, the study found.

    "Fulshear is a good example of exurban spillover as it’s located within proximity of Houston’s major employment centers, like the Energy Corridor and Texas Medical Center," the report said. "In fact, Fulshear is about 30 miles from downtown Houston, which makes it a great living option for commuters."

    Fast-growing ZIPs in Houston
    77493 in Katy and 77407 in Richmond respectfully ranked as the 25th and 45th fastest-growing ZIPs in the U.S. over the last decade.

    The report's findings revealed Katy has more than doubled its housing inventory to 20,552 units, up from about 8,200 units in 2014. The area's population has also more than doubled, from 24,577 to 62,264 residents as of 2023.

    Richmond's population has surged 123 percent over the last decade, from 11,350 to 25,284 residents, and housing inventory soared 132.4 percent to keep pace with the growth. A recent boom in apartment construction is a major factor that contributed to the suburb's expansion, the report said.

    The top 10 "newest" neighborhoods in the U.S., says RentCafe, are:

    • No. 1 – Chino, California (91708)
    • No. 2 – Timnath, Colorado (80547)
    • No. 3 – Colorado Springs (80927)
    • No. 4 – Fulshear, Texas (77441)
    • No. 5 – Ponte Vedra, Florida (32081)
    • No. 6 – Jersey City, New Jersey (07311)
    • No. 7 – Fort Worth (76177)
    • No. 8 – Colorado Springs (80924)
    • No. 9 – Prosper, Texas (75078)
    • No. 10 – Melissa, Texas (75454)
    fulshearhoustonkatyreal estaterichmondzip codestexasrentcafe study
    news/real-estate

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