Homes from the fastest- and slowest-growing markets

Here are 12 median-priced homes in markets around the nation. Some of these markets are still gaining ground but in others, prices are headed down.

Edinburg, Texas
12-month forecast: 8.8% gain
Edinburg, Texas
Median home price: $130,000
This home's price: $135,000
Beds: 3
Baths: 2
Square feet: 1,675

Details: Low prices, a vibrant economy and steady immigration has made real estate in the McAllen metro area, which includes Edinburg, one of the nation's best value plays.

Trini Gonzales, the listing agent for the house featured here, is very optimistic about McAllen prices. "It's been good," he says, "and we have a lot of momentum."

There are factors that keep price increases within reason, however. Land is very inexpensive and developers keep building new homes, adding constantly to inventory. And, although the economy is booming, many of the jobs are low-paying; restricting how much workers can afford.

Broker: Star Properties - GMAC Real Estate

Tulsa, Oklahoma

Syracuse

Scranton

Birmingham

Wichita

Edinburg, Texas

Massapequa

Orlando

North Miami

Oro Valley, Arizona

Las Vegas, Nevada

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.