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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





Edinburg, Texas



North Miami

Oro Valley, Arizona

Las Vegas, Nevada

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