Dallas-Fort Worth Suburbs Respond to Population Boom

The Dallas-Fort Worth (DFW) area has experienced incredible growth over the past decade, and the suburbs are totally feeling the pressure. 

And since a lot of people are now moving to Texas for job opportunities, affordable living, and a quality life, the population of DFW suburbs has boomed. And if we can feel it, so can you. 

So, if you are looking to sell a home fast in Texas, the timing could just be right. However, with this much growth, its important to understand how the area is responding to the surge in residents. 

What is the Population Growth in DFW Suburbs?

This may sound surprising, the the metro area of DFW is now the fourth-largest in the USA. 

Between 2010 and 2020, the population in the DFW area grew by over 1.2 million people, and that trend has continued post-pandemic.

Suburbs like Frisco, McKinney, and Plano have seen some of the fastest growth, with Frisco’s population increasing by a staggering 71% between 2010 and 2020.

As a matter of fact, the recent estimates of the DFW area adds about 300 new residents each idea. That is how much people look for homes in the suburbs. 

According to recent estimates, the DFW area adds about 300 new residents each day, many of whom are looking for homes in the suburbs.

This rapid influx has led to a housing shortage, which can benefit sellers looking to sell their homes quickly.

How suburbs are handling this boom?

To keep up with the increasing population, DFW suburbs are making changes and investments to support their new residents:

Increased Housing Construction

Suburbs like Frisco, Prosper, and Little Elm have seen a surge in new housing developments. Homebuilders are working hard to meet the demand, and suburban areas offer the space needed for large-scale housing projects.

In 2023 alone, Frisco added over 5,000 new homes to the market. This means that if you're planning to sell your home fast in Texas, you'll be entering a busy market, but one where buyers are actively looking for available properties.

Improved Infrastructure

With more residents, there’s also a greater need for improved infrastructure. Suburbs are expanding roads, building new schools, and improving public transportation to accommodate the growing population.

This makes the suburbs even more attractive to families and professionals who want access to good schools and less congested commutes.

And to be honest, this might be the reason a lot of people has if you know what I mean. 

Retail and Commercial Growth

As more people move to the suburbs, businesses are following. Shopping centers, restaurants, and entertainment options are popping up across suburban DFW.

For instance, the opening of large retail hubs like Grandscape in The Colony is a sign of how these areas are evolving into full-service communities. This growth boosts home values, making it easier for sellers to find buyers.

Conclusion

The Dallas-Fort Worth suburbs are booming, and the housing market is bustling as a result.

If you're planning to sell a home fast in Texas, now is a great time to take advantage of the high demand in these rapidly growing areas.