Realtor.com says there are still some affordable cities where buying a house isn’t just a pipe dream but can become a reality. Their number-crunchers looked over the national real estate landscape and found the top 10 places where a house with a yard goes for about $300k, or less. To get their list, they looked at median home list prices in the 100 largest metropolitan areas in October.
“Of course, there are reasons why some regions are so affordable for housing. Most of the metro areas that landed on our list have experienced some economic challenges that have resulted in population declines. But most have a notably low cost of living, including inexpensive real estate. They tend to be in the Midwest and South in places where there generally hasn’t been the kind of strong demand that would lead prices to soar.”
- Toledo, Ohio
- Scranton, PA
- Rochester, NY
- Detroit, MI
- St. Louis, MO
- McAllen, TX
- Birmingham, AL
- Little Rock, AR
- Wichita, KS
- Baton Rouge, LA
Click here to read the full story at Realtor.com.