There are still areas across the country where a good deal on a home can be found. It doesn’t mean the house is any less desirable than in a more expensive market, it simply means that there are places with moderate costs of living where prices are more reasonable. To that end, the folks over at Realtor.com looked at the 250 largest metro areas to find places with the lowest median home prices and limited to just one metro per state.
“These areas generally have lower median incomes and lower costs of living, helping keep home prices lower,” says Hannah Jones, economic research analyst for Realtor.com. “These metros have also largely been spared rising housing costs from an influx of remote workers who have typically sought out mountain and beach destinations.”