The pandemic had a significant impact on the US housing market, with a surge in demand for spacious homes suitable for work and leisure activities. This increased demand, fueled by remote work opportunities and social distancing measures, led to rising housing prices. Buyers, eager to secure larger living spaces, often participated in bidding wars, pushing prices above asking amounts. Thankfully, these 15 cities remain affordable even for homebuyers today.
Plymouth, Wisconsin
As of February 2023, Plymouth’s single-family residence (SFR) home value has risen to $247,364, a noteworthy growth of 4.80% from the previous year. With a difference of $4,227 from the state’s average SFR home value of $251,590 and a lower growth rate of 6.61%, Plymouth provides a cost-effective choice for potential buyers.
Portland, Tennessee
Portland, Tennessee’s single-family residence (SFR) home values reached $365,300 as of November 2023, which is 3.6 percent lower than the previous year’s prices according to data compiled by Realtor.com. This price decrease could make Portland an attractive option for potential buyers seeking affordability.
Louisville, Ohio
Louisville, Ohio, boasts single-family residence (SFR) home values of $196,601 as of February 2023, reflecting a 4.89% increase from the previous year. Compared to the state’s average SFR value of $200,943, Louisville homes are $4,343 lower, and their growth rate stands at 8.41%, lower than the state average. This combination of affordability and slower price increase could make Louisville an option for budget-conscious homebuyers.
LaPlace, Louisiana
In LaPlace, Louisiana, single-family residence (SFR) home values saw a dip to $171,899 as of February 2023, representing a 5.18% decline compared to the previous year. This decrease puts LaPlace $4,630 below the state’s average SFR value of $176,530 and boasts a slower growth rate of 1.73% compared to the state average.
Forest Park, Ohio
Homebuyers, check out Forest Park, Ohio! It currently stands out as one of the cities where housing delivers a fantastic bargain. As of November 2023 data from Zillow, the single-family residence (SFR) home value in Forest Park has reached $215,523, displaying a considerable growth of 8.9 percent from the previous year.
Santa Fe, Texas
Santa Fe, New Mexico, offers single-family residence (SFR) homes at $285,385 as of February 2023, reflecting a moderate 1.87% increase from the previous year. Compared to the state’s average SFR value of $291,194, Santa Fe homes are $5,808 lower. Additionally, their growth rate stands at 6.89%, slower than the state average.
Jefferson, Wisconsin
Jefferson, Wisconsin, offers single-family residence (SFR) homes at $246,463 as of February 2023. This reflects a 2.75% increase from the previous year. Compared to the state’s average SFR value of $251,590, Jefferson homes are $5,127 more affordable. Additionally, their growth rate stands at 6.61%, slower than the state average.
Brookings, South Dakota
If you fancy a move to South Dakota, then this bit is for you. As of February 2023, the single-family residence (SFR) home value in Brookings has risen to $270,614, displaying a healthy growth of 5.85% from the previous year. With a difference of $6,049 from the state’s average value of $276,663, Brookings is a top option for potential homebuyers.
Columbus, Nebraska
Zillow‘s data from November 2023 reveals that the single-family residence (SFR) home value in Columbus, Nebraska has reached $248,807, displaying a growth of 4.5% from the previous year. If you want a reasonably-priced property, then head over to Nebraska.
Swartz Creek, Michigan
Another place where you can pick up a bargain is Swartz Creek, Michigan. As of February 2023, the single-family residence (SFR) home value in Swartz Creek has reached $199,742, showing a reasonable growth of 2.67% from the previous year. Swartz Creek presents a cost-effective option for potential buyers, with a difference of $6,576 from the state’s average SFR home value of $206,318 and a lower growth rate of 6.19%.
College Park, Georgia
College Park, Georgia, offers single-family residence (SFR) homes at $295,733 as of February 2023. This reflects a notable 5.89% increase from the previous year. Compared to the state’s average SFR value of $301,407, College Park homes are $5,675 lower in price. Additionally, their growth rate stands at 8.31%, slower than the state average.
Cicero, Illinois
Cicero, Illinois, has homes for sale at a good price! In February 2023, the average cost of a single-family house (SFR) in Cicero was $225,208, which is only a little bit higher than last year. Compared to the rest of Illinois, Cicero houses are $7,214 cheaper on average, and their prices haven’t gone up as fast as most other places in the state. This could make Cicero a good choice for people who are looking for an affordable place to buy a house.
Hastings, Minnesota
This city emerges as one where houses are currently the best bargains. As of November 2023, Realtor.com reveals that Hastings’s single-family residence (SFR) home value stands at $399,900, showing a decrease of 5.9 percent from the previous year. Such a decrease makes Hastings a favorable and cost-effective option for those looking for a new home.
Englewood, Ohio
Englewood, Ohio, has some of the best deals on houses right now! In February 2023, the average single-family house cost $193,457, which is only a little more than last year. Compared to the rest of the state, Englewood houses are $7,486 cheaper on average, and their prices haven’t gone up as fast as most other places.
Midland, Texas
Midland, Texas, is a great place to find an affordable house right now! In February 2023, the average single-family house cost $276,294, which is only a little more than last year. Compared to the rest of the state, Midland houses are $14,900 cheaper on average, and their prices haven’t gone up as fast as most other places. This makes Midland a good choice for people who are looking for an affordable and stable housing market.
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