Map Shows Where Homebuyers Can Still Buy Homes for Under $300K

Most Affordable Homes. A map showing the most affordable U.S. cities where buyers can find a home for $300,000 or less, as per Realtor.com data. Realtor.com

By Giulia Carbonaro Newsweek

While a majority of U.S. homebuyers are facing sky-high prices and historically elevated mortgage rates, there are places across the country where it is still possible to find a home for under $300,000, according to recent data shared by Realtor.com.

Why It Matters

The median sale price of a typical home in the United States before the COVID-19 pandemic was under $300,000, but has since climbed to well above $400,000. In April, the latest data available from Redfin, the typical U.S. home would cost buyers a median price of $437,864, up 1.3 percent from a year earlier.

Read more at: https://www.miamiherald.com/news/nation-world/national/article308143750.html#storylink=cpy

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