Explore 38 cities across the United States where affordable housing is still a reality, with average home prices under $200,000. From Erie, Pennsylvania to Flint, Michigan, discover the pros and cons of each location, including crime rates, job markets, and living conditions.
Welcome back to World According to Briggs, where we dive into America's real estate bargain bin. If you're looking for affordable housing options, you're in the right place. Today, we will explore 38 cities across the United States where you can still snag a house for under $200,000. Some of these homes are move-in ready, while others might require a bit more work. Let's take a look at the latest Zillow average home values to see where you can find these deals.
In today's market, many people are struggling to find affordable housing. However, there are still places where you can buy a home without breaking the bank. This list will start with the pricier options and work down to those where you can find homes for under $100,000.
Average Home Value: $199,034
Erie offers homes at a low price due to its lake effect snow, which keeps property values down. The crime rate here is only 4% above the national average, making it a relatively safe option compared to many other cities.
Average Home Value: $189,266
Known for its connection to the TV show "The Office," Scranton has a low crime rate, 24% below the national average. While job opportunities may be limited, the affordable housing market makes it an attractive option.
Average Home Value: $184,939
Springfield's housing market has not fully recovered since the automakers left. While the cost of living is low, the overall quality of life metrics are not great, making it a budget-friendly option.
Average Home Value: $179,481
Binghamton has seen better days, with a tech boom that has faded. The area has some crime, but the low housing prices make it a viable option for those willing to work remotely.
Average Home Value: $176,960
Kokomo has improved over the years, making it a decent choice for retirees on a budget. The healthcare system has received good grades, although family visits may be limited due to its location.
Average Home Value: $175,537
This city shares many characteristics with Scranton, including a history tied to coal mining. The housing prices are low, but the job market is not robust.
Average Home Value: $171,458
Rockford is known for its high crime rates, making it one of the more dangerous cities in Illinois. However, the low housing prices can be appealing for those looking for a bargain.
Average Home Value: $167,772
Not to be confused with the Ivy League school, Princeton offers scenic views and affordable homes, although job opportunities are modest.
Average Home Value: $166,532
While famous for its waterfalls, Niagara Falls, New York, is not the safest place to live. However, the low home prices can be enticing for those looking for a deal.
Average Home Value: $165,000
Home to the NFL Hall of Fame, Canton offers affordable housing, but the overall living experience may not be as exciting as one might hope.
Average Home Value: $158,000
Marion's housing market reflects the decline of local factories, leading to low home prices that are appealing for budget-conscious buyers.
Average Home Value: $156,328
This college town has a mix of manufacturing and education, resulting in affordable housing options despite some economic challenges.
Average Home Value: $148,835
Muncie offers a low cost of living, but potential buyers should be aware of the local job market's limitations.
Average Home Value: $146,728
Located in the heart of Louisiana, Alexandria has affordable homes, but the overall living conditions may not be ideal.
Average Home Value: $146,998
Mansfield's housing market is characterized by low prices, but the local economy may not be thriving.
Average Home Value: $145,757
Parkersburg offers affordable housing options, but the local economy has struggled over the years.
Average Home Value: $145,243
Wheeling has a rich history but faces economic challenges, resulting in low home prices.
Average Home Value: $144,980
Beckley is known for its coal country charm and affordable housing, but the local economy is still recovering.
Average Home Value: $143,612
Weirton is struggling to reinvent itself, but the low home prices can be attractive for buyers.
Average Home Value: $140,581
Altoona offers affordable housing, but the local economy may not be robust enough to support long-term growth.
Average Home Value: $137,982
Huntington is a college town with affordable housing options, but job opportunities may be limited.
Average Home Value: $134,000
Dayton has a rich aviation history, but the local economy has not kept pace, leading to low home prices.
Average Home Value: $130,558
Anderson's housing market reflects the decline of manufacturing jobs, resulting in affordable home prices.
Average Home Value: $128,940
Peoria has been affordable for decades, but the local economy has not seen significant growth.
Average Home Value: $127,767
Toledo's housing market is characterized by low prices, but the local economy may not be thriving.
Average Home Value: $126,013
Saginaw is another rust belt city with affordable housing options, but economic challenges remain.
Average Home Value: $124,199
Elmira has a rich history but faces economic challenges, resulting in low home prices.
Average Home Value: $121,983
Jamestown is known as the birthplace of Lucille Ball, and its housing market reflects its affordable prices.
Average Home Value: $121,130
Bay City offers affordable housing options, but the local economy may not be thriving.
Average Home Value: $120,277
Warren's housing market reflects the decline of local industries, resulting in low home prices.
Average Home Value: $119,648
Clarksburg has a low cost of living, but the local economy has struggled over the years.
Average Home Value: $112,341
Bluefield offers affordable housing options, but the local economy may not be robust enough to support long-term growth.
Average Home Value: $104,769
Decatur's housing market reflects the decline of local industries, resulting in low home prices.
Average Home Value: $99,777
Johnstown has a complicated history, but its housing market remains affordable.
Average Home Value: $78,973
Detroit has faced significant challenges over the years, but its housing market is slowly improving, making it a potential investment opportunity.
Average Home Value: $75,165
Danville offers affordable housing options, but the local economy may not be thriving.
Average Home Value: $66,489
Youngstown has seen better days, but its housing market remains affordable.
Average Home Value: $64,358
Flint has a complicated past, but its housing market offers some of the lowest prices in the country. However, potential buyers should be cautious due to ongoing challenges.
While these cities offer affordable housing options, it's essential to consider the overall living conditions, job market, and safety before making a decision. If you're house hunting on a budget, these locations might just have what you're looking for. Happy house hunting!
