33 Major Cities Where You Can Buy a Single-Family Home for Less Than the National Median
The national median price for a single-family home in the U.S. increased by 5.1% over the past year and now sits at $379,100, according to Zoocasa. This puts a median-priced home financially out of reach for many Americans. Fortunately, there are still many places where you can find a single-family home for less than that amount.
Here’s a look at the major cities where the median single-family home price is below the national average, as identified by Zoocasa. Cities are ranked from highest to lowest median home price.
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Tucson, Arizona
Median single-family home price: $378,800
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Dallas
Median single-family home price: $376,200
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Minneapolis
Median single-family home price: $374,000
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Bakersfield, California
Median single-family home price: $367,300
Atlanta
Median single-family home price: $366,900
New Haven, Connecticut
Median single-family home price: $363,700
Myrtle Beach, South Carolina
Median single-family home price: $362,500
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Daytona Beach, Florida
Median single-family home price: $362,400
Milwaukee
Median single-family home price: $359,000
Hartford, Connecticut
Median single-family home price: $358,200
Philadelphia
Median single-family home price: $353,500
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Albuquerque, New Mexico
Median single-family home price: $348,700
Chicago
Median single-family home price: $343,300
Springfield, Massachusetts
Median single-family home price: $337,800
Houston
Median single-family home price: $336,600
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Tallahassee, Florida
Median single-family home price: $322,000
Kansas City, Missouri
Median single-family home price: $315,800
San Antonio
Median single-family home price: $315,700
Columbus, Ohio
Median single-family home price: $307,100
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Indianapolis
Median single-family home price: $300,100
Omaha, Nebraska
Median single-family home price: $282,300
Cincinnati
Median single-family home price: $278,200
Louisville, Kentucky
Median single-family home price: $262,300
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Tulsa, Oklahoma
Median single-family home price: $255,500
Memphis, Tennessee
Median single-family home price: $248,400
St. Louis
Median single-family home price: $243,700
Buffalo, New York
Median single-family home price: $243,500
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Oklahoma City
Median single-family home price: $243,300
Detroit
Median single-family home price: $241,500
Rochester, New York
Median single-family home price: $230,500
Pittsburgh
Median single-family home price: $210,200
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Montgomery, Alabama
Median single-family home price: $193,400
Cleveland
Median single-family home price: $190,700
Data is sourced from Zoocasa and is accurate as of March 20, 2024.
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This article originally appeared on GOBankingRates.com: 33 Major Cities Where You Can Buy a Single-Family Home for Less Than the National Median