Then are the cities of the United States where buyers can still get a house for $ 300 million or less

There is still the real estate market remembered with love of 2019, if you know where to look.

Before the covid-19 pandemic tramplosed housing markets in the country, median sales prices less than $ 300,000 were the national standard. The typical United States house today, however, costs buyers over $ 400,000.

While housing ownership is out of reach for many North -Americans, frugal buyers should consult these cities to obtain the most affordable options.

More than 140 U.S. locations have a median list prices of $ 300,000 or less, including more than a dozen meters, according to New Realtor.com data. Economists documented a high concentration of markets of affordable buyers still prospering in the south and midwest.

Although this is not happy news for the inhabitants of New York or Boston, where high -density and high demand prices mean increasing prices, buyers looking for cities like Detroit are in luck.

The Motor City passed the most affordable list of meters with prices of the median list of $ 109,000. Detroit’s economy is jumped and limited to which it was a decade ago, although the housing market is still undervalued. The typical Detroit home owner spends less than 20% of their revenue on housing expenses, according to the U.S. News Housing Market Index. The national average is more than 30%.

“Some of these cities, such as Detroit or Baltimore, have gone through difficult periods,” said Hannah Jones, a senior economic research analyst at Realtor.com. “However, recent investment and growth have put them back on the map as attractive and affordable places to put roots.”

Median prices less than $ 200,000 can also be found in Birmingham, in the and St. Louis, mo.

While the west coast had no place and the north -east it appeared beyond Pennsylvania, the south seemed powerful affordable at the place of Realtor.com. More than a dozen southern meters were reduced to $ 300,000, including Memphis, TN to $ 218,200 and Oklahoma City at $ 285,855.

Large cities such as Baltimore, Indianapolis, Pittsburgh and Memphis also made the list less than $ 300,000.

Even accessibility can be found even in popular meters in Florida and Texas.

In Florida, Median sales prices in Clearwater, Jacksonville and Ocala reached less than $ 300,000. The Sunshine State has enjoyed a real estate boom in recent years, but recent slow sales point to a new refrigeration period. Texas buyers should take a look at the houses highly affordable in Lubbock, Paso and San Antonio to get the best blow for their price.

The inventory of housing in the two popular states has rejected beyond pre-pandemic levels, according to Realtor.com, helping to lower prices on the list.

The Housing Market is still far from stopping the country’s accessibility gap, but the reduction of sales trends, including the fact that sellers exceed buyers for the first time in more than a decade, suggest the beginning of the end of the now -built growth of the 2020’s housing market.