Homes selling for less than $100,000 still exist. “If you’re looking for affordability, you’ll find it in the South, Midwest, and [more remote] parts of the Northeast,” says Danielle Hale, realtor.com®’s chief economist.
Realtor.com®’s research team scoured single-family listings to find the metros offering the highest number of homes for sale under $100,000. Here are the seven metros that topped the list:
1. Pittsburgh
- Median home sales price: $168,000
- Number of homes under $100,000 (listed on realtor.com®): 2,452
2. Detroit
- Median home sales price: $180,000
- Number of homes under $100,000: 2,402
3. Chicago
- Median home sales price: $252,000
- Number of homes under $100,000: 2,070
4. St. Louis
- Median home sales price: $185,000
- Number of homes under $100,000: 1,900
5. Cleveland
- Median home sales price: $146,000
- Number of homes under $100,000: 1,587
6. Memphis, Tenn.
- Median home sales price: $185,872
- Number of homes under $100,000: 1,083
7. Philadelphia
- Median home sales price: $250,000
- Number of homes under $100,000: 1,004
View the full list at realtor.com®.
Source: “Attention, Bargain Hunters! Here Are the 10 Cities With the Most Homes Under $100K,” realtor.com® (Sept. 23, 2019)
