Hottest Real Estate Markets
25 Best Places to Buy A Home in America…
CNNMoney.com recently published an article that features growing towns and cities with affordable homes and promising jobs.
1. Deerfield Beach, FL
Median price of a home: $67,000
Median annual family income: $56,519
With the housing market crash effecting Florida worse than most states, affordable waterfront property is now a reality. For around $400,000 buyers can find three-bedroom beachfront homes in a town that offers residents pristine beaches.
http://www.trulia.com/FL/Deerfield_Beach/
Deerfield Beach Homes for Sale
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2. Lafayette, IN
Median price of a home: $82,210
Median annual family income: $60,643
As in many areas of the Midwest, Lafayette homebuyers get a lot of house for their dollar. Large, very luxurious homes can be found for under a million and for under $100,000, buyers can find three-bedroom, two-bathroom homes in great neighborhoods.
http://www.trulia.com/IN/Lafayette/
Lafayette Homes for Sale
3. San Antonio, TX
Median price of a home: $78,627
Median annual family income: $55,958
San Antonio is a continuously evolving city that has managed to diversify its economy, allowing for plenty of jobs. Buyer can choose from many four-bedroom, single-family homes starting at around $140,000.
http://www.trulia.com/TX/San_Antonio/
San Antonio Homes for Sale
4. Deltona, FL
Median price of a home: $80,473
Median annual family income: $56,907
House hunters are promised to find homes that offer a lot of value as home prices are now down to about half of what they were at the height of the market. With large attractions in nearby Orlando, including Walt Disney World, jobs are plentiful.
http://www.trulia.com/FL/Deltona/
Deltona Homes for Sale
5. Spring, TX
Median price of a home: $112,062
Median annual family income: $75,412
Located just 20 miles north of Houston, Spring is quickly growing along with its neighbor. Boasting nearly 50,000 residents, home buyers will find very affordable, very large homes, such as five-bedroom homes for around $250,000 and three-bedroom starters for only $50,000.
http://www.trulia.com/TX/Spring/
Spring Homes for Sale
6. Glendale, AZ
Median price of a home: $105,000
Median annual family income: $68,099
Glendale is a suburb of Phoenix and is a hot spot for sports. The home of the Arizona Cardinals and the Phoenix Coyotes has experienced much growth since these two professional teams came to town, and with that growth came an abundance of foreclosed homes, driving down prices, making single family properties very affordable.
http://www.trulia.com/AZ/Glendale/
Glendale Homes for Sale
7. Avondale, AZ
Median price of a home: $111,100
Median annual family income: $70,672
Avondale, another suburb of Phoenix, is quickly growing due to the affordability of homes in the area. A four-bedroom, 3,000 square-foot golf course home can be bought for around $280,000. Foreclosed homes are plentiful in Avondale too.
http://www.trulia.com/AZ/Avondale/
Avondale Homes for Sale
8. Bolingbrook, IL
Median price of a home: $155,000
Median annual family income: $96,792
At one time, Bolingrook was a small farming community, now the slow-paced town of roughly 70,000 is considered a distant suburb of Chicago. Four-bedroom, two-bathroom homes in the area are on the market for less than $200,000.
http://www.trulia.com/IL/Bolingbrook/
Bolingbrook Homes for Sale
9. Fishers, IN
Median price of a home: $174,296
Median annual family income: $108,086
Fishers has grown from around 7,000 residents in 1990 to 65,000 today, which includes several Indiana Pacers’ players. This growing community includes many large estates, homes of 10,000 square feet, are on the market for a very reasonable $1.5 million.
http://www.trulia.com/IN/Fishers/
Fishers Homes for Sale
10. Des Moines, IA
Median price of a home: $100,000
Median annual family income: $60,900
Des Moines is one of the few major cities in the United States to avoid impact by the housing bubble. Housing pricing haven’t fluctuated much, meaning homes on the market today are very reasonably priced.
http://www.trulia.com/IA/Des_Moines/
Des Moines Homes for Sale
11. Cedar Rapids, IA
Median price of a home: $120,500
Median annual family income: $71,466
As a ethnically diverse and culturally vibrant city, Cedar Rapids is an old city that is attracting a younger homebuyer. In 2008, flooding in the area led to the loss of over 300 homes, however this disaster had little to no impact on home pricing, keeping homes very affordable.
http://www.trulia.com/IA/Cedar_Rapids/
Cedar Rapids Homes for Sale
12. Spring Valley, NV
Median price of a home: $135,000
Median annual family income: $77,244
The population of Spring Valley, a growing city just west of the Vegas strip, has almost doubled between 1990 and 2000. And like most of Nevada’s cities which have seen explosive growth, many foreclosed homes have littered the area. Look for foreclosed condos and homes ranging from $30,000 to $150,000.
http://www.trulia.com/NV/Las_Vegas/
Las Vegas Homes for Sale
13.Warner Robins, GA
Median price of a home: $110,000
Median annual family income: $62,592
Warner Robins the town is named after a well known Air Force general. The town motto is “Every Day in Middle Georgia is Armed Forces Appreciation Day.” A typical single-family home cost around $110,000, which is very affordable considering the median family income.
http://www.trulia.com/GA/Warner_Robins/
Warner Robins Homes for Sale
14. Wichita, KS
Median price of a home: $115,138
Median annual family income: $64,889
Aircraft manufacturing from major companies, including Boeing, Airbus, Cessna, Learjet, and Hawker Beechcraft, has created many well-paying jobs in recent years. The housing market saw little effect from the crash and homebuyers can expect to find single-family homes starting as low as $200,000.
http://www.trulia.com/KS/Wichita/
Wichita Homes for Sale
15. Dale City, VA
Median price of a home: $163,000
Median annual family income: $90,719
Dale City, located approximately a thirty minute drive from Washington D.C., is a self-contained, ethnically diverse community first developed in the late 1960s. Homebuyers can expect to find many large four-bedroom homes on quarter-acre lots starting around $300,000.
http://www.trulia.com/VA/Dale_City/
Dale City Homes for Sale
16. Lincoln, NE
Median price of a home: $125,000
Median annual family income: $67,613
Home of the University of Nebraska this little big city is deeply rooted in college football and the university brings culture and entertainment to residents. The typical three-bedroom home in the area costs about $200,000 and there are many good deals to be had.
http://www.trulia.com/NE/Lincoln/
Lincoln Homes for Sale
17. Overland Park, KS
Median price of a home: $200,000
Median annual family income: $107,240
As the second largest city in Kansas, Overland Park has made more than one “best places to live” lists. The high median income is mostly contributed to the disproportionate number of Fortune 500 companies in the area. Very nice, three-bedroom homes are on the market for less than $200,000.
http://www.trulia.com/KS/Overland_Park/
Overland Park Homes for Sale
18. Joliet, IL
Median price of a home: $152,000
Median annual family income: $77,214
The recession in the early 1980s made this one-time steel town’s unemployment rate as high as 25 percent; however, since 2000 this town’s population has leaped 37 percent. Homebuyers will find great deals, such as 2,000 square-foot homes in the upper $100,000s.
http://www.trulia.com/IL/Joliet/
Joliet Homes for Sale
19. Huntsville, AL
Median price of a home: $140,000
Median annual family income: $68,755
Huntsville is a relatively large city with over 170,000 residents, many of whom are very well-paid scientists, technicians, and engineers working with NASA’s Marshall Space Flight Center. Like new single-family homes can be found for right around $200,000.
http://www.trulia.com/AL/Huntsville/
Huntsville Homes for Sale
20. Murfreesboro, TN
Median price of a home: $141,000
Median annual family income: $68,620
As a suburb of Nashville, Murfreesboro is the recipient of the city’s rapid growth. At any given time Murfreesboro is home to 23,000 students from Middle Tennessee State University. The market never showed signs of bubbling, and nice starter homes can be found on the market under $150,000.
http://www.trulia.com/TN/Murfreesboro/
Murfreesboro Homes for Sale
21. O’Fallon, MO
Median price of a home: $172,250
Median annual family income: $82,868
O’Fallon experienced much of its growth due to families fleeing St. Louis, about 35 miles to the east, as crime escalated and schools declined. As a very nice middle-class community, O’Fallon has many great deals on three to four bedroom homes, starting at around $150,000.
http://www.trulia.com/MO/O_Fallon/
O’Fallon Homes for Sale
22. Rogers, AR
Median price of a home: $124,483
Median annual family income: $59,658
Rogers has experienced a significant population growth over the past several decades, growing from just 11,000 residents in the 1970s to almost 60,000 today. As the corporate office home to the world’s largest revenue producing corporation, Wal-Mart, Rogers’ residents have seen the success trickle down to their communities. A large supply of homes has multiple options for all buyers.
Rogers Homes for Sale
23. Fargo, ND
Median price of a home: $144,802
Median annual family income: $69,142
Low unemployment, only 3.5 percent in May, along with a nearly non-existent crime rate makes Fargo a great place to start a family. Home prices haven’t inflated, keeping three to four bedroom homes reasonably priced.
http://www.trulia.com/ND/Fargo/
Fargo Homes for Sale
24. Springdale, AR
Median price of a home: $115,951
Median annual family income: $55,210
Much of Springdale’s growth in recent years can be accredited to a large Wal-Mart satellite office and Tyson Foods being headquartered here. Over the past decade, the housing market has experienced moderate growth and homebuyers can find a nice starter home for about $125,000.
http://www.trulia.com/AR/Springdale/
Springdale Homes for Sale
25. Washington, NJ
Median price of a home: $204,450
Median annual family income: $94,398
Only 65 miles from New York City, the real estate market in Washington is much more appealing than, for example, prices in Manhattan. A 3,000 square-foot home in Washington can range between $300,000 and $350,000.
http://www.trulia.com/NJ/Washington/
Washington Homes for Sale
Related Information
RelocateAmerica’s Top 100 Places to Live in 2010
TOP 29 Cities To Live In – 2010 Edition
Money Magazine’s Best Places To Live 2010: Minnesota Town Earns Top Honors
Best Places to Live – Money’s List of America’s Best Small Cities 2010
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