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Buying a first home has become increasingly difficult as housing prices and mortgage rates have climbed in recent years. For many families and first-time buyers, finding an affordable place to live can feel out of reach.
Fortunately, some cities across the United States still offer relatively affordable starter homes. These locations provide opportunities for buyers who want to enter the housing market without paying the extremely high prices found in many major metropolitan areas.
Buying a First Home Is Getting Harder
Rising home prices and mortgage rates have made buying a home more difficult for many families. Still, some cities across the country remain more affordable for people hoping to purchase their first house.
Some Cities Still Offer Affordable Starter Homes
Researchers looked at affordability, housing availability, and local economic conditions to identify cities where first-time homebuyers may still find reasonably priced houses.
Rochester, New York
In Rochester, New York, the median listing price for homes is about $139,900. For families hoping to buy their first home, cities like this may offer more attainable housing compared with expensive coastal markets.
Harrisburg, Pennsylvania
In Harrisburg, Pennsylvania, the median listing price for homes is about $151,999. For families hoping to buy their first home, cities like this may offer more attainable housing compared with expensive coastal markets.
Granite City, Illinois
In Granite City, Illinois, the median listing price for homes is about $119,000. For families hoping to buy their first home, cities like this may offer more attainable housing compared with expensive coastal markets.
Birmingham, Alabama
In Birmingham, Alabama, the median listing price for homes is about $148,950. For families hoping to buy their first home, cities like this may offer more attainable housing compared with expensive coastal markets.
North Little Rock, Arkansas
In North Little Rock, Arkansas, the median listing price for homes is about $170,000. For families hoping to buy their first home, cities like this may offer more attainable housing compared with expensive coastal markets.
Syracuse, New York
In Syracuse, New York, the median listing price for homes is about $169,900. For families hoping to buy their first home, cities like this may offer more attainable housing compared with expensive coastal markets.
Baltimore, Maryland
In Baltimore, Maryland, the median listing price for homes is about $223,900. For families hoping to buy their first home, cities like this may offer more attainable housing compared with expensive coastal markets.
St. Louis Park, Minnesota
In St. Louis Park, Minnesota, the median listing price for homes is about $375,000. For families hoping to buy their first home, cities like this may offer more attainable housing compared with expensive coastal markets.
Pittsburgh, Pennsylvania
In Pittsburgh, Pennsylvania, the median listing price for homes is about $249,000. For families hoping to buy their first home, cities like this may offer more attainable housing compared with expensive coastal markets.
Garfield Heights, Ohio
In Garfield Heights, Ohio, the median listing price for homes is about $140,000. For families hoping to buy their first home, cities like this may offer more attainable housing compared with expensive coastal markets.
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