Home News Cities With the Best Real Estate Deals for Under $250K

Cities With the Best Real Estate Deals for Under $250K

Homes in an urban neighborhood

Homes in an urban neighborhood Urban homes | iStock.com/jnatkin

It’s no secret that skyrocketing home prices are turning once livable cities into playgrounds for the rich. As the housing market recovers from the devastation of the 2008 economic collapse, median home prices are rising while many American’s wages are stagnating.

However, those who have always dreamed of owning a home need not fret. Outside the rapidly growing megacities in America, there are a number of towns where opportunities are high and housing prices are well below $250,000. Many smaller cities such as Chattanooga, Tennessee are flush with high-tech industries, cultural events, and breathtaking scenery that rivals anything found in one of the country’s overpriced metro areas.

Here are 30 cities, ranging from burgeoning municipalities to established boomtowns, where homeowners can settle down without collapsing into debt.

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