US cities with the most homes under $200,000

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The cost of buying a home in the U.S. is at a record high, but a new study shows where you can find the most homes for sale at less than $200,000, which is roughly half the median.

Home prices in the U.S. have been soaring since the pandemic began and show no signs of slowing down, leaving everyday Americans increasingly priced out of the housing market — and many would-be buyers gave up on finding an affordable place years ago. The average home price is up 47.1% since 2020, with the median sale price recently hitting $394,000, according to the latest data from Redfin.

With that in mind, the real estate agency conducted a study to find where the most affordable homes still remain — at least for now. Here are the cities in the U.S. with the most homes available for under $200,000, according to Realtor.

 

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