Finding an affordable home in 2024 may sound like an impossible task, but according to a new report by Realtor.com, home sales for less than $200,000 still exist.You just need to know where to look.According to the real estate company, housing prices skyrocketed following the COVID-19 pandemic and have not yet come back down for the most part. The average U.S. home is now valued nearly 50% higher than this time four years ago.
RELATED: This is the staggering amount homeowners spend on costs besides their mortgageAccording to the research team, the towns are attractive because they're in a popular retirement destination but more affordable than other nearby Florida cities."Areas that were once popular for downsizing are now out of reach for many," said Hannah Jones, a Realtor.com senior economic analyst.