10 U.S. Cities With the Most Homes Under $200,000, New Data Shows

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"Over the past several years, the number of homes under $200,000 has gone from around half of all sales to less than a quarter of sales in 2023," according to the report, which notes that this price point is"inarguably attractive" for first-time homebuyers, retirees, and those Using recent listing data from cities with more than 100 total homes for sale, the data analysts at Realtor.com ranked the U.S. cities with the most homes listed under $200,000 and compared that to their overall number of listings. They then compiled this list of 10 locales, which you might find quite surprising. Read on to learn about these hidden pockets of affordability before their housing stock is gone.

"For example, Detroit home prices are up by more than 10 percent compared with the same time last year," explains the report."In Cleveland, prices have grown by more than 20 percent in the past year. Akron and Lansing have also seen double-digit price growth."The top two cities on the list are both outside of Fort Lauderdale. It is worth noting, though, that most of their housing stock is condominiums.

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