Interesting Cities In America Where You Can Buy A Home For $100,000 Or Less
Home prices have skyrocketed: According to data from Realtor.com, the national median listing price in November 2021 was $379,000, mortgage rates are still close, albeit slightly higher, Historic lows — with 30-year rates around 3.2% and some 15-year rates around 2.4% — and in some cities, you can still buy a home for $100,000 or less. We've identified five towns where, as of December 2021, the median home value was less than $100,000, but there's still plenty to do and see.
Condé Nast Traveler noted, "Detroit's continued evolution and the innovators who fuel it." Indeed, according to Zillow, Detroit—with a median home value of $63,449—has a thriving art Majestic Theatre and community initiatives, including the Heidelberg Project, which establishes outdoor art projects in All over the city.
You'll also enjoy many outdoor activities at places like Belle Isle Park, a 982-acre island, and a natural conservatory with an aquarium. Detroit is a hotspot for culinary innovation, with restaurants including Takoi, a 2017 James Beard semi-finalist for Best New Restaurant, and Apparatus Room, located inside the Detroit Foundation Hotel and run by Executive Chef Thomas Lents. Some of the significant downsides are that crime is rising in the city, and not all neighborhoods have been revived.
As a Dayton resident, you'll find plenty to keep you occupied, especially with children. Enjoy the exhibits and programs at the National Museum of the US Air Force or the Bonshoft Museum of Discovery, including a zoo and the Apollo Observatory, an astronomical observatory. Dayton is also an excellent place for the adventurous family: National Geographic called it "America's Next Outdoor Adventure Capital," citing its 16,000 acres of parks and multiple rivers, some great for kayaking and canoeing. Cincinnati and Columbus are both about an hour's drive away, which means you'll have access to big-city amenities at reasonable rates. Like Detroit, Dayton has experienced a renaissance in recent years, with home prices rising 24.4% in the past year, according to Zillow. However, the median home value is still under six figures, at just $97,272. But like Detroit, crime in Dayton is high.
Birmingham is home to many attractions, including the award-winning Alabama Ballet, the Alabama Symphony Orchestra, and Barber Motorsports, which houses the world's largest motorcycle museum and a publicly funded research center with an entire college dedicated to continuing studies for Life Long Learning. You'll also enjoy plenty of good dining and shopping options in the recently revitalized city center, including ramen at Shus and a selection of clothing at Club Duquette. The median home value is $95,589.
Jackson established himself as a center for learning about slavery and the civil rights movement. Historical attractions include the Mississippi Civil Rights Museum and the Mississippi Freedom Trail, which have 25 signs that commemorate the civil rights movement. Housing in Jackson is still affordable, with a median home price of about $77,689. Buy a three-bedroom home at an affordable price and spend your weekends enjoying the natural beauty of the surrounding parks, including LeFleur's Bluff State Park. There's also plenty of shopping and dining in Fondren, with nearly two dozen restaurants, bakeries, bars, and cafés in a four-block radius. Just be prepared for some swampy summer.
For those who want a tight-knit community: Huntington, West Virginia
Located on the banks of the Ohio River at the point where West Virginia, Ohio, and Kentucky meet, Huntington has a lot of natural beauty.
The median home price in the city is $94,150, and it offers plenty of access to wildlife and outdoor activities in the nearby Crown City Wildlife Area and Beech Fork Lake Wildlife Management Area. A grand prize winner in America's Best Communities competition, Huntington is currently undergoing a $30 million community revitalization campaign to transform downtown areas, make neighborhoods more walkable, and create a baseball field. However, Huntington has a problem with crime (although many neighborhood organizations are committed to making life better for residents) and drugs.
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There are many beautiful small towns within an hour's drive of business and employment centers (hundreds of thousands?) where life in general and housing, in particular, are more accessible, safer, and more affordable. It only takes a little or a lot of research and then a visit to confirm if the place is.
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