10 Growing Real Estate Markets to Explore
By Stephanie Mojica , Staff Reporter
Housing prices have skyrocketed throughout the United States , leaving budgetconscious buyers scratching their heads trying to find an affordable home in an area with plenty of work , educational , and recreational opportunities . The good news is that dream isn ’ t a lost cause . REALTOR . com recently released a list of 10 upandcoming real estate markets .
1 . Johnson City , TN
This Tennessee city of about 200,000 people is near the Appalachian Mountains . The average home price of $ 379,000 is about 10 % less than the national average of $ 427,250 ( as of September 2022 ).
2 . Visalia , CA
For California , this city ’ s median home price of $ 400,000 sounds almost too good to be true . Visalia is in the San Joaquin Valley , about 40 miles from Fresno .
3 . Elkhart , IN
This city ’ s average home price of $ 257,000 is roughly 60 % of the national average . Elkhart is 15 miles from South Bend , 110 miles from Chicago , and 150 miles from Indianapolis .
4 . North Port , FL
Florida is another traditionally expensive market , but this city of 75,000 isn ’ t one of them . The median home price of $ 548,000 is about 30 % higher than the national average — but it ’ s Florida .
5 . Fort Wayne , IN
Indiana strikes again with its budgetconscious homes and access to work , education , recreation , and travel . The average house price in this city of 265,000 is $ 300,000 .
6 . Lafayette , IN
This Hoosier State city of 225,000 has a median home price of $ 291,000 — roughly 70 % of the national figure . Lafayette is about 60 miles from Indianapolis and 125 miles from Chicago .
7 . Columbia , SC
For a capital city , an average home price of $ 309,000 is pretty darn good . The secondlargest city in South Carolina , Columbia has a population of about 135,000 .
8 . Columbia , MO
As a major Midwestern college town , Columbia has a lot to offer its 125,000 residents . The median home price of $ 347,000 is 20 % lower than the national average .
9 . Raleigh , NC
Another southeastern state capital made this list , and Raleigh is undeniably one of the best cities in this part of the country . The average cost of a home in this city of 475,000 is $ 463,000 .
10 . Yuma , AZ
Another city west of the Mississippi made this list , with a median home price of $ 315,000 . This city of about 75,000 is known for its sunny weather .
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