Even with mortgage rates still at 6.19 percent, finding a reasonably priced home can still be a challenge for homebuyers.
However, there are still some appealing pockets across America, where house hunters can secure dream living in a desirable location for a bargain price. where to see.
In late November, Realtor.com ® listed 10 metros with homes offered for less than $250,000, which is $175,000 below the national median — all of which boast community amenities that make them not only affordable but truly desirable places to live.
“Even in today’s challenging housing market, many smaller metros continue to offer homebuyers a rare combination of affordability and stability.” Hannah JonesSenior Economic Research Analyst at Realtor.com.
“In many of these cities, home prices are closely tied to local incomes, which allows one to buy a typical home without a typical home price.”
Now, as we await next week’s Federal Reserve meeting to see if policymakers will announce a third overnight benchmark rate cut this year, Realtor.com has rounded up five of the most attractive locations in these areas, from New York to Texas.
Whether you’re a new homebuyer looking for a starter home or a retiree looking to downsize to affordable housing, here are five incredible bargains that could prove a solid investment.
1. 1416 Hayes St., Wichita Falls, TX
Price: $199,900
Near Sheppard Air Force Base: Built in 1925, this four-bedroom brick residence “loaded with potential” boasts newly installed windows and a brand new front door.
Although no photos of the interior are shown, the listing says the “unbelievable purchase” in Flower Heights has a formal dining area, living room, sun room and outdoor bar area. An updated kitchen has custom cabinetry, granite counter tops, and a shiplap ceiling.
This corner lot also includes a detached garage, offering additional living space.
Judy Brennanof Hershey Realtors, is the listing agent.
2. 1701 W. Church St., Elmira, New York
Price: 9 139,000
33 miles southwest of Ithaca: This two bedroom ranch is located on a corner lot in the same town Mark Twain “The Adventures of Huckleberry Finn.”
Built in 1940, the 1,364-square-foot ranch has already taken an $11,000 price hit since hitting the market a few weeks ago. The cozy living room has a wood-burning fireplace, while a bright and airy bedroom boasts cathedral ceilings, a skylight and outdoor access. There is also an attached, two-car garage.
A front, covered patio would be a nice spot for morning coffee.
Susan A. Ankertof Nora Mae Davis Real Estate, is the listing agent.
3. 901 Fairview St., Pottsville, PA
Price: 9 139,900
50 miles from Alien Town: This is a freshly painted interior in a corner spread over three bedroom residence.
Built in 1950, the 1,388-square-foot residence has tile floors and carpet. A large kitchen with oak cabinetry has white and stainless steel appliances. There is also a two-car, attached garage.
A covered patio overlooks a private fenced yard, which includes a paved area with a basketball hoop.
Don Schwartzof Exp Realty, LLC, is the listing agent.
4. 152 Riverview Dr., Ottawa, IL
Price: 9 179,900
80 miles southwest of Chicago: This three bedroom ranch offers “timeless charm” and “endless potential” ideally located near the Illinois River.
Built in 1952, the 1,300-square-foot residence needs some TLC, but its “classic design and prime location make this a solid opportunity,” according to the listing. Highlights include original hardwood floors, large windows, a sunroom, and a downstairs bathroom that can be converted into a guest suite.
Being sold as is.
Robert Millerof Viola Home, is the listing agent.
5. 3214 Penn St., St. Joseph, MO
Price: 4 164,900
28 miles from Kansas City: This three bedroom cape is located in the same town as the house Kansas City Chiefs Summer training camp.
No photos of the interior are included, but the listing says the 1,500-square-foot home includes “beautiful hardwood floors” as well as an “additional family room” designed for entertaining and relaxing. Built in 1925, the “move-in ready” residence “full of potential” includes a detached, one-car garage with a workshop.
A private outdoor space overlooks a fenced yard.
Tammy RiveraBerkshire Hathaway Home Servers is the listing agent for Stan & Summers Real Estate.