Owning a home is a lifelong dream for many Americans. But in many parts of the country, the dream can seem hazy and all too distant these days. Prices have zoomed to new heights over the past year as hordes of buyers flocked to the market—right at the same time that sellers spooked by the pandemic pulled their listings. Today, it’s hard enough finding a home for sale due to that historic inventory shortage, let alone one at a reasonable price.
However, there are still deals to be found—if you know where to look. That’s why our data team scoured the nation to find the metropolitan areas with the most homes for sale at just $100,000 or less. That’s quite a bargain considering the national median list price was more than three times higher, at $340,000 in December, according to realtor.com® data.