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10 Places With Affordable Homes Where You’d Actually Want to Live

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There are many reasons people may want to move from Expensive city And in a small town. Some people crave for a laid-back, homely lifestyle, while others Housing market It’s a more affordable property and you can trade in as your equity increases.

among them Annual list Realtor.com has identified some of the most attractive small towns for those considering buying, as well as communities that are attractive to both those interested in investing and lifestyle changes.

Like many people Such rounding up One of the best places to invest in real estate, the Midwest offers more possibilities than towns within driving distance of major coastal cities. Celebrity jumps outside LA may be small, but the average home can still exceed millions.

“The Midwest is well known for its affordable housing prices and abundant small towns,” said Chief Economist Daniel Hale. Realtor.comSaid in a statement. “And some areas outside the Midwest are scenic and historic.”

Where are people moving?

One such place is Elk City, Oklahoma — The median list price for a town of 12,000 people in the western part of the state is $ 144,000, during which there has been an influx of people over the last two years since the pandemic.

Midwestern excelave, Albert Lea, MinnesotaIs 90 minutes from Minneapolis, but real estate is significantly lower. For a median home, it’s $ 144,950 compared to the latter $ 325,000.

The most expensive small town on the list Spirit Lake, Iowa With a median of $ 289,900, it’s still far from the city center of the country.

Madison, Indiana ($ 215,450) and Berlin, New Hampshire ($ 212,250) are two towns known for their natural beauty and quality of life.

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Both have seen an influx of out-of-state and out-of-state inhabitants take hold during a pandemic.

“Located between Louisville, Kentucky and Cincinnati, the area is full of rolling hills and limestone cliffs with many historic trails, and Michigan Road (the first road commissioned by the state in 1826). Realtor.com writes about Madison.

What about the Midwest?

In this list of 10 towns, there are only two outside the Midwest.With Berlin mentioned above Sweet water,Texas.

The town of 11,000 people is in the middle of the state and has a median listing price of $ 119,450. The downside is that it’s not particularly close to major cities, but for those trying to escape the turmoil, it can actually be a benefit.

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“Since the pandemic began, there have been countless headlines about large-scale migration to Texas, but Sweetwater, about two hours east of Odessa, Texas, remains relatively hidden from newcomers. Realtor.com reads. “That may change soon, at least when people discover this college town and the” wind turbine capital “related to much cheaper home prices. “

Focusing on the Midwest points to certain factors that are not surprising to anyone tracking the real estate market. Push out a lot There are many places in the Midwest where you can buy for a relatively reasonable income, but you own a full home.

As some experts are talking bubbleTime will tell you which of these places will soar and not bring the growth that some suburban investors want to see.

“what [homeowners] Cheap and spacious real estate, picturesque town squares, easy-to-walk downtown, good work, easy access to outdoor activities, and places with plenty of restaurants, bars, entertainment options, etc. A world of new opportunities has been found. “Realtor.com says.

Click here for a complete list of REALTOR.COM..

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