A $275,000 budget will keep you from finding decent (read: move-in-ready) homes in many cities and towns in the Northeast and West Coast, but it will open up great home options across the country. And now might be the right time to buy across the board: It was the first time since 2012 that house prices have fallen in July, according to Zillow. (You can see here the best mortgage rates you might get right now.) Here are some great cities where you can buy a home for under $275,000 right now.
Springfield, Massachusetts for culture and art
Springfield is the first city because it was where basketball was first played (the game was invented by a graduate student at Springfield College) and where the first gas-powered automobile was driven in the United States. is known. Another interesting fact: Doctor His Seuss, also known as Theodore, is the birthplace of his Geisel.
After its decline at the end of the 20th century, the city is determined to reinvent itself.th century. In 2017, it opened MGM Springfield, a billion-dollar casino, and in 2018, it opened a commuter rail line that travels between Springfield and New Haven, Connecticut (including the home of Yale University) .
A recent boom in business and a thriving cultural district that hosts countless exhibitions and performances make Springfield an attractive place to settle. Add some Berkshire charm to it. A mountainous region in western Massachusetts with plenty of state parks, hiking trails and fishing spots. Quaint towns like Lenox and Great Barrington. cultural institutions including Mass MOCA, a world-class center for contemporary art; Springfield isn’t a foodie destination, but it does have decent dining options, including live music and soul food at Theodores Booze Blues & BBQ and fine Italian at bnapoli Italian. Available for a budget of $275,000 this extraordinary 19th Century Eight Bedroom Homee — spend the remaining money on renovations — or this Newly renovated 4 bedroom.
Typical house price: $257,628
Average cost of living: 10.3% lower than the US average
Source: Best Places by Zillow and Sperling
For Southern Charm and Natural Beauty: Savannah, Georgia
Famously preserved as a Christmas present from General Sherman to then-President Abraham Lincoln at the end of the Civil War. Savannah is a walkable city filled with living oak trees dripping with Spanish moss.th– Century mansions and manicured town squares that serve as communal gardens. Home to the Savannah College of Art and Design (SCAD), the city also has his fourth-busiest port in the United States and is home to the Savannah His Bananas, an expo baseball team recently proclaimed by a New York Times reporter. There is also. The most popular team in baseball. ”
Enmarket Arena, a 9,500-seat stadium that hosts live music events and games by the Savannah Ghost Pirates, recently opened, and Hyundai recently announced the opening of an electric vehicle factory in nearby Bryan County.
Dine at outdoor restaurants in the new Plant Riverside neighborhood on the Savannah River, or enjoy the city’s traditional soul food with sweet potatoes and sandfried barbecue. Available for a budget of $275,000 a Fully renovated bungalows near downtown, or a 3 Bedroom Ranch With Carport & Spacious Yard South Of Town.
Typical house price: $278,598
Average cost of living: 16.8% lower than the US average
If you are raising a family: St. Paul, Minnesota
Located near the confluence of the Mississippi, Minnesota and St. Croix rivers, Minnesota’s capital, St. Paul, forms a “twin city” with neighboring Minneapolis. Not only are the two cities in close proximity, but with hundreds of lakes nearby (he has over 14,000 within the Minnesota border), opportunities for outdoor recreation abound. St. Paul is known to be particularly family-friendly, with attractions such as the Minnesota Museum of Science, free admission to Como his Park Zoo & Conservancy, and the nearby Mall of America, which hosts more than 400 events each year.
The city also has a great food scene, including Handsome Hog, run by Top Chef contestant Justin Sutherland, and Restaurant Alma, a semi-finalist for the 2020 James Beard Foundation Best Restaurant Award. The $275,000 budget offers many options, including: this bright two bedroom bungalow and this Family-friendly 4 bedroom with elegant backyard.
Typical house price: $292,905
Average cost of living: 0.3% lower than the US average
Foodie San Antonio, Texas
Famously where 189 soldiers stopped a siege by Mexican forces in 1836, sparking Texas’ Revolutionary War, the Alamo has a lot to offer in San Antonio. Known for attractions such as River Walk. The River Walk is a 24-kilometre-long urban waterway dotted with restaurants, shops and live music venues that host events throughout the year. Performing Arts Center.
Residents enjoy a fusion of traditions and cultures from Mexico, Spain, and the Old West, resulting in a cuisine rich in Tex-Mex and barbecue. Enjoy a wide range of options from food trucks in Southtown, known as the Arts District. And for fine dining, try one of San Antonio’s many James Beard-nominated restaurants, including Progressive His Mexican Cuisine Micutri. You can buy t with a budget of $275,000his Spacious and Bright 3 Bedroom Home or This 3 Bedroom When Backyard fireplace and expansive covered patio.
Typical house price: $300,929
Average cost of living: 10.3% lower than the US average
If you want a supportive community: Klamath Falls, Oregon
Ripe in natural beauty, Klamath Falls sits just north of the Oregon-California border on the shores of Upper Klamath Lake, a shallow freshwater lake about 25 miles long. Home to multiple community parks, farmers markets and breweries, Klamath Falls prides itself on supporting the well-being of its residents. Community initiatives include collaborating with the Blue Zones Project, which uses vetted research to optimize urban environments and build social networks for residents.
The city is home to close-knit neighborhood restaurants like the Dairy Bagel and Black Bear Diner. Klamath Falls is one of the few cities on the West Coast with plenty of housing options under $275,000. this 2 bedroom farmhouse built in 1929 and this 3 bedroom home ready to move in.
Typical house price: $298,496
Average cost of living: 16.5% lower than the US average
Any advice, recommendations or rankings contained in this article are those of MarketWatch Picks and have not been reviewed or endorsed by our commercial partners.