10 Affordable Housing Markets Where You’ll Still Need $50K To Buy a Home

Check Out: The Cheapest Place To Buy a Home successful Every State

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According to caller lodging data, respective U.S. cities connection below-average location prices, making them charismatic options for first-time buyers and budget-conscious homeowners. However, adjacent successful these markets, you’ll request a coagulated fiscal instauration to screen upfront costs similar down payments, closing fees and moving expenses.

GOBankingRates has scoured the existent property marketplace to find 10 affordable cities wherever homes are inactive wrong reach. These locations onslaught a equilibrium betwixt debased lodging costs, livability and semipermanent concern potential, making them perfect for buyers looking to agelong their dollars successful today’s competitory existent property landscape.

• 2025 emblematic location value: $297,197

• Savings needed for 20% down payment: $59,439

• Annual owe with 20% down payment: $17,419

• Salary needed to spend a owe with a 20% down payment: $58,063

• Savings needed for 6% down payment: $17,832

• Annual owe with 6% down payment: $20,467

• Salary needed to spend a owe with 6% down payment: $68,224

• 2025 emblematic location value: $295,158

• Savings needed for 20% down payment: $59,032

• Annual owe with 20% down payment: $17,299

• Salary needed to spend a owe with a 20% down payment: $57,664

• Savings needed for 6% down payment: $17,709

• Annual owe with 6% down payment: $20,327

• Salary needed to spend a owe with 6% down payment: $67,756

Discover More: 3 Best States To Buy Property successful the Next 5 Years, According To Experts

• 2025 emblematic location value: $293,845

• Savings needed for 20% down payment: $58,769

• Annual owe with 20% down payment: $17,222

• Salary needed to spend a owe with a 20% down payment: $57,408

• Savings needed for 6% down payment: $17,631

• Annual owe with 6% down payment: $20,236

• Salary needed to spend a owe with 6% down payment: $67,454

• 2025 emblematic location value: $288,514

• Savings needed for 20% down payment: $57,703

• Annual owe with 20% down payment: $16,910

• Salary needed to spend a owe with a 20% down payment: $56,366

• Savings needed for 6% down payment: $17,311

• Annual owe with 6% down payment: $19,869

• Salary needed to spend a owe with 6% down payment: $66,230