Read previewAffordable homes are already rare in this cutthroat housing market, so finding a fairly priced property in a city with promising job prospects may seem like an impossible task.
While property prices are no longer surging, they're still elevated, as are mortgage rates.
"In-demand, affordable markets, such as those on the Wall Street Journal/Realtor.com Housing Market Ranking list, have seen prices climb, especially high relative to pre-pandemic prices."
Homes in those standout cities also cost 6% more than last year, while the rest of the US had flat home prices.
Within that group, there were 16 real-estate markets where homes were at least $150,000 less than the national average that also had an unemployment rate at or below 4%.
Persons:
—, Realtor.com, Hannah Jones, Danielle Hale, Jones, Hale
Organizations:
Service, Business, Street Journal, National Association of Realtors, Wall Street
Locations:
Realtor.com