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Monthly home sales in 2024 have now exceeded the 2023 monthly sales totals for four of the five months.
What does this mean if you are looking to get in on some real estate for a reasonable price?
GOBankingRates reached out to some experts to find out where it is affordable tobuy property before 2024 ends.
Cleveland
Cleveland is up-and-coming when talking about infrastructure and community development, Adde said.
San Antonio
San Antonio offers affordability coupled with a booming economy, according to Adde.
The homes are cheaper than in other big Texas cities like Austin and Dallas, Fortune said.
The average home price is about $300,000.
San Antonio has many jobs in healthcare, defense and technology.
Many people are moving here, which means homes will be in demand for a long time.
Its a city with a strong economy, but not a lot of national attention.
In addition, steady population growth secures stable demand [for] housing.
Many people are moving to Tampa for its warm weather and job opportunities.
Indianapolis
According to Adde, Indianapolis boasts a strong rental market and low home prices.
Low cost of living makes this city attractive both to thebuyer and renter.
Indianapolis has one of the lowest costs of living among big cities in the U.S., Fortune said.
This makes it attractive to people looking to save money.
Homes in Indianapolis are quite affordable, with an average price of about $250,000.
This city is great for buying a home or even renting one out to make extra money.
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