Welcome to the world of extreme bargain hunting in the housing market! If you’re looking to buy a home for less than $100,000, there’s only one big metro left where you can find such a steal. According to a recent report by real estate brokerage firm Redfin, out of the 50 most populous metros in the U.S., only one offers starter homes with a median price that is still in the five-figure range.
Fortunately, for those willing to stretch their budget just a bit, there are a handful of other markets that also offer starter homes at a median price that is not too far above the $100,000 mark. If you’re in the market for a budget-friendly home, you’re in luck!