As a millennial in the housing market, you’ve probably heard your fair share of gripes from your senior real estate-buying peers. Gripes about the supposed complacency and slothfulness of millennials dominates any conversation on real estate, with a cloying excess of finger wagging and condescension from our more elderly peers.
Those of us who entered the real estate market too late to reap the benefits created by a thriving economy know all too well that the difficulties millennials face are hardly their own fault. The source of our troubles lies in the careless behavior of our predecessors, antics that sowed the seeds which sprouted into the economic chaos we millennials face today.
This notwithstanding, there’s no sense crying over spilled milk. As millennials, we’ve got to make the best of the housing market we inherited. With housing prices spiraling out of control, we’ve got to look for markets where we can hope to find homes with price tags closer to being within the realm of reason than in higher-priced regions.
So what are these cities? Where can we millennials hope to purchase property without running the risk of financial ruination? That’s what we’re here to find out today. In this article, we’ll take a look at some of the most reasonably priced housing markets in cities across the country and what you can expect when buying in these markets. Let’s get started!
Port Charlotte FL
Nestled near the southwestern tip of the sunny state of Florida, the little community of Port Charlotte is one of the best places millennials can look to when seeking to buy a home. Not only does this charming little community boast a surprisingly low median home price; it’s also well known for its exceptionally attractive quality of life.
So what does this city have to offer its residents, besides its impressively low median home price? Well, quite a lot, as it turns out! Port Charlotte is well known for its sunny climate, laid-back populace, and delightful beachside location. When you take its financial viability as a place to live into account, this place is what is often referred to as a great deal!
So what is the median home price in Port Charlotte, you ask? Well, at a median price of $205,000, homes in this community aren’t exactly cheap. Nevertheless, with some careful money management, you can feasibly save up enough for a down payment, provided you have steady employment.
However, what really makes it perfect for millennials is its relatively close proximity to cultural and economic centers in Tampa and Miami. While not quite close enough to allow an easy commute to these cities, working in either is definitely a viable option for anyone seeking advancement in their career.
If you want to make this delightful city your home, you’ll need to get in touch with one of the real estate agents in Port Charlotte FL. These experienced, professional realtors are the most qualified people you could have on your case if you’re looking for a place to call home in this community. With their help, you might just be calling Port Charlotte home before too long.
High Point NC
North of Charlotte and west of Raleigh, one of the state’s most attractive cities lies woefully underappreciated and unrecognized. With an impressively low median home price, a thriving social scene and a long list of attractions, this town has a ton to offer its residents. Throw in a vivacious job market and a relatively low cost of living and you’ve got yourself the perfect combination of factors to make a great home for millennials!
Ask anyone from High Point what their favorite thing about living in this town is, and you’ll receive the same answer: the people! High Point has one of the warmest, friendliest and most welcoming populaces that you’ll find anywhere in the state, and they’re always welcoming new arrivals. If you choose to make it your home, you’ll love it!
But you aren’t here for recommendations on good places to live; you want the details on what it’s going to cost you to make this city your home. That being the case, let’s talk about the median home price. At a cool $159,000 this is one city where buying a home isn’t likely to leave you financially ruined!
That’s not even to mention investment value; with an absurdly high appreciation rate, buying real estate in High Point is a near-foolproof investment. With time, any purchases in this city are likely to make the purchasers a hefty profit, provided they manage their property wisely. For any millennial unsure of where they plan on spending the rest of their life, this is an attractive perk.
If you want to make this charming city your home, you’ll want to get in touch with one of the real estate agents in High Point NC. These experienced, knowledgeable professionals know their town better than just about anyone else, and there’s no one better suited to helping you find your dream home.
One of the fastest growing cities in Florida, the city of Jacksonville has a median home price that might surprise you in a good way! Alongside this surprisingly low median home price, Jacksonville has a bevvy of attractive features that are likely to sway any and all millennials in favor of making the city their home.
So what does Jacksonville have to offer besides inexpensive housing, you ask? The answer is lots of things! From its many bars and clubs to its mouth-watering selection of restaurants and its beautiful beaches, Jacksonville is a place that home buyers of all ages will gravitate towards by virtue of its attractions alone.
But let’s talk about the real estate market in Jacksonville for a moment. With a median home price substantially below the national average, millennial home buyers will be excited to learn that they can easily find home for $207,000 or less. While they aren’t exactly giving homes away here, these prices are far more palatable than those you’ll find in other large cities.
If you’re concerned about being able to find a job, don’t be! As one of Florida’s newest metropolises, you can rest assured that employment is as easy to find as it is anywhere else in the country. With some searching, you shouldn’t have much trouble finding a position where you can do something you love and get paid well doing it.
Are you convinced? We thought so! If you want to take the next step, you’ll need to get in touch with one of the excellent realtors in Jacksonville FL. With a deep and thorough knowledge of the area, these experienced real estate professionals are sure to have you in a home that suits your needs and your budget in no time flat.
As a millennial in today’s housing market, you face a lot of challenges that previous generations never faced. The thought of buying a home might leave you feeling defeated and helpless; we hope we’ve done our part to change that! After perusing the available real estate in these communities, there’s a good chance you’ll find something that suits you quite well. We wish you the best of luck in your search!