It can be difficult to keep up with the changing market. The process of buying and selling homes has become more complicated due to the many factors at play. It has become more expensive in a lot of cases.
That is not the case all the time. Some cities still have humming home markets, with low prices that insulate, against the effects of rising mortgage rates.
Where are the affordable houses? There are 10 cheapest US cities to buy a home in right now.
There are a few things to know about this city. At the moment, most of the affordable housing markets in the U.S. are in cities that were thriving at one point during their history.
During the city's boom times, a lot of housing was built to accommodate people who wanted to relocate. The city fell into economic hard times when industry left town, plants closed, and train routes were no longer in service.
These cities have a larger supply of housing that is more affordable than other areas in the country. The 10 cheapest markets are listed here.
The price per square foot is the median.
There is a median home price.