Chicago topped Realtor.com’s list of U.S. cities with the most homes under $200,000.
After analyzing September home listings of the 300 largest metros, Realtor.com found that Chicago had the most homes under the affordable $200,00 mark, with 15,416 listings. Choices ranged from one-bedroom condos downtown to homes with yards on the city’s south side.
Other cities on the list included Miami, with 9,169 homes listed under $200,000; Philadelphia, with 8,575; Atlanta, with 8,469; and the New York City metro area, with 7,684.
“It’s common to find more affordable homes farther away from the city center,” says Chief Economist Danielle Hale of realtor.com. “Surprisingly, even in areas you would expect to be superexpensive, there are properties that are priced really low.”
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