As more buyers look to the suburbs for more space and less cost, Realtor.com identified the top 10 largest metros with more affordable square footage. These larger metros can be ideal for a new ex-urbanite who may still need to commute into cities. The listing site acknowledges that these metros are not the cheapest—some are still pricey. But buyers can still spend less compared to a large dwelling in a city center. Realtor.com analyzed median listing prices for single-family homes with at least 1,800 square feet that are within 25 miles of a big city. Read more to see if your market topped the list.
We focused on suburbs where the cost of similar-size homes was within 20% of the median list price in the nearby city. Only one community per city was included in our rankings.
Ready to find out where cash-constrained buyers can stretch their dollars?
1. Sicklerville, NJ
Urban metro: Philadelphia
Median listing price: $282,000
Savings per square foot: 20% (suburban, $118; urban, $148)
There's a lot to like about Sicklerville, just 30 minutes southeast of Philadelphia. The neighborhood, which spans parts of Gloucester and Winslow, offers easy access to nature. There's canoeing in the New Brooklyn County Park as well as fishing, hunting, and bird watching at the Winslow Fish and Wildlife Management Area.
Advertisement
Related Stories
Housing Markets
Which US Housing Markets Are the Hottest?
Denver once again tops the list of the hottest MSAs overall on the U.S. News Housing Market Index, exhibiting a mix of strengths including a positive ratio of building permits to job growth
Affordability
The 5 Most and 5 Least Affordable US Housing Markets
The top five least affordable major markets are all in California, while Lansing, Mich., leads the pack of affordable metros
Housing Markets
Metros Seeing the Biggest Jumps in Home Inventory
While inventory levels are still down compared with historical data, it's reassuring to see recent inventory increases indicating a more positive trend