--- title: You Can Still Find Homes Under $350,000 in These 10 Cities description: Some big cities (mostly in the in the South) have seen major growth in affordable home listings, according to a new analysis. authors: - name: Mary Ellen Cagnassola role: Reporter url: https://money.com/author/mary-ellen-cagnassola/ bio: Mary Ellen (M.E.) Cagnassola is a former Money reporter who specialized in U.S. rent and real estate, with a focus on market trends and affordability. education: Rutgers University, BA Journalism at_money_since: 2021 articles: 205 covers: - Housing - Banking - Business - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Pets - Professional Services - Retirement - Shopping - Taxes former_staff: true editors: - name: Brad Tuttle role: Senior Editor url: https://money.com/author/brad-tuttle/ bio: Brad Tuttle is a former senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals. education: Columbia University School of Journalism, MS at_money_since: 2014 articles: 366 covers: - Housing - Banking - Business - Career Advice - Credit - Credit Cards - Economy and Politics - Education - Health and Wellness - Identity Theft - Insurance - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Pets - Professional Services - Retirement - Shopping - Taxes - Technology social: - https://twitter.com/bradrtuttle - https://linkedin.com/in/brad-tuttle-834b225 former_staff: true published: '2024-03-13T12:00:02.000Z' section: Housing tags: - News word_count: 427 canonical: https://money.com/cities-increase-home-for-sale-350000/ type: NewsArticle source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Photo of colorful houses in New Orleans, Louisiana](https://img.money.com/2024/03/News-Top-Cities-Affordable-Homes.jpg) *New Orleans* Where, oh where are all the affordable homes? With the national median home price hovering around $415,000, weary shoppers may feel like they have a better chance of finding a castle in the air. But a new [analysis](https://www.realtor.com/news/trends/where-affordable-homes-under-350k-are-flooding-market/) from Realtor.com shows there are a handful of big cities where homebuyers can still make a purchase for $200,000 to $350,000. Even better: The number of homes for sale in this range shot up more than 20% in February compared to the same time last year. ## A “growth spurt” in homes priced under $350,000 Even with [mortgage rates](https://money.com/current-mortgage-rates/) and home prices poised to cool a bit this year, affordability will remain a challenge for the average buyer in 2024. As of last month, homebuyers need a household income of about $106,500 a year to afford the [monthly mortgage payment](https://money.com/mortgage-calculator/) on a typical home, according to a [recent report](https://money.com/income-needed-to-buy-home-zillow/). But Realtor.com’s analysis shows that the circumstances aren’t so bad everywhere, and there are actually more affordable homes now compared to a year ago. A “growth spurt” in listings between $200,000 and $350,0000 in February outpaced all other price categories. The major metropolitan areas with the greatest share of listings at this price tier are mostly in the South, which the Realtor.com report says now accounts for more than half of the country’s available affordable inventory. The median for listings in this range is about $285,000, a whopping $130,500 less than the current national median. Miami and Tampa, Florida saw the most growth in this range, even though the median home prices in these cities are pretty high at $550,000 and $416,000, respectively. Florida is home to 18% of the country’s supply of listings within the affordable price range, Realtor.com Chief Economist Danielle Hale said in the report. What can homebuyers get within this range? Miami and Tampa offer mostly attached homes, meaning condos, townhomes and row houses. Those looking for single-family homes can find budget-friendly options in Texas — specifically Dallas, San Antonio and Houston. ## 10 cities with the most affordable homes The cities with the greatest shares of affordable homes are mostly in the South. These are the 10 big cities with the most listings between $200,000 and $350,000: 1. Miami, Florida 2. Dallas, Texas 3. Tampa, Florida 4. San Antonio, Texas 5. Houston, Texas 6. Orlando, Florida 7. Atlanta, Georgia 8. Oklahoma City, Oklahoma 9. New Orleans, Louisiana 10. Birmingham, Alabama ![](https://s3.consumersadvocate.org/prd/image/image/26681/medium_57f09f10-efb8-487d-a73e-5f7d605144eb.png) Imagine finally owning your dream home — Rocket Mortgage (NMLS #3030) can help! [View Rates](https://money.com/pr/t39f99e0e0ab?ap_referrer=%2Fcities-increase-home-for-sale-350000%2F) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/cities-increase-home-for-sale-350000/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Housing", "item": "https://money.com/housing/" }, { "@type": "ListItem", "position": 3, "name": "Home Buying", "item": "https://money.com/home-buying/" }, { "@type": "ListItem", "position": 4, "name": "You Can Still Find Homes Under $350,000 in These 10 Cities" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/cities-increase-home-for-sale-350000/#webpage", "url": "https://money.com/cities-increase-home-for-sale-350000/", "name": "You Can Still Find Homes Under $350,000 in These 10 Cities", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2024-03-13T12:00:02.000Z", "mainEntity": { "@id": "https://money.com/cities-increase-home-for-sale-350000/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/cities-increase-home-for-sale-350000/#breadcrumb" } }, { "@type": "NewsArticle", "headline": "You Can Still Find Homes Under $350,000 in These 10 Cities", "articleSection": "Housing", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2024/03/News-Top-Cities-Affordable-Homes.jpg", "width": 2880, "height": 1920, "caption": "News-Top-Cities-Affordable-Homes" } ], "author": [ { "@type": "Person", "name": "Mary Ellen Cagnassola", "url": "https://money.com/author/mary-ellen-cagnassola/", "@id": "https://money.com/author/mary-ellen-cagnassola/#author", "description": "Mary Ellen (M.E.) 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