Many companies featured on Money advertise with us. Opinions are our own, but compensation and
in-depth research may determine where and how companies appear. Learn more about how we make money.

Editor:
Published: Feb 09, 2023 3 min read
Detroit Aerial Panorama
Detroit, Michigan
Getty Images

Even with falling home prices in recent months, the national median cost of a house is still up around $400,000. But potential buyers stressed out by the lack of affordability in the housing market can still find homes priced under $200,000 — they just need to know where to look.

Ads by Money. We may be compensated if you click this ad.AdAds by Money disclaimer
Take the first step to buying a new home today
Mortgage Experts at Rocket Mortgage (NMLS #3030) are available to get you started on your home-buying journey with solid advice and priceless information. To find out more, click on your state today.
HawaiiAlaskaFloridaSouth CarolinaGeorgiaAlabamaNorth CarolinaTennesseeRIRhode IslandCTConnecticutMAMassachusettsMaineNHNew HampshireVTVermontNew YorkNJNew JerseyDEDelawareMDMarylandWest VirginiaOhioMichiganArizonaNevadaUtahColoradoNew MexicoSouth DakotaIowaIndianaIllinoisMinnesotaWisconsinMissouriLouisianaVirginiaDCWashington DCIdahoCaliforniaNorth DakotaWashingtonOregonMontanaWyomingNebraskaKansasOklahomaPennsylvaniaKentuckyMississippiArkansasTexas
View Rates

What the research says