5 Affordable, Promising Cities to Buy Real Estate in 2024

In this article, we will take a look at the 5 affordable, promising cities to buy real estate in 2024. If you wish to see our detailed analysis, you can go to 20 Affordable, Promising Cities to Buy Real Estate in 2024.

5. Kingsport

1 Year Price Appreciation: 11.1%

Average Home Value: $221,217

As of March, the year-over-year appreciation in Kingsport’s home prices is 11.1%. The city offers an average home value of $221,217.

4. New Haven

1 Year Price Appreciation: 11.2%

Average Home Value: $351,560

The city of New Haven is based in New Haven County, Connecticut. Average home value in the city is cheap while home prices have appreciated since 2023.

3. Syracuse

1 Year Price Appreciation: 11.2%

Average Home Value: $214,358

Syracuse ranks among the most affordable and promising cities for investing in real estate. As of March, an 11.2% appreciation in the city’s home prices has been witnessed.

2. Rockford

1 Year Price Appreciation: 11.8%

Average Home Value: $180,258

Rockford is another city where prices have grown by 11.8% between 2023 and 2024. Furthermore, the average home value in the city is currently $180,258.

1. Hartford

1 Year Price Appreciation: 12.5%

Average Home Value: $343,635

Hartford ranks at the top of the 20 affordable, promising cities to buy real estate in 2024. As of March, the average home value in the city is as low as $343,635 and the home prices have appreciated by 12.5% over the past year.

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