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50 Southern Cities Where You Could Buy Luxury Homes for $250,000 or Less

July 18, 2024

5 min Read

Written by Deborah Sabinus

Edited by Amber Barkley

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It might seem unlikely in today’s housing market, but U.S. buyers can still find luxury homes in good condition for $250,000 — or even less, depending on the location. And these aren’t tiny luxury homes, either.

According to an industry report from Mordor Intelligence, the luxury homes market is booming across the United States and has drawn so many buyers that the home prices have soared 50% over the past several quarters. So the right time to consider buying a luxury home would be now. GOBankingRates found 50 cities in the South where you can buy a luxury home for $250,000 or less.

Greenville, Mississippi

Size Rank: 1,731
Average Top-Tier Home Value in 2024: $148,481

Pine Bluff, Arkansas

Size Rank: 1,343
Average Top-Tier Home Value in 2024: $166,594

Jackson, Mississippi

Size Rank: 241
Average Top-Tier Home Value in 2024: $168,482

Port Arthur, Texas

Size Rank: 1,071
Average Top-Tier Home Value in 2024: $169,089

Rio Grande City, Texas

Size Rank: 1,380
Average Top-Tier Home Value in 2024: $189,197

Clarksburg, West Virginia

Size Rank: 2,415
Average Top-Tier Home Value in 2024: $192,997

Roanoke Rapids, North Carolina

Size Rank: 2,531
Average Top-Tier Home Value in 2024: $202,695

Gadsden, Alabama

Size Rank: 1,585
Average Top-Tier Home Value in 2024: $203,802

Plainview, Texas

Size Rank: 2,470
Average Top-Tier Home Value in 2024: $205,972

Mercedes, Texas

Size Rank: 1,883
Average Top-Tier Home Value in 2024: $211,691

Donna, Texas

Size Rank: 1,126
Average Top-Tier Home Value in 2024: $212,097

Westwego, Louisiana

Size Rank: 1,741
Average Top-Tier Home Value in 2024: $213,979

Huntington, West Virginia

Size Rank: 730
Average Top-Tier Home Value in 2024: $218,582

Martinsville, Virginia

Size Rank: 2,012
Average Top-Tier Home Value in 2024: $220,020

Natchez, Mississippi

Size Rank: 2,086
Average Top-Tier Home Value in 2024: $220,462

Forest Park, Georgia

Size Rank: 2,487
Average Top-Tier Home Value in 2024: $223,486

Alice, Texas

Size Rank: 2,356
Average Top-Tier Home Value in 2024: $224,687

Meridian, Texas

Size Rank: 937
Average Top-Tier Home Value in 2024: $224,743

Parkersburg, West Virginia

Size Rank: 1,268
Average Top-Tier Home Value in 2024: $225,359

Pharr, Texas

Size Rank: 646
Average Top-Tier Home Value in 2024: $226,143

Ponca City, Oklahoma

Size Rank: 2,130
Average Top-Tier Home Value in 2024: $227,907

Lawton, Oklahoma

Size Rank: 461
Average Top-Tier Home Value in 2024: $229,297

San Benito, Texas

Size Rank: 1,158
Average Top-Tier Home Value in 2024: $229,318

Duncan, Oklahoma

Size Rank: 2,306
Average Top-Tier Home Value in 2024: $229,417

Kinston, North Carolina

Size Rank: 1,635
Average Top-Tier Home Value in 2024: $229,486

Opelousas, Louisiana

Size Rank: 1,615
Average Top-Tier Home Value in 2024: $229,891

Americus, Georgia

Size Rank: 2,464
Average Top-Tier Home Value in 2024: $230,152

Abbeville, Louisiana

Size Rank: 2,592
Average Top-Tier Home Value in 2024: $230,415

Muskogee, Oklahoma

Size Rank: 1,326
Average Top-Tier Home Value in 2024: $230,586

San Juan, Texas

Size Rank: 1,754
Average Top-Tier Home Value in 2024: $230,855

Cumberland, Maryland

Size Rank: 1,401
Average Top-Tier Home Value in 2024: $231,194

Rockingham, North Carolina

Size Rank: 2,405
Average Top-Tier Home Value in 2024: $231,715

Beckley, West Virginia

Size Rank: 2,291
Average Top-Tier Home Value in 2024: $232,086

Albany, Georgia

Size Rank: 537
Average Top-Tier Home Value in 2024: $232,269

Darlington, South Carolina

Size Rank: 2,541
Average Top-Tier Home Value in 2024: $232,456

Waycross, Georgia

Size Rank: 1,662
Average Top-Tier Home Value in 2024: $232,852

Socorro, Texas

Size Rank: 1,975
Average Top-Tier Home Value in 2024: $234,117

Philadelphia, Mississippi

Size Rank: 2,571
Average Top-Tier Home Value in 2024: $234,645

Jacksonville, Arkansas

Size Rank: 1,536
Average Top-Tier Home Value in 2024: $235,253

Kingsville, Texas

Size Rank: 2,180
Average Top-Tier Home Value in 2024: $236,096

Alamo, Texas

Size Rank: 1,350
Average Top-Tier Home Value in 2024: $236,164

Mayfield, Kentucky

Size Rank: 2,601
Average Top-Tier Home Value in 2024: $236,795

Laurel, Mississippi

Size Rank: 1,451
Average Top-Tier Home Value in 2024: $236,814

Enid, Oklahoma

Size Rank: 1,174
Average Top-Tier Home Value in 2024: $236,878

Moss Point, Mississippi

Size Rank: 2,294
Average Top-Tier Home Value in 2024: $238,077

New Iberia, Louisiana

Size Rank: 988
Average Top-Tier Home Value in 2024: $240,104

Madisonville, Kentucky

Size Rank: 2,407
Average Top-Tier Home Value in 2024: $240,695

Princeton, West Virginia

Size Rank: 1,947
Average Top-Tier Home Value in 2024: $244,467

Vidor, Texas

Size Rank: 2,516
Average Top-Tier Home Value in 2024: $245,697

Midwest City, Oklahoma

Size Rank: 1,034
Average Top-Tier Home Value in 2024: $246,380

Methodology: For this piece, GOBankingRates looked at the 50 biggest cities in the Southern U.S. (AL, AR, DE, DC, FL, GA, KY, LA, MD, MS, NC, OK, SC, TN, TX, VA and WV) that have top-tier homes valued under $250,000, as well as each month below $250,000, as sourced from Zillow’s May 2024 data. Top tier is defined as “typical value for homes within the 65th percentile to 95th percentile range for a given region.” All data was collected and is up to date as of June 26, 2024.

Photo Disclaimer: Please note photos are for representational purposes only. As a result, some of the photos might not reflect the locations listed in this article.

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