27 Cities Where You’ll Save Big If You’re Willing To Buy a Fixer-Upper

If you’re willing to put in some work and purchase a fixer-upper instead of a turnkey home, you can save big.

The median price for a fixer-upper is $283,000 — 29% lower than a move-in-ready home, StorageCafe reported. Moreover, in 20 out of the 50 largest U.S. cities, fixer-uppers cost 50% less than move-in-ready homes.

Here’s a look at the cities where you’ll save $100,000 or more if you purchase a fixer-upper, as identified by StorageCafe.

• Turnkey home median asking price: $2 million
• Fixer-upper median asking price: $1.05 million
• Potential savings: $945,000

• Turnkey home median asking price: $399,900
• Fixer-upper median asking price: $170,000
• Potential savings: $229,900

• Turnkey home median asking price: $500,000
• Fixer-upper median asking price: $283,000
• Potential savings: $217,000

• Turnkey home median asking price: $424,000
• Fixer-upper median asking price: $235,000
• Potential savings: $189,000

• Turnkey home median asking price: $324,700
• Fixer-upper median asking price: $164,000
• Potential savings: $160,700

• Turnkey home median asking price: $325,000
• Fixer-upper median asking price: $172,450
• Potential savings: $152,550

• Turnkey home median asking price: $452,050
• Fixer-upper median asking price: $303,500
• Potential savings: $148,550

• Turnkey home median asking price: $358,000
• Fixer-upper median asking price: $210,000
• Potential savings: $148,000

• Turnkey home median asking price: $575,000
• Fixer-upper median asking price: $438,500
• Potential savings: $136,500

• Turnkey home median asking price: $319,950
• Fixer-upper median asking price: $185,000
• Potential savings: $134,950

• Turnkey home median asking price: $532,998
• Fixer-upper median asking price: $398,250
• Potential savings: $134,748

• Turnkey home median asking price: $972,000
• Fixer-upper median asking price: $837,499
• Potential savings: $134,501

• Turnkey home median asking price: $529,839
• Fixer-upper median asking price: $400,000
• Potential savings: $129,839

• Turnkey home median asking price: $330,000
• Fixer-upper median asking price: $204,950
• Potential savings: $125,050

• Turnkey home median asking price: $399,000
• Fixer-upper median asking price: $275,000
• Potential savings: $124,000

• Turnkey home median asking price: $292,990
• Fixer-upper median asking price: $178,200
• Potential savings: $114,790

• Turnkey home median asking price: $279,450
• Fixer-upper median asking price: $164,900
• Potential savings: $114,550

• Turnkey home median asking price: $624,970
• Fixer-upper median asking price: $513,990
• Potential savings: $110,980

• Turnkey home median asking price: $349,993
• Fixer-upper median asking price: $239,450
• Potential savings: $110,980

• Turnkey home median asking price: $459,900
• Fixer-upper median asking price: $350,000
• Potential savings: $109,900

• Turnkey home median asking price: $279,450
• Fixer-upper median asking price: $169,900
• Potential savings: $109,550

• Turnkey home median asking price: $342,990
• Fixer-upper median asking price: $235,495
• Potential savings: $107,495

• Turnkey home median asking price: $489,900
• Fixer-upper median asking price: $386,000
• Potential savings: $103,900

• Turnkey home median asking price: $237,450
• Fixer-upper median asking price: $135,000
• Potential savings: $102,450

• Turnkey home median asking price: $229,900
• Fixer-upper median asking price: $128,900
• Potential savings: $101,000

• Turnkey home median asking price: $299,900
• Fixer-upper median asking price: $199,450
• Potential savings: $100,450

Data is sourced from StorageCafe and is accurate as of April 1, 2024.