There’s good news for Americans that want to buy a home on a modest budget. From the Southwest to the East Coast, 20 popular cities boast a hefty amount of active listings for homes under $100,000.
To determine which cities these listings are in, GOBankingRates studied the 100 largest housing markets in the Zillow Housing Value Index. Each location’s number of active listings and active listings under $100,000 were sourced from Realtor.com.
Ranked in order from the highest to lowest percentage of active listings, see which cities are best for buying homes under $100,000.
Detroit
- All active listings: 4,458
- All active listings under $100,000: 2,463
- Percentage of all active listings under $100,000: 55.3%
Toledo, Ohio
- All active listings: 811
- All active listings under $100,000: 356
- Percentage of all active listings under $100,000: 43.9%
Cleveland
- All active listings: 1,847
- All active listings under $100,000: 667
- Percentage of all active listings under $100,000: 36.1%
Memphis, Tennessee
- All active listings: 3,190
- All active listings under $100,000: 840
- Percentage of all active listings under $100,000: 26.3%
St. Louis
- All active listings: 3,231
- All active listings under $100,000: 739
- Percentage of all active listings under $100,000: 22.9%
Rochester, New York
- All active listings: 1,223
- All active listings under $100,000: 269
- Percentage of all active listings under $100,000: 22%
Lincoln, Nebraska
- All active listings: 1,619
- All active listings under $100,000: 342
- Percentage of all active listings under $100,000: 21.1%
Fort Wayne, Indiana
- All active listings: 1,423
- All active listings under $100,000: 278
- Percentage of all active listings under $100,000: 19.5%
New Orleans
- All active listings: 3,885
- All active listings under $100,000: 719
- Percentage of all active listings under $100,000: 18.5%
Mesa, Arizona
- All active listings: 2,914
- All active listings under $100,000: 534
- Percentage of all active listings under $100,000: 18.3%
Philadelphia
- All active listings: 8,547
- All active listings under $100,000: 1,500
- Percentage of all active listings under $100,000: 17.6%
Baltimore
- All active listings: 3,444
- All active listings under $100,000: 603
- Percentage of all active listings under $100,000: 17.5%
Omaha, Nebraska
- All active listings: 2,381
- All active listings under $100,000: 400
- Percentage of all active listings under $100,000: 16.8%
Milwaukee
- All active listings: 1,406
- All active listings under $100,000: 224
- Percentage of all active listings under $100,000: 15.9%
Wichita, Kansas
- All active listings: 1,772
- All active listings under $100,000: 269
- Percentage of all active listings under $100,000: 15.2%
Baton Rouge, Louisiana
- All active listings: 2,372
- All active listings under $100,000: 346
- Percentage of all active listings under $100,000: 14.6%
Lubbock, Texas
- All active listings: 2,741
- All active listings under $100,000: 386
- Percentage of all active listings under $100,000: 14.1%
Tulsa, Oklahoma
- All active listings: 1,873
- All active listings under $100,000: 263
- Percentage of all active listings under $100,000: 14%
Winston-Salem, North Carolina
- All active listings: 1,226
- All active listings under $100,000: 165
- Percentage of all active listings under $100,000: 13.5%
Pittsburgh
- All active listings: 3,001
- All active listings under $100,000: 381
- Percentage of all active listings under $100,000: 12.7%
Heather Taylor and Jami Farkas contributed to the reporting for this piece.
Methodology: For this study, GOBankingRates analyzed the 100 largest housing markets, as sourced from Zillow Housing Value Index, to find the best chance of buying a home for under $100,000. The number of active listings, active listings under $100,000, single-family home listings and single-family home listings under $100,000 were sourced from Realtor.com for each location. The cities were sorted to show the highest percentage of active listings under $100,000. All data was collected on and is up to date as of Dec. 4, 2024.
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