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From Spokane's lower-cost alternative to Seattle to Chattanooga's Nashville adjacency, nine US cities where home prices haven't peaked yet
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As home prices and mortgage rates continue rising across the U.S., purchasing a home can feel out of reach for many buyers, particularly those hoping to live in a major city. The average home value in San Francisco sits close to $1.4 million, and Miami isn’t far behind at nearly $600,000. Some American cities haven’t yet experienced a major price boom, though, and many of them cluster in the Midwest and Southeast, according to real estate agent Karen Kostiw of Coldwell Banker Warburg.
Several real estate experts, along with independent research on local markets, point to a handful of cities that still offer genuine pockets of affordability. These cities combine relatively low home values with the kind of job growth, cultural amenities, and outdoor access that tend to draw buyers, meaning many of them may not stay affordable for long.
