The 10 U.S. cities where you could buy a home for less than $125,000
A look at the cities where you could purchase a home for less than $125,000.
Looking to buy a home for under $125,000 in a U.S. city is nearly impossible. If we assume a city needs to have over 100,000 residents, there are no cities in the U.S. where the median listing price of homes for sale is under $125,000. However, if we broaden the definition to include towns, there are twelve locations where you can still find a property within that price range.
- Selma, AL: $85,917.00
- Kennett, MO: $94,783.00
- Sikeston, MO: $112,300.00
- New Castle, PA: $116,617.00
- Galesburg, IL: $117,800.00
- Greenville, MS: $119,000.00
- Macomb, IL: $119,417.00
- Zapata, TX: $121,167.00
- Danville, IL: $122,417.00
- Bennettsville, SC: $122,783.00
- Fort Madison, IA: $123,000.00
- Johnstown, PA: $123,233.00
Source: Zillow
The 50 cities with properties under $125,000
However, if you are in the market for a one-bedroom home there are more than fifty cities where prices are under $125,000:
- Peoria, IL: $43,580.63
- Shreveport, LA: $50,859.65
- Columbus, GA: $52,775.02
- Wichita Falls, TX: $55,838.88
- Toledo, OH: $56,245.37
- Topeka, KS: $61,003.70
- Augusta, GA: $66,392.66
- Evansville, IN: $67,177.36
- Jackson, MS: $67,247.78
- Rockford, IL: $74,783.26
- Lansing, MI: $76,086.91
- Akron, OH: $77,262.87
- Cedar Rapids, IA: $79,940.58
- Wichita, KS: $80,724.11
- McAllen, TX: $83,380.31
- Lubbock, TX: $85,976.48
- Davenport, IA: $88,050.08
- Clinton Township, MI: $90,391.98
- Oklahoma City, OK: $90,591.76
- Killeen, TX: $90,702.28
- Grand Prairie, TX: $91,122.98
- Independence, MO: $91,200.06
- Lafayette, LA: $94,471.71
- Zanesville, OH: $94,783.25
- Waco, TX: $94,955.13
- Bonne Terre, MO: $95,070.07
- University City, MO: $95,122.67
- South Bend, IN: $95,179.46
- Baton Rouge, LA: $97,908.87
- Cleveland, OH: $98,869.11
- Hartford, CT: $99,126.53
- Edinburg, TX: $100,946.55
- Norman, OK: $101,815.20
- Kansas City, KS: $103,363.38
- Sterling Heights, MI: $103,603.56
- Mobile, AL: $103,987.91
- Pasadena, TX: $104,314.20
- Waterbury, CT: $110,412.51
- Memphis, TN: $113,520.85
- San Antonio, TX: $115,516.58
- Tallahassee, FL: $116,711.53
- Fayetteville, NC: $116,753.89
- Metairie, LA: $117,337.91
- Hampton, VA: $117,613.60
- Indianapolis, IN: $118,328.39
- Louisville, KY: $119,135.33
- Syracuse, NY: $120,381.75
- Garland, TX: $120,523.34
- Saint Louis, MO: $121,905.65
- Gainesville, FL: $122,090.92
- Houston, TX: $122,200.34
- Miami Gardens, FL: $122,325.09
- Winston-Salem, NC: $122,577.20
- Joliet, IL: $124,195.98
Source: Zillow
These cities also show promise of offering more affordable listings. If you’re searching for a two- or three-bedroom home, the median listing prices for homes of that size will likely include many of the cities listed above but exclude those where the price for a one-bedroom is close to $125,000. In Toledo, Ohio, for example, there are more than 230 properties for sale under $125,000, and many feature more than one bedroom. Additionally, Zillow estimated that the average price of a two-bedroom in Wichita, Kansas, was around $119,000 in December 2024, and there are currently 100 properties on the market listed under $125,000.
If you’re interested in living in one of these cities, this list may serve as a guide to markets with more affordable options. While the overall market prices have pushed the median above $125,000, there are still choices available—though be aware that some homes may require repairs, which should be factored into the overall budget.
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