Best Alternatives to Pricey Urban Meccas

Lance Lambert   |   October 16, 2017

Many of the nation’s premier urban meccas come at a steep price to home buyers and renters. But researchers at realtor.com® have pinpointed affordable alternatives to the country’s hottest locales. They uncovered budget-friendly counterparts to some of the nation’s most expensive metros, referring to them as “metro matchups.” They are places comparable to urban meccas in many ways but whose housing prices largely remain below $350,000. To determine its list, realtor.com® limited its rankings to the 150 largest metros and factored in housing stock, occupations, weather, and nightlife, among other measurements. Here are a few “metro matchups” that made the list. San Francisco Median home list price: $868,000 Matchup: Raleigh, N.C. Median home list price: $339,200 Why they match up: They’re both meccas for tech jobs. _____ Los Angeles Median home list price: $699,600 Matchup: Savannah, Ga. Median home list price: $249,900 Why they match up: They both have beaches and attract movie production. _____ Honolulu Median home list price: $695,000 Matchup: Myrtle Beach, S.C. Median home list price: $235,000 Why they match up: Both are beachside towns with thriving tourism sectors. _____ Denver Median home list price: $499,500 Matchup: Kansas City, Mo. Median home list price: $245,800 Why they match up: Both draw a large hipster scene and are good for car culture. _____ Boston Median home list price: $489,500 Matchup: Philadelphia Median home list price: $249,400 Why they match up: They both have a healthy market for historic brownstones and plentiful tech and finance jobs.

Source: Realtor.com