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10 Cheapest Housing Markets in the United States in 2023

espiegle / Getty Images/iStockphoto
espiegle / Getty Images/iStockphoto

Homebuyers looking for their dream homes may be able to find and buy them before the year wraps up.

In November, Realtor.com released their ranking of the 10 housing markets in the United States with the best bargains on houses for under $300,000. To determine this ranking, the Realtor data team looked at median home list prices in the 100 largest U.S. metropolitan areas in October. One metro was chosen from each state for list inclusion, all in areas with notably low costs of living.

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In descending order, check out the 10 cheapest U.S. housing markets in 2023.

SeanPavonePhoto / iStock.com
SeanPavonePhoto / iStock.com

10. Baton Rouge, Louisiana

  • Median list price in October: $301,954

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See: The 10 Most Overpriced Housing Markets in America — 5 Are in Florida
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Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

9. Wichita, Kansas

  • Median list price in October: $298,950

Related: Millennials Are Moving To 4 Surprising States for Affordable Housing

8. Little Rock, Arkansas

  • Median list price in October: $295,000

Michael Warren / Getty Images
Michael Warren / Getty Images

7. Birmingham, Alabama

  • Median list price in October: $294,825

I’m a Real Estate Agent: Here’s Where I’d Retire If I Had $1 Million

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

6. McAllen, Texas

  • Median list price in October: $280,000

amolson7 / Getty Images/iStockphoto
amolson7 / Getty Images/iStockphoto

5. St. Louis, Missouri

  • Median list price in October: $277,000

Find Out: How Much You Need To Live Comfortably in 19 Arizona Cities

pawel.gaul / Getty Images/iStockphoto
pawel.gaul / Getty Images/iStockphoto

4. Detroit

  • Median list price in October: $252,250

traveler1116 / Getty Images/iStockphoto
traveler1116 / Getty Images/iStockphoto

3. Rochester, New York

  • Median list price in October: $249,949

I’m a Real Estate Agent: Don’t Buy Real Estate in These 5 States If You Want To Be Rich in a Decade

traveler1116 / Getty Images/iStockphoto
traveler1116 / Getty Images/iStockphoto

2. Scranton, Pennsylvania

  • Median list price in October: $239,495

Mshake / Getty Images/iStockphoto
Mshake / Getty Images/iStockphoto

1. Toledo, Ohio

  • Median list price in October: $205,725

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This article originally appeared on GOBankingRates.com: 10 Cheapest Housing Markets in the United States in 2023