50 Southern Cities Where You Could Buy Luxury Homes for $250,000 or Less

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It might seem unlikely in today’s housing market, but U.S. buyers can still find luxury homes in good condition for $250,000 — or even less, depending on the location. And these aren’t tiny luxury homes, either.

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According to an industry report from Mordor Intelligence, the luxury homes market is booming across the United States and has drawn so many buyers that the home prices have soared 50% over the past several quarters. So the right time to consider buying a luxury home would be now. GOBankingRates found 50 cities in the South where you can buy a luxury home for $250,000 or less.

Greenville, Mississippi

• Size Rank: 1,731

• Average Top-Tier Home Value in 2024: $148,481

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Pine Bluff, Arkansas

• Size Rank: 1,343

• Average Top-Tier Home Value in 2024: $166,594

Explore More: 20 Best Cities Where You Can Buy a House for Under $100K

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Jackson, Mississippi

• Size Rank: 241

• Average Top-Tier Home Value in 2024: $168,482

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Port Arthur, Texas

• Size Rank: 1,071

• Average Top-Tier Home Value in 2024: $169,089

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Rio Grande City, Texas

• Size Rank: 1,380

• Average Top-Tier Home Value in 2024: $189,197

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Clarksburg, West Virginia

• Size Rank: 2,415

• Average Top-Tier Home Value in 2024: $192,997

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Roanoke Rapids, North Carolina

• Size Rank: 2,531

• Average Top-Tier Home Value in 2024: $202,695

HildeAnna / Getty Images/iStockphoto

Gadsden, Alabama

• Size Rank: 1,585

• Average Top-Tier Home Value in 2024: $203,802

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Plainview, Texas

• Size Rank: 2,470

• Average Top-Tier Home Value in 2024: $205,972

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Mercedes, Texas

• Size Rank: 1,883

• Average Top-Tier Home Value in 2024: $211,691

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Donna, Texas

• Size Rank: 1,126

• Average Top-Tier Home Value in 2024: $212,097

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Westwego, Louisiana

• Size Rank: 1,741

• Average Top-Tier Home Value in 2024: $213,979

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Huntington, West Virginia

• Size Rank: 730

• Average Top-Tier Home Value in 2024: $218,582

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Martinsville, Virginia

• Size Rank: 2,012

• Average Top-Tier Home Value in 2024: $220,020

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Natchez, Mississippi

• Size Rank: 2,086

• Average Top-Tier Home Value in 2024: $220,462

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Forest Park, Georgia

• Size Rank: 2,487

• Average Top-Tier Home Value in 2024: $223,486

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Alice, Texas

• Size Rank: 2,356

• Average Top-Tier Home Value in 2024: $224,687

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Meridian, Texas

• Size Rank: 937

• Average Top-Tier Home Value in 2024: $224,743

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Parkersburg, West Virginia

• Size Rank: 1,268

• Average Top-Tier Home Value in 2024: $225,359

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Pharr, Texas

• Size Rank: 646

• Average Top-Tier Home Value in 2024: $226,143

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Ponca City, Oklahoma

• Size Rank: 2,130

• Average Top-Tier Home Value in 2024: $227,907

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Lawton, Oklahoma

• Size Rank: 461

• Average Top-Tier Home Value in 2024: $229,297

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San Benito, Texas

• Size Rank: 1,158

• Average Top-Tier Home Value in 2024: $229,318

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Duncan, Oklahoma

• Size Rank: 2,306

• Average Top-Tier Home Value in 2024: $229,417

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Kinston, North Carolina

• Size Rank: 1,635

• Average Top-Tier Home Value in 2024: $229,486

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Opelousas, Louisiana

• Size Rank: 1,615

• Average Top-Tier Home Value in 2024: $229,891

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Americus, Georgia

• Size Rank: 2,464

• Average Top-Tier Home Value in 2024: $230,152

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Abbeville, Louisiana

• Size Rank: 2,592

• Average Top-Tier Home Value in 2024: $230,415

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Muskogee, Oklahoma

• Size Rank: 1,326

• Average Top-Tier Home Value in 2024: $230,586

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San Juan, Texas

• Size Rank: 1,754

• Average Top-Tier Home Value in 2024: $230,855

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Cumberland, Maryland

• Size Rank: 1,401

• Average Top-Tier Home Value in 2024: $231,194

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Rockingham, North Carolina

• Size Rank: 2,405

• Average Top-Tier Home Value in 2024: $231,715

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Beckley, West Virginia

• Size Rank: 2,291

• Average Top-Tier Home Value in 2024: $232,086

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Albany, Georgia

• Size Rank: 537

• Average Top-Tier Home Value in 2024: $232,269

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Darlington, South Carolina

• Size Rank: 2,541

• Average Top-Tier Home Value in 2024: $232,456

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Waycross, Georgia

• Size Rank: 1,662

• Average Top-Tier Home Value in 2024: $232,852

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Socorro, Texas

• Size Rank: 1,975

• Average Top-Tier Home Value in 2024: $234,117

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Philadelphia, Mississippi

• Size Rank: 2,571

• Average Top-Tier Home Value in 2024: $234,645

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Jacksonville, Arkansas

• Size Rank: 1,536

• Average Top-Tier Home Value in 2024: $235,253

Kingsville, Texas

• Size Rank: 2,180

• Average Top-Tier Home Value in 2024: $236,096

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Alamo, Texas

• Size Rank: 1,350

• Average Top-Tier Home Value in 2024: $236,164

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Mayfield, Kentucky

• Size Rank: 2,601

• Average Top-Tier Home Value in 2024: $236,795

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Laurel, Mississippi

• Size Rank: 1,451

• Average Top-Tier Home Value in 2024: $236,814

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Enid, Oklahoma

• Size Rank: 1,174

• Average Top-Tier Home Value in 2024: $236,878

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Moss Point, Mississippi

• Size Rank: 2,294

• Average Top-Tier Home Value in 2024: $238,077

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New Iberia, Louisiana

• Size Rank: 988

• Average Top-Tier Home Value in 2024: $240,104

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Madisonville, Kentucky

• Size Rank: 2,407

• Average Top-Tier Home Value in 2024: $240,695

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Princeton, West Virginia

• Size Rank: 1,947

• Average Top-Tier Home Value in 2024: $244,467

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Vidor, Texas

• Size Rank: 2,516

• Average Top-Tier Home Value in 2024: $245,697

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Midwest City, Oklahoma

• Size Rank: 1,034

• Average Top-Tier Home Value in 2024: $246,380

Methodology: For this piece, GOBankingRates looked at the 50 biggest cities in the Southern U.S. (AL, AR, DE, DC, FL, GA, KY, LA, MD, MS, NC, OK, SC, TN, TX, VA and WV) that have top-tier homes valued under $250,000, as well as each month below $250,000, as sourced from Zillow’s May 2024 data. Top tier is defined as “typical value for homes within the 65th percentile to 95th percentile range for a given region.” All data was collected and is up to date as of June 26, 2024.

Photo Disclaimer: Please note photos are for representational purposes only. As a result, some of the photos might not reflect the locations listed in this article.

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This article originally appeared on GOBankingRates.com: 50 Southern Cities Where You Could Buy Luxury Homes for $250,000 or Less