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9 Affordable Housing Hot Spots in the Most Expensive US Metros

DenisTangneyJr / iStock.com
DenisTangneyJr / iStock.com

There’s some good news for buyers looking for deals in the current housing market. Some of the most expensive metropolitan areas in the United States have pockets of affordable real estate nestled deep within them.

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To determine which metropolitan areas have affordable neighborhoods, the data team at Realtor.com reviewed home listing data for the month of September. They compared the median price per square foot and year-over-year appreciation for homes located in larger metros and ranked each ZIP code to determine where buyers could find the biggest savings.

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Ranked from least to highest discount relative to its metropolitan area, check out these nine affordable housing pockets across expensive metropolitan areas.

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9. Eatonville, Washington

  • Discount relative to metro: -22.1%

  • Metro: Seattle, Washington

  • Median home list price: $732,500

  • Year-over-year change in price per square foot: 19.7%

  • Metro’s median home list price: $799,000

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8. Bridgeport, Connecticut

  • Discount relative to metro: -24.7%

  • Metro: Bridgeport, Connecticut

  • Median home list price: $395,000

  • Year-over-year change in price per square foot: 19.2%

  • Metro’s median home list price: $911,950

7. Ladson, South Carolina

  • Discount relative to metro: -25.8%

  • Metro: Charleston, South Carolina

  • Median home list price: $339,400

  • Year-over-year change in price per square foot: 14.6%

  • Metro’s median home list price: $525,000

  • Metro’s year-over-year change in price per square foot: 6.2%

6. Roxboro, North Carolina

  • Discount relative to metro: -28.8%

  • Metro: Durham, North Carolina

  • Median home list price: $312,400

  • Year-over-year change in price per square foot: 31.9%

  • Metro’s median home list price: $499,000

5. Homestead, Florida

  • Discount relative to metro: -35.6

  • Metro: Miami, Florida

  • Median home list price: $399,000

  • Year-over-year change in price per square foot: 13.5%

  • Metro’s median home list price: $599,000

4. Newton, Iowa

  • Discount relative to metro: -39.2%

  • Metro: Des Moines, Iowa

  • Median home list price: $225,950

  • Year-over-year change in price per square foot: 9.2%

  • Metro’s median home list price: $369,900

3. Rochester, New Hampshire

  • Discount relative to metro: -39.4%

  • Metro: Boston, Massachusetts

  • Median home list price: $474,000

  • Year-over-year change in price per square foot: 21.3%

  • Metro’s median home list price: $849,000

2. Vernon, New Jersey

  • Discount relative to metro: -43.7%

  • Metro: New York, New York

  • Median home list price in September: $245,500

  • Year-over-year change in price per square foot: 40.7%

  • Metro’s median home list price in September: $719,000

1. Brentwood, California

  • Discount relative to metro: -47.2%

  • Metro: San Francisco, California

  • Median home list price: $899,000

  • Year-over-year change in price per square foot: 6.8%

  • Metro’s median home list price: $1,095,000

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This article originally appeared on GOBankingRates.com: 9 Affordable Housing Hot Spots in the Most Expensive US Metros