Retiring in 2024? Here Are 9 Budget-Friendly Retirement Towns in America

Heather Taylor

30 May 2024 at 8:00 am·2-min read

There’s good news if you’re retiring in 2024 and need to buy a new home. Research conducted by Realtor.com reveals there are nine new affordably priced retirement hot spots across the United States.

Check Out: 4 Places To Retire That Are Better Than Florida — and Way Cheaper

To find these new places, Realtor.com pulled together the median list prices for all U.S. cities from late 2022 to late 2023. We have updated the median list price to April 2024 data. In the original study, the U.S. Census Bureau’s median age data was also included for each city. From there, data was analyzed on single-family, condo and townhouse listings on Realtor.com throughout that time period to find the percentage of these listings that used keywords indicative of a retirement-focused community in their listing description.

Here are nine budget-friendly U.S. retirement towns.

Laguna Woods, California

Median list price: $422,000
Median age: 75
Percentage of retiree-friendly listings: 99%

Learn More: I’m a Financial Planner: 5 Ways Not To Spend Down Your Savings in Retirement

Find Out: Retirement Planning: Here’s How Much Money You Actually Need To Age in Place

Wealthy people know the best money secrets. Learn how to copy them.

King City, Oregon

Median list price: $399,000
Median age: 62
Percentage of retiree-friendly listings: 64%

Explore More: 16 Best Places To Retire in the US That Feel Like Europe

The Villages, Florida

Median list price: $379,900
Median age: 73
Percentage of retiree-friendly listings: 95%

South Pasadena, Florida

Median list price: $349,900
Median age: 68
Percentage of retiree-friendly listings: 51%

Green Valley, Arizona

Median list price: $333,500
Median age: 73
Percentage of retiree-friendly listings: 85%

Sun City Center, Florida

Median list price: $329,900
Median age: 71
Percentage of retiree-friendly listings: 83%

Sun City, Arizona

Median list price: $319,000
Median age: 72
Percentage of retiree-friendly listings: 51%

Check Out: 9 Moves for Retirement Planning To Make Now If You’re Worried About the Economy

Rufous-crowned Sparrow / Wikimedia Commons

Bermuda Run, North Carolina

Median list price: $311,000
Median age: 57
Percentage of retiree-friendly listings: 49%

For You: 5 Signs Boomers Have Enough Savings To Last in Retirement

Manchester, New Jersey

Median list price: $259,000
Median age: 64
Percentage of retiree-friendly listings: 83%

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This article originally appeared on GOBankingRates.com: Retiring in 2024? Here Are 9 Budget-Friendly Retirement Towns in America

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