These Are the Most Affordable Housing Markets for Investors
Many of the best markets for investors are located across the Northeast and Midwest, while the South and Western US are seeing less investor interest
Sept. 17, 2024
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Dayton, Ohio, is one of the best housing markets for investors.
With elevated home prices and mortgage rates, the U.S. housing market has faced a number of challenges over the past few years. Despite this, certain parts of the country are still providing real estate investment opportunities. Housing market platform Realtor.com analyzed the nationwide housing market to find the most affordable housing markets for investors and found that the top 10 markets offer properties priced 21.7% below the national average. Additionally, these markets offer more affordable mortgage payments and high demand from renters. Many Northeastern and Midwestern markets top the list, with Dayton, Ohio, in first place due to its low median home price of $239,000.
“The top investor markets each offer investors a unique combination of advantages, but in general, these are affordable markets that see considerable buyer demand and low rental vacancy,” says Realtor.com® senior economic research analyst Hannah Jones in her report.
