As single Americans face increasing living costs, finding affordable homes becomes essential. Realtor.com analyzed data to identify ten states where single buyers could manage home costs effectively. The findings show eight of these affordable states are located in the South, with median listing prices below the national average of $440,000. Interestingly, Texas, known for its affordable housing, was notably excluded from the list due to rising living costs. This study highlights the need for income data to discern viable housing opportunities for singles without financial distress.
Finding affordable housing as a single buyer in the U.S. remains challenging, especially with median listing prices around $440,000, but some states offer alternatives.
The data highlights states where singles can afford homes while covering living expenses, showing eight of the 10 most affordable are in the South.
Hannah Jones explains that Texas's booming economy, although attractive for newcomers, has paradoxically led to an increase in living costs and housing prices.
The research combines housing affordability and necessary income levels to identify where single buyers can purchase homes without severe financial strain.
Collection
[
|
...
]