10 Cheapest Real Estate Markets in the U.S.

It's no secret that home prices have boomed over the last two years as a flood of stimulus money, record-low mortgage rates, and the stay-at-home nature of the pandemic have pumped up prices to all-time highs.

According to the S&P CoreLogic Case-Shiller National Home Price Index, the median home sale price in the U.S. jumped 19% in 2021, following a 10% gain in 2020. The National Association of Realtors estimated that the median home price in the U.S. had reached $347,900 by the end of 2021.

While rents have also spiked nationwide, there are still some affordable housing markets out there. Keep reading to see the top 10 on the list.

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