Most Americans say they dream of owning a vacation home, according to a new realtor.com® survey, and many hope it’s near a beach. But beachside property often comes with a hefty price tag.
Realtor.com® found pockets across the country offering bargains on the beach in its list of America’s 10 most affordable beach towns, which analyzes median list prices for single-family homes and condos in coastal cities and towns nationwide. In the top five cities, waterfront property can be had for less than $300,000.
For example, in Pascagoula, Miss., a city of about 22,000 on the Gulf Shore that ranked number one on realtor.com®’s list, home buyers can snatch up a waterfront property for a median of $164,900. “It’s located off two major waterways—the Gulf of Mexico and the Pascagoula River—and offers a lot of fun outdoor activities, from fishing off the pier, to kayaking in its unimpeded river system, to an annual summer music festival,” says Ketih Griffith, a writer for realtor.com®.
Here are the housing markets that topped realtor.com®’s rankings (based on March listing data):
Melissa Dittmann Tracey is a contributing editor for REALTOR® Magazine, editor of the Styled, Staged & Sold blog, and produces a segment called “Hot or Not?” in home design that airs on NAR’s Real Estate Today radio show. Follow Melissa on Instagram and Twitter at @housingmuse.
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