If you’ve ever dreamt of having your own beach home to escape the routine of everyday life, try looking in areas with just as much character and far less hype for your second home or vacation getaway.
Realtor.com, an online resource to search listings, compiled a list of towns in the United States where buyers can find the most affordable homes near the water — and no, wealthy enclaves like the Hamptons and Malibu didn’t make the cut.
“Perhaps you’ve been wondering whether you could retire by the beach. Or maybe it’s time to make that lifestyle change you’ve dreamed about,” wrote Realtor.com data journalist Evan Wyloge.
Realtor.com limited its list to just one beach town per state to “ensure geographical diversity.” Only locations with at least 50 properties within a mile of the water in the past year were included, and oceanside homes were “favored,” Wyloge said, but bayside locales were also included. Realtor.com aggregated federal listings of beaches and their locations and its own listing data for every home put on the market in the past year located within a one-mile radius of each beach. The most affordable beach towns were selected by price per square foot.
“No matter the reason, we’ve sifted through the dunes of data, and we’re happy to report that a beach home might be more attainable than you think — you just need to know where to look,” Wyloge wrote. “Despite what you may have assumed, in some places, a home by the beach can cost about the same as an average U.S. home—or less.”
Top 10 most affordable US beach towns
1. Gulfport, Mississippi
- Median price within 1 mile of a beach: $224,900
- Median price per square foot within 1 mile of a beach: $144
- For $225,000, buyers can find a fully renovated condo within a five-minute walk to the beach.
2. Newport News, Virginia
- Median price within 1 mile of a beach: $200,000
- Median price per square foot within 1 mile of a beach: $150
- Buyers looking for a deal can check out this three-bedroom,…
Read the full article here
Leave a Reply