There are neighborhoods in the country’s biggest cities where home buyers have the upper hand—places where prices are affordable, plenty of homes are for sale, crime is relatively low, and the work commute is reasonable.
And we included only ZIP codes with at least 12 homes on the market in any given month.
Median city list price: $650,000 Buyer's haven: Sylmar (ZIP code 91342) Median ZIP list price: $508,948 It's so hard to find a true bargain in Los Angeles, more buyers are exploring areas that are a bit off the beaten path.
And buyers there can still score some great deals.
Median city list price: $325,000 Buyer's haven: Ashburn (ZIP code 60652) Median ZIP list price: $184,783 After a long run of bidding wars, escalating home prices, and an exodus of residents to the low-tax suburbs of nearby Indiana, Chicago’s housing market is starting to come back down to earth.
“But you get a good, safe place and enough money left to live."
There are also recently renovated homes available for well under the median list price.
Washington, DC Median city list price: $599,000 Buyer's haven: Dupont Circle (ZIP code 20036) Median ZIP list price: $416,583 Dupont Circle is a safe, gay-friendly neighborhood with good public transit options; a thriving dining, drinking, and shopping scene; and a higher price per square foot that matches its many amenities.
“He was, like, ‘You really think I could get it this low?’ And he did.” Median city list price: $350,000 Buyer's haven: Atlantic Station (ZIP code 30363) Median ZIP list price: $339,4040 Hotlanta has been on fire for the past few years, with prices rising steadily.
But there are signs that the housing market is beginning to cool, as condo prices and sales are slowing, says Realtor Ryan Sconyers of Keller Williams Realty.