7 Hottest Housing Markets Where Homes Cost Under $350K

The more in-demand a housing market is, the more likely it is that home prices will be going up.

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“Price growth is the product of high competition, which pushes views-per-property higher, and time on market lower,” Realtor.com’s latest “Hottest Housing Markets” report stated. “On average, homes in the hottest markets attracted 2.9 times the listing viewership as the typical U.S. home in March, and homes sold in an average 32 days, three weeks faster than the national norm.”

Despite price growth trends, there are still several “hot” housing markets where you can find homes for $350,000 or less. (Realtor.com defined “hot” markets based on market demand, as measured by unique views per property, and the pace of the market, as measured by the number of days a listing remains active.)

Here’s a look at the hottest housing markets with affordable homes.

• Hotness rank (out of 20): 2

• Viewers per property vs. U.S. average: 3.1

• Median days on market: 25

• Median listing price: $249,000

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• Hotness rank (out of 20): 4

• Viewers per property vs. U.S. average: 3.3

• Median days on market: 31

• Median listing price: $330,00

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• Hotness rank (out of 20): 7

• Viewers per property vs. U.S. average: 3.1

• Median days on market: 33

• Median listing price: $280,000

• Hotness rank (out of 20): 9

• Viewers per property vs. U.S. average: 2.4

• Median days on market: 30

• Median listing price: $330,000

• Hotness rank (out of 20): 16

• Viewers per property vs. U.S. average: 2.3

• Median days on market: 35

• Median listing price: $240,000

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• Hotness rank (out of 20): 17

• Viewers per property vs. U.S. average: 3

• Median days on market: 38

• Median listing price: $200,000

• Hotness rank (out of 20): 20

• Viewers per property vs. U.S. average: 2.6

• Median days on market: 37

• Median listing price: $225,000

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