Affordable Homes Under $300K Still Exist in Some U.S. Cities

The housing market in the U.S. is tough because prices are going up.

But, there are still some places where homes cost less than $300,000, according to Realtor.com.

These cheaper homes are mostly found in the South and Midwest.

Even though some cities like Detroit have affordable options, rising costs and mortgage rates make it harder for people to buy.

The market needs more homes to help close the affordability gap, especially for homes priced under $255,000.

It's easier to find affordable homes in some areas than others.