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15 Affordable, Promising Cities To Buy Real Estate in 2024

In World
June 10, 2024
Sean Pavone / Getty Images/iStockphoto

Sean Pavone / Getty Images/iStockphoto

Don’t fret if this wasn’t your year to buy a home. Rocket Homes compiled a list of 15 cities with great potential for mortgage rates and affordable real estate, that buyers should have on their radar in 2024.

To find and rank the most promising cities of 2024, Rocket Homes and Best Places analyzed 383 metros home to over 85% of all U.S. residents. Thirteen key metrics, including one-year home appreciation and net migration in 2022, determined which cities will surge ahead and allow their inhabitants to thrive.

While past years of these rankings included markets from Western states, the 2024 ranking does not have any cities from the West Coast on it.

Let’s see which 15 cities in 2014 are among the most promising to buy real estate.

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EQRoy / Shutterstock.com

EQRoy / Shutterstock.com

1. Ames, Iowa

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Sean Pavone / Shutterstock.com

Sean Pavone / Shutterstock.com

2. Burlington, Vermont

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DenisTangneyJr / Getty Images

DenisTangneyJr / Getty Images

3. Portland, Maine

benedek / Getty Images

benedek / Getty Images

4. Ithaca, New York

dangarneau / Getty Images

dangarneau / Getty Images

5. Iowa City, Iowa

Discover More: Don’t Buy a House in These 3 Cities Facing a ‘Climate Change Real Estate Bubble’

JamesBrey / Getty Images/iStockphoto

JamesBrey / Getty Images/iStockphoto

6. Appleton, Wisconsin

Bram Reusen / Shutterstock.com

Bram Reusen / Shutterstock.com

7. Charlottesville, Virginia

jiawangkun / Shutterstock.com

jiawangkun / Shutterstock.com

8. Bangor, Maine

Explore More: 10 Dangerous Cities You Shouldn’t Buy a Home in No Matter the Price

benedek / Getty Images/iStockphoto

benedek / Getty Images/iStockphoto

9. State College, Pennsylvania

©Shutterstock.com

©Shutterstock.com

10. Richmond, Virginia

DenisTangneyJr / Getty Images

DenisTangneyJr / Getty Images

11. Atlantic City, New Jersey

For You: Don’t Buy a House in These 10 US Cities: Growing Populations and Overcrowding

©Shutterstock.com

©Shutterstock.com

12. Albany, New York

©Shutterstock.com

©Shutterstock.com

13. College Station, Texas

Jeffrey_Hynds / Shutterstock.com

Jeffrey_Hynds / Shutterstock.com

14. Norwich, Connecticut

Be Aware: 5 Midwest Cities Where You Can Buy Luxury Homes For $100,000 or Less

AgnosticPreachersKid / Wikimedia Commons

AgnosticPreachersKid / Wikimedia Commons

15. Winchester, Virginia

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This article originally appeared on GOBankingRates.com: 15 Affordable, Promising Cities To Buy Real Estate in 2024

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