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US Suburbs With the Most Affordable Big Homes

December 3, 2020

The two major factors prompting home buyers to target the suburbs in their house hunts are extra square footage and outdoor space, which are highly in demand. In which locations can their money stretch to the maximum?

The largest metro areas offering some of the most affordable square footage for larger homes were recently identified by the Realtor.com’s research team. All the places tracked are within commuting distance to major cities (within 25 miles of the downtown centers). Researchers focused on suburbs where the cost of similar-sized homes was within 20% of the median list price in the nearby city.

As a result, the following suburbs were identified as the top places where home buyers can get more space for their money:

1. Sicklerville, N.J.

  • Urban metro: Philadelphia
  • Median listing price: $282,000
  • Savings per square foot: 20% (suburban, $118; urban, $148)

2. Cedar Hill, Texas

  • Urban metro: Dallas
  • Median listing price: $352,000
  • Savings per square foot: 23% (suburban, $124; urban, $161)

3. Palos Hills, Ill.

  • Urban metro: Chicago
  • Median listing price: $379,000
  • Savings per square foot: 24% (suburban, $139; urban, $184)

4. Marietta, Ga.

  • Urban metro: Atlanta
  • Median listing price: $440,000
  • Savings per square foot: 21% (suburban, $143; urban, $181)

5. Jersey Village, Texas

  • Urban metro: Houston
  • Median listing price: $447,000
  • Savings per square foot: 36% (suburban, $126; urban, $198)

6. Hanover, Mass.

  • Urban metro: Boston
  • Median listing price: $670,000
  • Savings per square foot: 34% (suburban, $231; urban, $350)

7. Pine Island Ridge, Fla.

  • Urban metro: Miami
  • Median listing price: $679,000
  • Savings per square foot: 34% (suburban, $224; urban, $341)
Text by realtor.com | Photo by homestratosphere.com | Read More Here

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