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GOBankingRates
10 Beach Cities Where It’s Now Cheaper To Buy a Home
By Angela Mae,
7 days ago
In an August 2024 report , Realtor.com found that some of the biggest housing markets in the United States have more homes for sale than they did last year. Since this generally translates to less competition and lower housing prices , you’re in luck if you’re hoping to buy property by the beach — while still enjoying city life.
You’ll want to do your due diligence before purchasing property, but don’t worry. More homes on the market isn’t necessarily a sign of an underlying problem. It could simply be that many people who moved to the beach to work remotely are now heading back to the city where their office is.
While less of a beach destination than others on this list, Boston still has some stunning waterfront. It’s also home to Pleasure Bay, a beach with unforgettable views of Boston Harbor.
San Francisco
Median home price: $969,000
Inventory increase: 31.3%
Median listing home price per square foot: $954
On the West Coast, San Francisco is home to some spectacular beaches. It also has everything you could need in a city.
Los Angeles
Median home price: $1,190,000
Inventory increase: 41.6%
Median listing home price per square foot: $722
With the Pacific Ocean right there, some Los Angeles homes are prime waterfront properties. Popular beaches include Zuma Beach, Venice Beach and Santa Monica Beach.
In Jacksonville, which is just off the Atlantic Coast, you’ve got some lovely white-sand beaches and plenty of year-round sunshine.
Seattle
Median home price: $775,000
Inventory increase: 69.3%
Median listing home price per square foot: $580
During the summers, the Seattle area is highly popular for Alki Beach and many other waterfront locations.
Miami
Median home price: $530,000
Inventory increase: 72.2%
Median listing home price per square foot: $504
You can get a lot for your money in some parts of Miami. That combined with the bustling city life and seemingly endless beaches make it a perfect getaway for many.
It’s no surprise that California makes this list three times. San Diego’s beaches, including Pacific Beach and Mission Beach, both have a lot to offer in terms of city life. And if you want something a bit more peaceful, there are always hidden beaches.
Tampa, Florida
Median home price: $415,000
Inventory increase: 90.1%
Median listing home price per square foot: $291
Not only is Tampa home to plenty of beaches, but the city also has a lot to offer for those who want a more urban feel. If you do prefer the water, though, there are beaches of all sizes — from Davis Islands Beach to Ben T. Davis Beach.
Honorable Mentions
According to Realtor.com, here are three other beach cities where home prices are more affordable this year:
Cleveland: The median listing price is $269,900, and the listing percentage increase is 13.7%.
Chicago: The median listing price is $385,000, and the listing percentage increase is 11%.
New York: The median listing price is $750,000, and the listing percentage increase is 2.1%.
ridiculous article. beach home in LA for $1 million - 25 miles and an hour away from the beach. try $5- $90 million for a beach home! stupid, unreasearch, probably ai written. should be ashamed @AngelaMae
Purple4me
6d ago
what a stupid article. most of these cities are not affordable
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