Affordable Cities in Texas

The article by Alison Bentley published on Redfin’s blog reviews 14 of the most affordable cities in Texas that have median home prices below the state average of $361,800.

The top 5 most affordable cities in Texas according to the Redfin data (July 31, 2023) in the article are:

San Angelo, with a median home price of $65,000. This West Texas city of around 100,000 has a very low cost of living.
Wichita Falls, located in northern Texas, has a median home price of $176,450, making it the second most affordable.
Abilene, in central Texas, takes the #3 spot with median home values of $223,000.
Lubbock, home to Texas Tech University, comes in as the fourth most affordable at $225,000 median price.
Victoria, located between Houston and Corpus Christi, rounds out the top five with median prices of $228,000.

Other affordable cities on the list include:

Baytown, median home price: $241,000
Pasadena, median home price: $245,000
Killeen, median home price: $250,000
Bryan, median home price: $262,400
Midland, median home price: $264,950
Spring, median home price: $275,000
Waco, median home price: $275,000
Laredo, median home price: $275,000
Odessa, median home price: $280,000

The data indicates smaller metro areas in Texas tend to offer more affordable housing compared to major cities. Proximity to larger job centers while maintaining a lower cost of living makes these smaller cities attractive places to live in the state.

Source: https://www.redfin.com/blog/affordable-places-to-live-in-texas/