1. Peoria, IL – Affordable Living with Investment Potential
Peoria is one of the Midwest’s most affordable cities. The average home price is $127,378, up 8.2% over the past year. The median listing price is $149,950 as of March 2025.
“Peoria remains a sleeper hit for investors. The ROI on single-family homes here is some of the best in the region.” – Midwest Property Advisors
The housing market is very competitive, with homes going pending in around 17 days. Neighborhoods like West Bluff and Knoxville are seeing steady value increases.
2. Akron, OH – A Revitalized Rust Belt Gem
In Akron, the average home price is $132,233, up 5.0% year-over-year. The median listing price is $139,000 as of February 2025, trending up 11.2%.
“Akron is one of those under-the-radar markets benefiting from the remote work movement.” – Lauren H., Realtor & Market Analyst
The market is somewhat competitive, with homes going pending in 20 days. Growth is strong in neighborhoods like Highland Square and Firestone Park.
3. Columbus, GA – Southern Comfort Meets Affordability
Columbus offers charm and affordability. The average home price is $160,596, with a median listing price of $221,900, up 3.6% year-over-year.
“Columbus is poised for a boom. Inventory is tight, but demand is up—especially for homes under $200K.” – Georgia Home Review
Homes typically go pending in 17 days. Midtown and Wynnton Village are especially popular with military families and first-time buyers.
4. Rockford, IL – Up-and-Coming With Room to Grow
The average home price in Rockford is $157,258, up 10.9% year-over-year. The median listing price is $169,900.
“Rockford was the hottest housing market in December 2024, with homes moving quickly and prices rising.” – Realtor.com
Homes typically sell in just 43 days. Edgewater and Sinnissippi Park are emerging as strong neighborhoods for value growth.
5. Dayton, OH – Resilience and Revival
Dayton’s average home price is $149,857, up 4.7% year-over-year. The median listing price is $170,000, trending up 13.3%.
“Dayton has a grit-to-growth story. The housing market is turning a corner, and investors are taking notice.” – Rust Belt Revival Podcast
The market is competitive, with homes going pending in 17 days. The Oregon District and Belmont are leading revitalization efforts.
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Final Thoughts
These five cities—Peoria, Akron, Columbus, Rockford, and Dayton—offer some of the most affordable housing options in the U.S. Whether you’re a first-time homebuyer or an investor seeking value, these markets offer opportunities often overlooked in larger metros.