Throughout the past three years, we have seen property prices skyrocket nationwide. While the overheated housing market in the U.S. is losing a little steam, home prices remain high. With interest rates going up, homeownership is quickly becoming more challenging for many Americans. But there are still some hidden gems where homebuyers can purchase a home for less than $200,000. 

MarketWatch recently found a number of cool towns and cities where you can still find plenty of homes within that price range. And guess what? Winston-Salem made it onto the list! Here are their top five picks:

1. Tulsa, Oklahoma

Average home value: $186,655

Population: 411,401

Cost of Living: 16.8% lower than the U.S. average

2. Cambridge, Maryland

Average home value: $181,142

Population: 13,097

Cost of Living: 15.9% lower than the U.S. average

3. Des Moines, Iowa

Average home value: $191,340

Population: 212,031

Cost of Living: 18.8% lower than the U.S. average

4. Winston-Salem, North Carolina

Average home value: $231,727

Population: 250,320

Cost of Living: 18.7% lower than the U.S. average

5. Houston, Texas

Average home value: $270,365

Population: 2,288,250

Cost of Living: 3.5% lower than the U.S. average

To learn more about what makes these cities so attractive, click here. When you are ready to purchase a home in Winston-Salem or surrounding areas, give us a call. We can discuss your financial goals and discuss a loan program that might be right for you.