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$400,000 homes are the norm nationally. In these 5 college towns, they’re under $120,000

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Why This Matters

With the national median asking price for a home near $400,000, a new ranking highlights five college towns where median list prices sit under $120,000 — a reminder that affordability in U.S. housing is highly local. For remote workers and relocation-minded buyers, these markets show that entry-level ownership is still possible, though usually in places with harsher climates and smaller job markets.

Key Takeaways
Worth a Look

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Some of America’s most affordable college towns still have median asking prices barely above $100,000. If you want to live somewhere where you can cheer on a college sports team—and actually afford a home—then a new ranking may give you some ideas for relocating. Hint: Prepare for cold winters or hot summers.