Ready For The Summer? Here Are The Five Most Affordable Beach Towns In The US
Not everybody can afford a beach house in The Hamptons or Nantucket. Yet, there are plenty of options to become a happy owner and enjoy summer at its best.
Summer is equal fun, equal beach. And who doesn’t want to have a house near the sea to enjoy the hottest days of the year—especially since occasional change of location and travelling is proven to be great for your health? Not everybody can afford a beach house in The Hamptons or Nantucket. Yet, there are plenty of options to become a happy owner and enjoy summer at its best. This is why it is always good to explore all options. Why not check the five most affordable beach towns in the US?
There are some nice hot spots that you might not be aware of and they are far away from the traditional summer hot spots. At the same time they offer all the commodities plus affordable prices to fulfill your beach house fantasy. Let’s not forget that the US has more than 95,471 miles of shoreline which offers different sand and sun options as well as varying price affordability.
In their latest report, Realtor.com shows us America’s most affordable beach towns in its 2017 Edition. The study is narrowed to beach cities with populations between 1,000 to 100,000 with at least 30 properties on the market. Also, the study is limited to two towns per state separated by at least 30 miles: their goal is to provide some geographic diversity. The median home price was set to be below the median home price of $250,000.
ATLANTIC CITY, NEW JERSEY
Population: 39,415 | Median Home Price: $117,500
The city hasn’t fully recovered from the recession. Shuttered casinos and high local unemployment have pushed housing towards lower pricing. As a consequence, it isn’t a surprise to see short sales and foreclosures. In addition, Hurricane Sandy hurt the city considerably. “People aren’t coming [to Atlantic City] for the gambling; they are coming for the beach,” says real estate agent Deborah Gegeckas of Boardwalk Realty. “You’ve got the boardwalk, amusement parks, shows, a hundred five-star restaurants.”
KEANSBURG, NEW JERSEY
Population: 9,872 | Median Home Price: $125,000
Like Atlantic City, Keansburg is another town fighting to recover from Hurricane Sandy. Keansburg is only footsteps away from the beach and housing can be found around $150,000.
Regarding developments, things are looking up. The town has seen a $65 million investment in mixed-use projects to be finished by summer 2018.
Population: 71,750 | Median Home Price: $154,700
Buyers can easily afford a cheaper option or go all in for a beach house of luxury. The houses within walking distance to the beach cost less than $170,000. For buyers with a bigger budget, a fancy house with a chef’s kitchen will cost them around $600,000.
DEERFIELD BEACH, FLORIDA
Population: 78,881 | Median Home Price: $157,900
Deerfield has it all. Waterfront homes, with direct beach access and canal-front homes can be found here. Some of those houses are pricey but there are also some affordable choices that liner in the $100,000 range.
LA PORTE, TEXAS
Population: 35,039 | Median Home Price: $193,600
Sylvan Beach Park has sandy beaches and includes a 1,100-foot fishing pier (which happens to be the longest in Texas). Within one or two blocks of the water, there are countless ranch and bungalow-style single-family homes for under $300,000. “La Porte is affordable, and quiet,” says Realtor Jeanette Haas, with Keller Williams Realty. “For less than half a million, you get something really amazing that’s right on the water. You don’t get that in other places.”
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