11/23/2023 0 Comments Highland lakes condos for sale![]() To ensure geographic diversity, we limited our list to just one city per state.ġ. We also factored in the number of restaurants, bars, and entertainment establishments per capita to ensure there was more to do in these places than just lounge by the water. Each place had to have at least 25 listings. Then we calculated affordability by analyzing median home list prices year to date through May 2022 for these communities. To come up with our list of the nation’s most affordable lake towns, we looked at more than 11,000 towns with or on lakes. These lake towns might not be ones with the highest name recognition or bragging rights, but they do offer a host of fun water activities-and the privacy and small-town feel missing from bigger, more populated vacation spots. “We see a trend across all our markets of buyers thinking, ‘Life is short, buy the lake home!’ Many of those seek out the more rural lake towns where homes may be relatively more affordable than at larger lakes or at lakes near cities,” says Phillips. The company, based in Hoover, AL, has lakefront listings in 34 states. ![]() ![]() “There has been a steady uptick in the number of people seeking out homes in lake towns over the past few years,” says Glenn S. And yes, they can be terrific investments, too. And that is providing an opening for regular folks with steady jobs who have been saving up for just this opportunity to swoop in.Įven in today’s expensive real estate market, there are still a few places left where homebuyers can find great, affordable lake homes that can serve as Zen-inducing or pulse-pounding retreats (your choice!) for much of the year. ![]()
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