4 Northeast Cities Where You Can Buy Luxury Homes for $100,000 or Less

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©Shutterstock.com

Home prices are skyrocketing, and nowhere is this more evident than in the Northeastern US. With the median home price in Massachusetts over $600,000 according to Zillow, you might think that buying a home for $100,000 is a dream, especially if you’re looking for luxury.

However, depending on your definition of luxury, there are some locations in the Northeast where you can find a home for $100,000 or less. Here are four.

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Albany, New York

Most locations with houses for sale at this price are in very small towns or in rural areas. Albany is an outlier, with its share of multifamily homes, some of which sell for $100,000 or less. While these homes may not meet everyone’s definition of luxury right now, there are some that have notable potential for improvement.

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Philadelphia, PA

While you won’t find a luxury home on Philadelphia’s Main Line for this price, there are some options for soon-to-be luxurious living in the city. Townhomes and multi-unit properties in need of TLC – sometimes a little, sometimes a lot – can be found in Philadelphia.

Hooksett, New Hampshire

Mobile home parks have come a long way and some can be quite luxurious. Manufactured homes in mature communities, such as this one in Hooksett, NH, often include a carport or garage, a porch, and updated kitchens and bathrooms. Properties in such places can be purchased for $100,000 or less.

Brookline, Vermont

If your idea of ​​luxury is beautiful views and efficient space, a tiny house might be the abode of your dreams. There is one available in Brookline, Vermont for $49,500, with large windows and a sleeping loft. It’s even on wheels, so if you don’t like the location, you can move your house somewhere else!

Even with all the news about rising home prices and interest rates, you can find some luxury homes in the Northeast for $100,000 or less.

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