Top 5 Cities for Homebuyers

Published on August 17th, 2016

Summer is quickly ending and as newlyweds settle in and the kids start school, homebuyers are taking advantage of the market’s low rates! A home is a great investment, but the return on your investment varies depending on your location. If you’re looking to move this fall, our team at vLoan rounded up a list of cities for you to explore based on statistics by WalletHub. Whether you qualify for an FHA, Conventional or USDA loan, you’re bound to find something for you in this list.

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5. Thornton, CO

Thornton is located right outside of Denver, in the beautiful Centennial state. This is a top-rate city with an attractive downtown filled with arts and culture surrounded by mountains. According to statistics from Sperling’s Best Places, the median home price in Thornton is $213,000. This is a good time to buy in Thornton because home appreciation is up 11.4 percent in the last 12 months.

4. Louisville, KY

Making the move to the largest city in Kentucky? There will never be a dull moment in Louisville, famous for the Kentucky Derby. With a low cost of living, attractive historic districts and arts and culture, it’s the perfect place for a young couple or family. The median home price is around $148,000 and home appreciation is up 1.4 percent in the last year.

3. Greeley, CO

Another city located outside of Denver gets a top 3 spot on this list. Much like Thornton, Greeley has a small-town atmosphere with nearby mountains. The low cost of living provides great opportunities for fun outings with the family. The average home price is $162,000 and home appreciation is up 7.2 percent.

2. Overland Park, KS

Overland Park’s founders had a vision for a “self-sustaining, well planned, ‘park-like’ community.” The city of Overland Park has been the recipient of many national awards for offering a high quality of life to its residents. Join this diverse community and enjoy the entertainment at the city’s downtown. The average home price in Overland Park is $258,400, and it’s a good time to buy because home appreciation is up 5.7 percent.

1. Lexington, KY

The Lexington area has young college-town vibe, but is also surrounded by historical interests and attractive countryside. It’s a great city to study, sightsee and settle down when you’re ready. At the heart of the Bluegrass region, Lexington has plenty of entertainment and fun activities for young couples or families.

Still need to do some research to find your dream home? Check out our Where to Live page to explore the states where we currently work. Follow us on Facebook or Twitter to get daily updates on rates and great cities waiting for you to move on in!

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