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2 Florida cities make list of top 10 cities in U.S. with the most homes for sale for $200K and less

A piece of property is for sale in the San Francisco Bay Area for $400,000 but there is a slight catch. It is underwater.

Two Florida cities have made a new list of cities with the most homes under $200,000.

Realtor.com hunted down the top 10 places in the U.S. where there were at least 100 homes for sale for $200K and less during the first week of June.

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The monthly payment on a $200K home with a 20% down payment would be around $1,500, which is less than the national median rent of $1,732.

Two Fort Lauderdale suburbs, Lauderdale Lakes and Lauderhill, came in at No. 1 and 2, respectively, on the list.

For Lauderdale Lakes, the median list price was $149,350 with 239 listings under $200K. Around 85% of the listings were under $200,000.

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Lauderhill’s median home price was $175,000 with 404 listings under $200K. The percentage of listings in Lauderhill was 70%.

Realtor.com did note that nearly all of the available listings in these two cities are condos.

The rest of the top 10 include Albany, Ga.; Cleveland and Akron, Ohio; Detroit and Lansing, Michigan; Niagara Falls and Rochester, New York; and Rockford, Illinois.

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