UNITED STATES — With home prices stabilizing in many areas and mortgage rates expected to ease later in the year, 2025 could be the best window in years for first-time homebuyers. But not all markets are created equal. While major metros remain expensive and competitive, smaller cities and suburban areas are offering homes under $300,000, often with better schools, lower crime, and more space to grow.
According to Realtor.com and recent data from Zillow, these are the top cities for first-time homebuyers in 2025 where the median list price remains under $300K — and the opportunities are real.
1. Fayetteville, North Carolina
With a median home price of just $210,000, Fayetteville remains one of the most affordable military towns in the country. Thanks to the presence of Fort Liberty (formerly Fort Bragg), the local economy is stable, and first-time buyers can take advantage of VA loans, city grant programs, and down-payment assistance.
Homeowners in Fayetteville enjoy short commute times and plenty of new construction in safe, developing neighborhoods, according to Fayetteville Observer.
2. Cedar Rapids, Iowa
In the Midwest, Cedar Rapids stands out for its affordable real estate market, good public schools, and growing tech and healthcare sectors. The median home price is around $235,000, and local lenders often offer first-time buyer incentives…