Those still searching for a beach home but don't want to pay Hamptons or South Florida prices have other options that are still considered "affordable."
A new report via Realtor.com reveals the top ten most affordable beach towns for homebuyers this summer. To find these affordable homes, Realtor analysts used listing data for every home put on the market in the past year located within a one-mile radius of each beach."
"We then selected the most affordable beach towns by price per square foot. Only locations with at least 50 properties within a mile of the water in the past year were included," they said.
Topping the list as the most affordable beach home community in the US is Gulfport, Mississippi, with an average median home price of around $225,000 within 1 mile of the beach. The median price per square footage within 1 mile of the beach was $144.
Second on the list is Newport News, Virginia, with average home prices within 1 mile of a beach around $220,000 and the median price per square foot around $150.