Here’s Where You Can Still Buy a New Home for Under $300K

With rising prices and tight inventory, many buyers assume they’ve been priced out of the new-construction market. But that’s not the case everywhere.

In fact, the Realtor.com® 2025 Top New Construction Metros report reveals there are 10 U.S. markets where new builds remain accessible and where builders are delivering much-needed supply at prices that work for today’s buyers.

These metros were selected based on share of new-home inventory, affordability compared to local wages, climate resilience, and sustained buyer demand.

Below, we highlight top metros where you can still snag a brand-new home for under $300,000—a rare find in today’s market.

Raleigh-Cary, NC

Price: $269,990—Poplar at Cavastead Townhomes

Why it qualifies: Raleigh tops the list thanks to its large share of new-home inventory (25.6%), solid population growth, and a booming job market tied to tech and education.

Home details: This modern townhome at Poplar offers an efficient layout and proximity to job centers, highlighting how inventory and pricing align for budget-conscious buyers.

Greenville, SC

 Price: $239,990—Newton at Tanglewood Townes

Why it qualifies: Greenville made the list due to its balance of affordability, job growth, and livability in the Southeast.

Home details: This three-bedroom townhome in a growing community is perfect for families or first-time buyers prioritizing value and modern comforts.

Round Rock, TX (Austin Metro)

Price: $293,995—Plan 1360 at Salerno Heritage Collection

Why it qualifies: As part of the greater Austin area, Round Rock offers more attainable prices and a large share of new homes in a high-demand tech corridor.

Home details: This compact, move-in-ready new build is priced below $300,000—rare for one of the country’s most competitive metros.

Charlotte, NC

Price: $284,900—Lucas Townhomes at Dukes Ridge

Why it qualifies: Charlotte ranks high due to its strong construction pipeline and steady inbound migration.

Home details: This townhome model features modern finishes and efficient design, giving buyers access to Charlotte’s vitality without the price premium.

Nashville, TN

Listing: $299,990—5225 Gladecress Ln., Hermitage

Why it qualifies: Nashville stands out for its population growth and new-construction pace, especially in surrounding suburbs.

Home details: This under-construction townhome spans 1,209 square feet, with two bedrooms and 2.5 baths in an open-concept layout, offering fresh design and move-in convenience at a surprising price for the Nashville area.

Springdale, AR

Price: $264,500—RC Keswick at Cottages at Clear Creek

Why it qualifies: Part of the fast-growing Northwest Arkansas region, Springdale offers buyers affordability and proximity to major employers like Walmart and Tyson Foods.

Home details: This cozy cottage-style build with tasteful design delivers both value and community charm.

McAllen, TX

Price: $267,990—Allamanda at Taylor Creek Village

Why it qualifies: One of the most affordable metros on the list, McAllen offers buyers a rare combination of low prices and warm-climate appeal.

Home details: This three-bedroom layout with modern finishes, all under $270,000, serves as a strong example of affordability in growth markets.

The outliers: higher price, still compelling

These two markets exceed the $300,000 mark, but they come with unique advantages based on the Realtor.com data:

Boise City, ID | $394,990—Madronawood Street home

Boise remains one of the rare metros where new builds outnumber resale listings, and new-home pricing (median $540,743) still beats the existing median of $559,517.

Madison, WI | $409,000—Acacia Ridge Tribeca model

In Madison, new construction is strong both for inventory and affordability: Median new-home pricing sits at $499,100, just modestly above the existing-home median of $449,300, which is particularly notable in a Midwestern context.

By Teiruma Gonzalez

Published on August 20, 2025

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