Summertime is beach time as American’s head to the sandy strips of water-edged real estate around the country. While some own their vacation homes, timeshares or condominiums, multiple others desire a permanent beach destination. Just as with mountain resorts, however, high housing costs or the perception there-of limit people searching for listings.
To help with the affordability issue, researchers at Realtor.com look at active listings in beach towns across America each year. To identify contenders for inclusion in America’s most affordable beach towns, researchers focused on the largest markets around the country on the shore having the largest share of listings with keywords such as beach, beachfront, and ocean. Selections were based on listings from May 2018 to April 2019, with each market having some shoreline. Realtor.com also looked at areas having a high percentage of listings with water-based keywords including rafting, kayaking, surfing, boating, and fishing on Yelp.com.
Realtor.com’s findings for the most affordable beach towns in 2019 are shown in the following table along with the median price of listings. Once again no California markets made the list due to high housing costs. The top-10 markets were limited to two beach towns per state.
To search for beach properties take a look at the listings around the country on Realtor.com by clicking https://www.realtor.com/ Once there enter your destination city. Once there, click ion More Filters (shown below in the screen capture). In this example the search was for Galveston, Texas. When the search term Ocean was entered, 514 listings were available to search. Keyword Beach found 860 active listings.
In full disclosure, my wife and I personally are one of four owners of a beach property in Galveston, Texas. While summer is the most busy time for vacationers, being alongside the water anytime of the year is mesmerizing.
Have fun and good luck searching for your sandy destination. Also, do not overlook the investment aspect of these properties. While we do not rent our Galveston property, the value has more than doubled since acquisition.