Best Suburbs for First-Time Homebuyers in 2022

Mar 21, 2022 | First Time Home Buyer

A lot of considerations go into choosing the right neighborhood to buy a home.. It can be challenging for first-time homebuyers to find a neighborhood they like with homes in a price range they can afford. Amenities, job opportunities, and other factors also have to be considered.

When you take all of this into consideration, it’s no wonder that so many first-time homebuyers today are moving to the suburbs. The suburbs offer an escape from the busy city life while also giving homeowners access to amenities.

Below, we’ve listed some of the top suburbs for first-time homebuyers in 2022. 

 

Top 3 U.S. Suburbs for Buying Your First Home in 2022

Buying your first home is a big decision. It’s important to do your homework and research different neighborhoods. This way, you can make sure that you’re moving to an area you’ll love. 

Here are some of the top suburbs for first-time buyers in 2022.

  • Magna, Utah

Magna, Utah, is our first choice for first-time homebuyers. The population here is only 29,251 and if the small-town vibes aren’t enough to entice you, check out the mountain view homes. Since the true potential of this place has not been explored by many yet, the prices are relatively low. The median home price in December 2021 was only $371K. What’s more, Magna is up for some massive growth since shipment centers are being built in the area. 

  • Chalco, Nebraska

First-time homebuyers should also check out Chalco, Nebraska. Only 11,064 people live here, and the city also offers excellent outdoor activities thanks to its waterfront location. The average price of homes in Chalco is likely within your budget. A median home price in December 2021 was around $225K. Moreover, since this area doesn’t depend on tourism or retail, the job opportunities here are abundant. 

  • Mauldin, South Carolina

Another ideal choice for first-time homebuyers is Mauldin, South Carolina. According to the latest census, only 24,724 people live within the city limits. The median price here in December 2021 was around $284K. Additionally, taxes are tremendously low, the neighborhoods are quiet, and the people are friendly. 

Moreover, you will find great restaurants and schools in this town. Also, did you know that the biggest BMW plant in the world is right by Mauldin in Greer? Other job opportunities include employment at the local Amazon facility and a Mitsubishi factory. Residents also have access to nearby skiing and water activities at the lake. 

 

Do Your Research

There are lots of great places for buying your first home in addition to the ones mentioned above. If you do your research, you’re bound to find lots of pocket-friendly neighborhoods that suit your lifestyle. 

 

Begin the Homebuying Process

Are you a first-time homebuyer looking to get started with the mortgage application process? Mortgage Solutions Financial is here to help! Call today to speak to an expert and begin the homebuying journey!

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