10. Barnstable, Mass.
Barnstable, Mass.
Cape Cod has some cozy three bedroom homes for under $340,000.
Median home price: $299,000

Located on Cape Cod, many of the homes in Barnstable are on or near the water, which in itself multiplies a property's value. Some of Barnstable's towns, like Hyannis Port, are known for their luxury estates and large family homes.

Cape Cod grew up as a working community with a large fishing industry, but tourism has provided the lion's share of its economy for decades. It has meant a good living for local residents: Median household income exceeds $75,000.

While home prices have fallen some 30% from the peak, second home buyers have helped the market to recover. Barnstable is especially popular with people from the Boston area because it's just a 90-minute drive from the city and doesn't involve crawling all the way up the peninsula to the Mid- or Outer-Cape towns like Truro or Provincetown in Friday night traffic.


Median home price data is for the first three months of 2011 and was compiled by the National Association of Realtors.
Last updated June 15 2011: 9:34 AM ET
Join the Conversation

If you're hunting for a real estate bargain, look no further: Here are 10 cities where the typical home costs less than $82,000 More

The former first family of Alaska recently bought a home in Scottsdale, Ariz. for $1.695 million. More

Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.