Summer is in full swing, and while some are imagining more time on the beach, others just want to get away from the heat.
A new report from ATTOM Data Solutions shows the best cities to do just that. A new report looks at the most popular vacation cities, those where at least one in every 12 buyers in looking for a second home, to find the best place to buy a summer home.
The study considers the best combinations of good air quality, comfortable summertime temperatures, low crime and appreciating home values but with still-reasonably priced homes. ATTOM ranked a total of 100 U.S. cities.
Of those cities, five saw median home prices above half a million dollars:
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(Source: ATTOM Data Solutions)
The top 10 summer vacation home bargain markets were located in four states: Tennessee, North Carolina, Florida and Maryland, and all have median home values below $275,000.
Here are the top five markets for vacation rentals, and their Summer Vacation Home Market Index ranking:
5. Weaverville, North Carolina – 53.43
Average summer months temperature: 74.2
YTD 2017 median home price: $265,000
4. Asheville, North Carolina – 53.75
Average summer months temperature: 74.2
YTD 2017 median home price: $259,500
3. Port Charlotte, Florida – 54.24
Average summer months temperature: 83.7
YTD 2017 median home price: $150,500
2. Waynesville, North Carolina – 55.96
Average summer months temperature: 74.2
YTD 2017 median home price: $195,000
1. Crossville, Tennessee – 58.06
Average summer months temperature: 75
YTD 2017 median home price: $87,500
The heat map below compares all of the top 20 vacation rental markets:
