Below are 10 different locations I picked from across the United States that I believe are among the best places to buy a second home in 2024. While avoiding massive cities, I based my choices in order upon leisure, architecture, general beauty, and affordability for middle to upper class individuals. The two qualities listed for each town include the state property tax rate and the average cost per square foot for a property in each city.
Additionally, I included a project I worked on through Zillow where I analyzed the average costs for a 2200 square foot property for sale in each city.
1 Bay Harbor, MI
Prop Tax Rate Cost per sq foot
1.48% of home $667
|
2 Charlotte, NC
Prop Tax Rate Cost per sq foot
0.80% of home $244
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3 Nashville, TN
Prop Tax Rate Cost per sq foot
0.66% of home $310
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4 Charleston, SC
Prop Tax Rate Cost per sq foot
0.56% of home $373
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5 Portland. ME
Prop Tax Rate Cost per sq foot
1.28% of home $554
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6 St. Augustine, FL
Prop Tax Rate Cost per sq foot
0.86% of home $258
|
7 Cape May, NJ
Prop Tax Rate Cost per sq foot
2.47% of home $768
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8 Boulder, CO
Prop Tax Rate Cost per sq foot
0.51% of home $591
|
9 Newport, RI
Prop Tax Rate Cost per sq foot
1.51% of home $551
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10 Key West, FL
Prop Tax Rate Cost per sq foot
0.86% of home $1.1k
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10 Second Home Locations
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Location
|
Low $
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High $
|
Avg Cost
|
|
Bay Harbor, MI
|
225k
|
535k
|
410k
|
|
Charlotte, NC
|
310k
|
1.55 mil
|
440k
|
|
Nashville, TN
|
365k
|
3.50 mil
|
650k
|
|
Charleston, SC
|
300k
|
2.70 mil
|
650k
|
|
Portland, ME
|
475k
|
1.10 mil
|
726k
|
|
St. Augustine, FL
|
335k
|
2.70 mil
|
Land- 600k water-900k
|
|
Cape May, NJ
|
700k
|
3.30 mil
|
1.0 mil
|
|
Boulder, CO
|
725k
|
2.40 mil
|
1.2 mil
|
|
Newport, RI
|
725k
|
2.20 mil
|
1.35 mil
|
|
Key West, FL
|
995k
|
5.35 mil
|
3.5 mil
|