Skip to main content

The Most Affordable Housing Market for Retirement Is …

Jan 29, 2019
The Florida housing market saw more new listings and higher sales prices in January, according to data from Florida Realtors

Florida dominated a new list from 55Places.com ranking the most affordable housing markets, with Sunshine State metros capturing six of the top 10 spots. However, the top ranking on the list was awarded to a metro that even 55Places.com acknowledged was a surprise choice: Sioux Falls, S.D.
 
“‘The Best Little City in America’ is also an ideal retirement destination for those who are looking to maximize their money in a city with plenty of things to do and experience,” said Sean Keely, Content Strategist at 55Places.com. “The city was at the top of our list in terms of resident well-being and scored extremely high in terms of affordable home prices and low cost of living, which is seven percent lower than the national average … And what really put it over the top was the fact that South Dakota’s tax rates are among the lowest in the country. The lack of a state income tax and no taxation on Social Security benefits means retirees can live large in this small city.”
 
Florida’s Ocala, Lakeland, Jacksonville, Daytona Beach and Gainesville took the second through sixth place rankings. Rounding out the top 10 were New Castle County, Del., in seventh, South Bend, Ind., in eighth, Tampa-St. Petersburg, Fla., in ninth and Waco, Texas, in tenth. 55Places.com stated the rankings were based on factors including the overall cost of living, local home prices, state tax laws, the availability of affordable 55+ communities and health care options.

 
About the author
Published
Jan 29, 2019
Fed Holds Rates Steady As Economic Growth Stays Solid

Move comes amid mounting pressure, frustration from President Trump

Guild Mortgage To Go Private In $1.3B Deal With Bayview Asset Management

Guild to remain independent post-acquisition, strengthening national retail and servicing strategy

Jun 18, 2025
Rocket Pro And Vetted VA Join Forces

What started as a Facebook group now educates 100K+ veterans monthly — Vetted VA and Rocket Pro working to bring ethics, clarity to a broken system

Jun 17, 2025
MBA Urges Shift To Single Credit Report Model, Citing Cost Savings And Efficiency

MBA says tri-merge credit checks cost lenders up to $100 per loan, doubling since pre-COVID, as industry pushes for a cheaper, single-report model

Jun 16, 2025
Fairway Acquires Hallmark Home Mortgage Through Asset Purchase

Hallmark to become new Fairway division, gets access to Fairway's Fairway's product portfolio, tech, and support resources

Jun 13, 2025
Trigger Leads Bill Clears Senate

Final push now left to House; reconciled bill needed next