It seems Meridian, Idaho is the place to move if you’re looking for a newer model home. According to a new report from Realtor.com [1], 34.3 percent of the city’s homes were built after 2013.
They’re affordable, too. At a median price of just $290,000, Meridian’s post-2013 construction costs come in significantly lower than Realtor.com’s other top 10 new home bastions, including Richmond, Oklahoma, where post-2013 homes come in at a median price of $326,000, and College Station, Texas, where they’re $345,000.
Population growth is likely the reason behind Meridian’s big construction boom, with a jump from 35,000 residents to more than 84,000 over the last century. It is now the state’s third-biggest city and home to some of Idaho’s biggest tech companies and employers.
As for College Station, the city is Texas’ top job creator, thanks in large part to Texas A&M University. It’s also the 15th-fastest growing city in the country, according to the U.S. Census.
Also making the list for top new construction areas were Fargo, North Dakota; Lincoln, Nebraska; Frisco, Texas; Irvine, California; San Tan Valley, Arizona; Arvada, Colorado; and Orem, Utah.
For vintage charm seekers, Realtor.com also revealed the spots where the oldest construction in the country can be found, and the Boston-Cambridge, Massachusetts area came in at No. 1 by a mile. With 34.7 percent of homes built before 1900, its historic properties boast a median price of just under $800,000.
Newark, New Jersey took the No. 2 spot, though its numbers pale in comparison with Boston. A little more than 13 percent of houses were built pre-1900, and median historic home prices are $144,500.
The list also included Allentown, Pennsylvania; Hartford, Connecticut; Providence, Rhode Island; Manchester, New Hampshire; Grand Rapids, Michigan; Chicago; Cincinnati; and Milwaukee.
To view the complete lists, stats, and analyses, head to Realtor.com [1].