The phrase denotes actual property properties, particularly residential dwellings, out there for buy in a geographically proximate location to the searcher and priced at or under $100,000. This means a need for reasonably priced housing inside a handy distance. For instance, a person residing in a specific metropolis may use this search time period to find budget-friendly properties of their space.
The prevalence of searches for properties inside this worth vary highlights the demand for reasonably priced housing choices. This demand is influenced by varied components, together with revenue ranges, mortgage charges, and the general financial local weather. Traditionally, the supply of properties on this worth bracket has fluctuated primarily based on market situations and development traits, impacting housing accessibility for potential patrons.