Radford among Top 10 affordable college towns for homebuyers
Radford, Virginia, home of the Highlanders and Radford University, has been named by Realtor.com as one of America’s Most Affordable College Towns for Homebuyers in 2022.
Radford ranked No. 8 on the list of places where, the website notes, “scholarly buyers can go to find a good deal on a home.”
To compile the list, Realtor.com identified cities where students accounted for 25% or more of the overall population, and each city on the list has between 15,000 and 200,000 residents.
“We limited our list to the single most affordable city per state to achieve geographic diversity, and cities with at least 20 active listings to ensure enough data to determine median listing price,” Realtor.com said. Its findings from August 2022 reveal the median home price in Radford is $284,000.
“Those looking for a lively college town shouldn’t overlook Radford, Virginia,” Realtor.com said. The riverfront city “has plenty of restaurants, waterfront parks and a burgeoning arts scene.”
Radford was the only Virginia location listed in the rankings.
You can read the full ranking of America’s 10 Most Affordable College Towns for Homebuyers in 2022 on Realtor.com.
Soon after the rankings were released, Radford University was named in Washington Monthly’s Best Bang for your Buck, National University rankings. The university ranked 127 in the 2022 National University Rankings and 31 in the 2022 Best Bang for the Buck Rankings: Southwest - a ranking the university has been part of for nearly a decade.