These Are the Best U.S. Cities for First-time Homebuyers in 2026—and No. 1 Has Median House Prices Just Under $162K

A report identifies the top U.S. cities for first-time homebuyers in 2026, focusing on affordability, job stability, and quality of life. Peoria, Illinois, ranks first with a median home price under $162,000 and low monthly housing costs. Fort Wayne, Indiana, is second, followed by Pittsburgh, South Bend, Davenport, Rockford, Wichita, Toledo, Lansing, and Wichita Falls. These cities offer affordable housing, strong job markets, and good amenities.