CNNMoney
Where homes are affordable
1. Hunter's Creek, FL
Next
Hunters Creek, FL
Median home price: $80,000
Median family income: $87,801

What was once just a swamp in central Florida has turned into a thriving community of 12,000 residents. 

While Hunter's Creek isn't incorporated -- the county runs the schools and police and fire services -- John Rasnic, the head of the Community Association, said "we think of ourselves as a town."

Anchored by the Hunter's Creek Golf Club, the sport is a big attraction here, but so is access to Orlando's theme parks and the Atlantic Ocean beaches -- both of which are just a short drive away. 

While many of the homes lining the fairways cost $300,000-plus, there are plenty of affordable alternatives. Condos are particularly good deals lately. Many were converted from rentals during the housing bubble. Now, banks are selling them at "fire-sale prices," said Rasnic. 

By Les Christie
Best Places to Live: Top 25
Best Places to Live: Top-Earning Towns
Best Places to Live: Best Home Deals
Best Places to Live: Rich and Single
Best Places to Live: Where the Jobs Are
Source: Onboard Informatics, actual sales collected from county and municipal assessors' offices. Only includes sales within city boundaries. Only cities where there were more than 100 home sales in 2010, and that were experiencing job and population growth, were considered. No more than 2 places within a state, and no more than 1 place within a county could qualify.