With home prices rising so much over the past few years if you just took a cursory look at the market you might think your only option for a new home under $250K is a townhouse. 

That's not actually true.

Hard to believe isn't it?  See them all here.

If we expanded that to homes under $300K, we'll find 36 sales!

Not interested in what sold over an entire year?  Curious about what is currently on the market? 

There are 40 new homes under $300K that are currently on the market and under contract and 7 new homes currently for sale under $300K.

Many of the new homes under $250K are currently found in Brentwood subdivision where a new section just opened up.

Many of the new homes between $250K and $300K are in Shady Creek, in Grottoes, where Ryan Homes just started building homes.

Now, it should also be noted that some buyers might look at the new homes available under $250K or under $300K and say...

...all of which are valid conclusions -- but just because some buyers won't choose to buy these new homes under $250K or under $300K based on their style, size or location that doesn't mean that they aren't being built -- or that it is not possible to build them.

Also, circling back to the beginning -- it is certainly true that you can spend over $250K on a new townhouse -- with the two current obvious examples being Congers Creek and Crescent Ridge.