The listings included a Wairoa property with four bedrooms, two bathrooms and a study for $145,000.
A three-bedroom Waipukurau house on 935sq m was advertised for $99,000.
Listings for Auckland city revealed 140 homes under $300,000, most of which were one- or two-bedroom homes.
According to Westpac's online mortgage calculator, a $300,000 property with a 20 per cent deposit would mean repayments of $697 a fortnight over 30 years at an interest rate of 6.5 per cent a year.
Andrew White, a registered valuer at My Valuer said Hawke's Bay is very affordable. He said the residential market was performing well, with a good number of sales in Napier and Hastings. Although the area was not seeing the urgency that existed in the hyped-up Auckland market, many properties were selling under multi-offer situations.
White said Hawke's Bay was attracting migration out of Auckland, which could only be positive particularly if they started to bring their business.
"Interest rates have never been as low as the current time, which may start to fuel the market in Hawkes Bay, and place some pressure on buyers," he said.
Every Hastings suburb other than Havelock North and Mahora had a median sale price below $350,000. Many suburbs offered numerous opportunities to purchase an affordable three-bedroom home for less than $300,000.
Suburbs with a median sale price under $350,000 in Napier this May were Onekawa, Pirimai, Marewa, Napier South, Maraenui, Tamatea, Taradale and Greenmeadows, said White.
Real Estate Institute of New Zealand (REINZ) chief executive officer Colleen Milne said more homes priced under $450,000 had sold outside of Aucland recently.
There were 12,383 dwellings sold for $450,000 or less outside Auckland between January and April this year. That represented 71 per cent of all sales in that time.
Between January and April last year 10,736 houses sold in that price range, making up 72 per cent of all sales.
The number of properties sold in the Hawke's Bay under the Welcome Home Loan, a scheme run by Housing New Zealand to help first-home buyers borrow, also increased. Prospective buyers can borrow up to 90 per cent of a property's value. Selected banks and credit unions loan the money. The maximum amount you can borrow with a Welcome Home Loan depends on where you are buying. Each region has a house price cap.
REINZ figures showed 631 properties sold at the Welcome Home Loan level in Hawke's Bay between January and April this year. That represented 83 per cent of sales and was up on 566 over the same period last year.
In the Rotorua District 290 dwellings sold for $450,000 or less. That represented 87 per cent of sales and was up on 231 at the same time the previous year.
