But what can you expect to buy with that budget? Surprisingly there is a great variety of homes from terraces and flats to generously sized semi detached houses.
Here are 10 examples of homes in the resort which fit a first time buyers budget.
1. Just reduced in price
This two bedroom terrace in Newcastle Avenue, Blackpool is priced at £100,000
Photo: JPI
2. Two bed bargain
£69,000 for two bedroom terrace in Montrose Avenue, Blackpool
Photo: On the Market
3. £50K flat
Bargain £50,000 price for two bedroom flat in Squires Gate
Photo: On the Market
4. End terrace
End terrace three bedroom home up for auction with a guide price of £60,000
Photo: On the Market