Statistical Indicators

5 Most Affordable Housing Markets

Posted on Wednesday, March 16, 2011


Buying a home in Ohio is very affordable, according to a recent article at CNNMoney.com, which reveals the five metro areas where the average family can easily afford to buy a median-priced home. Ohio cities claimed three of the five spots.

Here are the most affordable housing markets, according to CNNMoney.com.

1. Indianapolis
Median home Price: $106,000
Median income: $68,100

2. Detroit
Median home price: $86,000
Median income: $57,100

3. Dayton, Ohio
Median home price: $106,400
Median income: $62,100

4. Youngstown, Ohio
Median home price: $76,000
Median income: $54,300

5. Akron, Ohio
Median home price: $100,000
Median income: $65,000

REALTORMag


Top 5 Priciest Places to Live
It’s not cheap to own real estate in California, according to a recent article at CNNMoney.com, which reveals the five least affordable housing markets in the country. California cities snagged three of the top five spots.

Here are the top five least affordable housing markets, according to CNNMoney.com:

1. New York City
Median home price: $425,000
Median income: $64,800

2. San Francisco
Median home price: $625,000
Median income: $96,800

3. Honolulu
Median home price: $450,000
Median income: $79,300

4. Santa Ana, Calif.
Median home price: $435,000
Median income: $86,100

5. Los Angeles
Median home price: $320,000
Median income: $62,100

REALTORMag


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