5 Most Affordable Housing Markets
5 Most Affordable Housing Markets
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
Source: “Most (and Least) Affordable Cities to Buy a House,” CNNMoney.com (Feb. 19, 2011)