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Here Are The 14 Most Affordable Housing Markets In America
The report compares the cost of a four-bedroom, two-bathroom home across America. It surveyed over 1900 markets and 52,000 listings, and found that the US average for such a home was $301,414.
We took a quick snapshot of each of the 14 most affordable housing markets in the country.
14. Johnstown, Pennsylvania
Average Listing Price: $107,039
State Average: $283,791
The city has a population of 21,091. 81% of its population has white collar jobs, while 19% of the population has blue collar jobs.
The median age of homes is 65 years. 41% of those homes are owned, 41% are rented, and 17% are not occupied.
Source: Coldwell Banker
13. Hillsdale, Michigan
Average Listing Price: $106,384
State Average: $222,949
The city has a population of 8,304. 82% of its population has white collar jobs, while 18% of the population has blue collar jobs.
The median age of homes is 50 years. 51% of those homes are owned, 36% are rented, and 11%are not occupied.
Source: Coldwell BankerImage Source: City Data12. Ashland, Wisconsin
Average Listing Price: $104,774
State Average: $206,575
The city has a population of 8,039. 78% of its population has white collar jobs, while 22% of the population has blue collar jobs.
The median age of homes is 55 years. 57% of those homes are owned, 33%are rented, and 8% are not occupied.
Source: Coldwell BankerSee the rest of the story at Business Insider