Most Affordable U.S. Real Estate Markets
Forbes announced the 10 most affordable real estate markets of the country. Of course, you cannot expect to find any coastal cities on this list:
1. Indianapolis, Ind.
Median home price: $112,500
Median household income: $60,383
Recent affordable home sales: 89%
2. Cleveland, Ohio
Median home price: $122,900
Median household income: $57,472
Recent affordable home sales: 82.4%
3. Detroit, Mich.
Median home price: $154,600
Median household income: $63,052
Recent affordable home sales: 87.4%
4. Pittsburgh, Pa.
Median home price: $109,000
Median household income: $54,872
Recent affordable home sales: 75.5%
5. Cincinnati, Ohio
Median home price: $136,800
Median household income: $60,146
Recent affordable home sales: 78.1%
6. St. Louis, Mo.
Median home price: $134,400
Median household income: $59,950
Recent affordable home sales: 77.1%
7. Atlanta, Ga.
Median home price: $170,400
Median household income: $63,484
Recent affordable home sales: 69.3%
8. Greensboro, N.C.
Median home price: $145,100
Median household income: $50,447
Recent affordable home sales: 71.1%
9. Dallas, Texas
Median home price: $145,500
Median household income: $58,736
Recent affordable home sales: 57.4%
10. Austin, Texas
Median home price: $176,200
Median household income: $65,739
Recent affordable home sales: 56.8%
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