10 Most Affordable and 10 Least Affordable Places To Own A Home

own a homeThe National Association of Home Builders released their housing affordability report for the 1st quarter of 2013 showing that in Mansfield Ohio, the median price for a home was $73,000 and, with the area median family income being $54,600, resulting in 97.5 percent of the new and existing homes for sale being affordable to an average family.  At the other end of the list was San Francisco, with a median price of $675,000, median income of $102,000 and only 28.9 percent of its homes affordable to a family with a median income.  St. Louis came in at 76 on the list with a median home price of $128,000 and median family income of $69,200 resulting in 85.8 percent of the homes being affordable to a family with a median income.  See the complete list below:

[wpsharely]

10 Most Affordable Housing Markets In The U.S. – 1st Quarter 2013

own a home Source: NAHB

10 Least Affordable Housing Markets In The U.S. – 1st Quarter 2013

own a home Source: NAHB

 

[/wpsharely]

 

Print Friendly, PDF & Email

Leave a Reply