Most Affordable Real Estate Markets By State

Where are the affordable real estate markets in your state? Oh, we don’t know. It’s a good thing BusinessWeek does. They’ve made a list of the most and least affordable markets in each of these United States.

Without futher ado, some interesting highlights:

Kentucky doesn’t vary much:

Most Affordable: Florence
2007 Avg. Sales Price: $209,579

Most Expensive: Louisville
2007 Avg. Sales Price: $238,000

Variance: $28,421

California, on the other hand, is all about the neighborhood:

Most Affordable: Sacramento
2007 Avg. Sales Price: $380,625

Most Expensive: Beverly Hills
2007 Avg. Sales Price: $2,206,883

Variance: $1,826,258

Living cheaply in Illinois may require living in Rockford, but we think you can probably find some better deals:

Most Affordable: Rockford
2007 Avg. Sales Price: $199,875

Most Expensive: Chicago
2007 Avg. Sales Price: $732,333

Variance: $532,458

In New York, we should all move to Binghamton:

Most Affordable: Binghamton
2007 Avg. Sales Price: $193,382

Most Expensive: Katonah
2007 Avg. Sales Price: $904,750

Variance: $711,368

The cheapest of all? Killeen, TX:

Most Affordable: Killeen
2007 Avg. Sales Price: $136,725

Most Expensive: Dallas
2007 Avg. Sales Price: $302,198

Variance: $165,473

Affordable Homes in Every State [BusinessWeek]

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