• Housing

    Most Affordable Real Estate Markets By State

    kentucky.jpgWhere 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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