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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