Affordable housing markets
When it comes to affordable housing, no region can top the Midwest: Nine of the top ten of the nation’s most affordable housing markets are there, according to the latest National Association of Home Builders/Wells Fargo Housing Opportunity Index.
Which large city in the Midwest is considered most affordable?
Indianapolis, where 87.4% of all the homes sold there during the second quarter were affordable to anyone earning metro area’s median household income, $65,100. The median price for a home was $120,000.
Read more to find out where you find the least affordable housing. It will be no surprise to you that 9 out of 10 least affordable cities are in California!