Here Are The 14 Most Affordable Housing Markets In America

Saranya Kapur

If you don't want to spend most of your paycheck on housing, move to the Midwest. But definitely don't move to California.

That's according to Coldwell Banker's annual Home Listing report, which ranks the cheapest and most expensive areas to live across the US. 

The report compares the cost of a four-bedroom, two-bathroom home across America. It surveyed over 1900 markets and 52,000 listings, and found that the US average for such a home was $301,414. 

We took a quick snapshot of each of the 14 most affordable housing markets in the country.

14. Johnstown, Pennsylvania

Average Listing Price: $107,039

State Average: $283,791

The city has a population of 21,091. 81% of its population has white collar jobs, while 19% of the population has blue collar jobs.

The median age of homes is 65 years. 41% of those homes are owned, 41% are rented, and 17% are not occupied.

Source: Coldwell Banker

13. Hillsdale, Michigan

Average Listing Price: $106,384

State Average: $222,949

The city has a population of 8,304. 82% of its population has white collar jobs, while 18% of the population has blue collar jobs.

The median age of homes is 50 years. 51% of those homes are owned, 36% are rented, and 11%are not occupied. 

12. Ashland, Wisconsin

Average Listing Price: $104,774

State Average: $206,575

The city has a population of 8,039. 78% of its population has white collar jobs, while 22% of the population has blue collar jobs.

The median age of homes is 55 years. 57% of those homes are owned, 33%are rented, and 8% are not occupied. 

11. Utica, New York

Average Listing Price: $103,877

State Average: $371,134

The city has a population of 31,403. 81% of its population has white collar jobs, while 19% of the population has blue collar jobs.

The median age of homes is 63 years. 42% of those homes are owned, 45% are rented, and 11% are not occupied. 

See the rest of the story at Business Insider

See Also: