Top 10 Most Affordable Metros

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We love top-10 lists and we love finding bargains.  In that vein, the folks over at Realtor.com recently put pen to paper to come with the most 10 most affordable U.S. metros.  To get there, they looked at the 500 largest metros in the country and then whittled it down to the top 10 with the lowest median home prices.

“There are a lot of people in that first-time home-buyer group looking for starter homes, and they can’t afford it in many top metros,” says Robert Silverman, professor of urban planning at the University of Buffalo in New York. “If they’re mobile, [they can move to]a smaller, affordable community with cheap homes and great amenities.”

Top 10 Most Affordable Metros:

  1. Marion, IN
  2. Danville, IL
  3. Pottsville, PA
  4. Bay City, MI
  5. Weirton, WV
  6. Pine Bluff, AR
  7. Lima, OH
  8. Elmira, NY
  9. Topeka, KS
  10. Cumberland, MD

Click here to read more on Realtor.com.

 

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Director of Education & Outreach, National Real Estate Investors Association

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