If you’re hunting for a real estate bargain, look no further: Here are cities where the typical home costs less than $82,000. The nation’s cheapest major housing market is the area in and around Youngstown, Ohio.
There, the median home price barely breaks $55,000, according to the National Association of Realtors. We’re not talking about hovels in slums; these are well-kept homes in nice suburban or city settings priced at levels to make consumers in pricey coastal markets ache with envy.
Here are the nation’s five cheapest housing markets:
No. 1 – Youngstown, Ohio
Median price: $55,400
No. 2 – Lansing, Michigan
Median price: $64,400
No. 3 – Toledo, Ohio
Median price: $64,900
No. 4 – South Bend, Ind.
Median price: $68,700
No. 5 – Akron, Ohio
Median price: $74,900
For more information on the different cities and pictures check out the full article by clicking here. For a free Kimberley Vassal Insurance quote visit our website today at http://www.kimberleyvassal.com
- Housing Market Predictions 2011: Home Prices May Still Be Too High (katytx2010.wordpress.com)
- Explaining The Housing Market Doldrums (webnerhouse.com)
- The 17 Cities Where Home Prices Are Still Falling Like A Knife (businessinsider.com)