Pittsburgh, St. Louis, and Detroit: America’s Last Affordable Housing Markets

Reported about 18 hours ago

Pittsburgh, St. Louis, and Detroit are currently the only U.S. metropolitan areas where median home prices remain below $300,000, making them accessible for households earning between $70,000 to $80,000 annually. With rising home prices and mortgage rates, these cities offer affordable options for homebuyers in contrast to the overall market trend. Pittsburgh leads as the most affordable, while St. Louis and Detroit offer homes priced significantly below national averages, although the future of this affordability is uncertain due to ongoing price increases.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis