Affordable By Les Christie, CNNMoney.com staff writer
10 Most Affordable |
Big metro areas where residents are most able to afford to buy a home. |
Rank | Metro area | Affordability Index | Median home price | 1 | Indianapolis, IN | 94.8 | $98,000 | 2 | Youngstown, OH | 94.4 | $67,000 | 3 | Akron, OH | 93 | $78,000 | 4 | Grand Rapids, MI | 91.8 | $97,000 | 5 | Syracuse, NY | 91.3 | $85,000 | 6 | Warren, MI | 91.2 | $119,000 | 7 | Cleveland, OH | 91 | $86,000 | 8 | Buffalo, NY | 90.4 | $90,000 | 9 | Toledo, OH | 90.2 | $78,000 | 10 | Dayton, OH | 90 | $85,000 | |
10 Least Affordable |
Big metro areas where residents are least able to afford to buy a home. |
Rank | Metro area | Affordability index | Median home price | 1 | New York, NY | 21.5 | $418,000 | 2 | San Francisco, CA | 32.1 | $525,000 | 3 | Los Angeles, CA | 42.1 | $288,000 | 4 | Nassau-Suffolk, NY | 43 | $375,000 | 5 | Honolulu, HI | 44.1 | $360,000 | 6 | Santa Ana, CA | 48.2 | $360,000 | 7 | Newark, NJ | 49.3 | $315,000 | 8 | Miami, FL | 49.6 | $185,000 | 9 | McAllen, TX | 50.3 | $106,000 | 10 | El Paso, TX | 52.9 | $127,000 | |
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