Wednesday, December 28, 2011

Where Can You Find the Cheapest Homes?

Buyers can snag plenty of deals in housing today. Falling home values and record-low interest rates continue to push affordability to record highs. 
Nationally, the median list price for a home is $189,900, up 4.05 percent year-over-year. 
The following cities offer the lowest median list prices in the nation as of November: 
  • Detroit: $84,900
  • South Bend, Ind.: $102,000
  • Dayton-Springfield, Ohio: $109,900
  • Fort Wayne, Ind.: $109,900
  • Toledo, Ohio: $109,900
  • Las Vegas, Nev.-Ariz.: $122,000
  • Cleveland-Lorain-Elyria, Ohio: $129,900
  • Lakeland-Winter Haven, Fla.: $129,900
  • Akron, Ohio: $129,900
  • Ocala, Fla.: $129,500
  • Springfield, Ill.: $129,250
  • Wichita, Kan.: $130,828

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