Many of the most affordable markets are in the Midwest

While affordability remains a key issue – both high home prices and mortgage rates still in the 6+% range – many budget conscious home buyers are turning to the Midwest metros for reasonable deals.

  • Grand Rapids, MI – Median listing price: $389,900, more than $25,000 less than the national rate
  • St. Louis, MO – Median listing price: $291,900
  • Cleveland, OH – Median listing price: $250,000
  • Pittsburgh, PA – Median listing price: below $250,000, the most affordable housing market in the US