Forbes announced the 10 most affordable real estate markets of the country. Of course, you cannot expect to find any coastal cities on this list:
1. Indianapolis, Ind.
Median home price: $112,500
Median household income: $60,383
Recent affordable home sales: 89%
2. Cleveland, Ohio
Median home price: $122,900
Median household income: $57,472
Recent affordable home sales: 82.4%
3. Detroit, Mich.
Median home price: $154,600
Median household income: $63,052
Recent affordable home sales: 87.4%
4. Pittsburgh, Pa.
Median home price: $109,000
Median household income: $54,872
Recent affordable home sales: 75.5%
5. Cincinnati, Ohio
Median home price: $136,800
Median household income: $60,146
Recent affordable home sales: 78.1%
6. St. Louis, Mo.
Median home price: $134,400
Median household income: $59,950
Recent affordable home sales: 77.1%
7. Atlanta, Ga.
Median home price: $170,400
Median household income: $63,484
Recent affordable home sales: 69.3%
8. Greensboro, N.C.
Median home price: $145,100
Median household income: $50,447
Recent affordable home sales: 71.1%
9. Dallas, Texas
Median home price: $145,500
Median household income: $58,736
Recent affordable home sales: 57.4%
10. Austin, Texas
Median home price: $176,200
Median household income: $65,739
Recent affordable home sales: 56.8%
Alas, only if I can buy a house at 2-3 years of medium household income in Seattle!