The 10 Least and Most Affordable US Housing Markets

by Joshua Dorkin on September 27, 2006

  

Business Week today reported on the newest Home Price Comparison Index (HPCI) from Coldwell Banker. The list is arranged by average home sales price for the given market. Incredibly, the difference between the least and most expensive markets is $1.67 Million!

The Least Expensive Housing Markets Are:

1. Minot, ND – $132,300
2. Killen, TX – $140,310
3. Arlington, TX – $140,975
4. Grayling, MI – $144,250
5. Topeka, KS – $148,050
6. Canton, OH – $148,333
7. Tulsa, OK – $148,575
8. Billings, MT – $150,141
9. Fort Worth, TX – $151,250
10. Cadillac, MI – $151,530

The Most Expensive Housing Markets Are:

1. Beverly Hills, CA – $1.8 million
2. Santa Monica, CA – $1,766,666
3. La Jolla, CA – $1,762,500
4. Santa Barbara, CA – $1,700,000
5. Palo Alto, CA – $1,652,042
6. Newport Beach, CA – $1,566,250
7. San Jose, CA – $1,410,662
8. Greenwich, CT – $1,403,750
9. San Mateo, CA – $1,366,139
10. San Francisco, CA – $1,363,750

Looks like Greenwich, Connecticut is the only uber expensive market outside California. For the full list, look at the full Home Price Comparison Index (HPCI)

Related posts:

  1. BusinessWeek’s 10 Healthiest Housing Markets
  2. Hot housing markets starting to slow down
  3. Housing Starts to Fall to 3 Year Lows
  4. Where is The US Housing Market Going?
  5. Factors Driving housing Prices
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