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MakeMyMove shares the 12 most affordable places to live in the U.S. in 2025 based on average home prices, rental rates, and testimonials from locals.
In Australia, the Housing Industry Association publishes a Housing Affordability Index, [5] which is a "'purchase affordability' metric which is most representative of an individual owner occupier purchasing a home with a mortgage, although it is also indicative of conditions for others transacting in the housing market."
U.S. states and D.C. by median home price, February 2024 (in February 2024 dollars) [1] State rank State or territory Median home price in US$ 1 Hawaii: $839,013 2 California: $765,197 — District of Columbia: $610,548 3 Massachusetts: $596,410 4 Washington: $575,894 5 Colorado: $539,151 6 Utah: $509,433 7 New Jersey: $503,432 8 Oregon: $487,244 9
Following the Great Recession in 2008, there has been a substantial decline in the rate of home ownership, leading to increases in foreclosures and short sales. [7] [8] [9] This, in turn, has driven a surge in the number of individuals and families opting to rent homes, causing greater rental expenses. [10]
800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. ... States with the most affordable homes Iowa: $241,000 ... Real estate is a local game, and no matter what state you choose, be sure ...
Dothan is an affordable, family-oriented city for middle-income homebuyers, with low property taxes and median home values of $182,364 — nearly 50% lower than the U.S. average of $359,892.
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