Sentences with phrase «low median home value»

A Pasco County city, Port Richey has a low median home value of $ 91,700, making it a perfect entry level investment location for investors!
However, a low median home value also plays a role in the low property taxes paid.
New Mexico has the seventh - lowest total tax bill, on average, in the U.S. Property and income taxes paid are among the lowest of all states — due, in large part, to a low median income and a low median home value in the state.
But property taxes paid in Iowa are lower than in half of the states because of Iowa's low median home value.
However, Bellingham insurance quotes will be affected by the higher - than - average crime rate, and lower median home values.
Based on our estimates, 85 percent of counties had a lower median home value than the national level.
It currently boasts one of the lowest median home values of any metro area in California.
The metropolitan area with the lowest median home value is Brownsville - Harlingen, Texas at $ 75,700.

Not exact matches

For the sake of simplicity, let's assume our median American home owner pays a median American property tax of 1 percent of the home value per year — which is lower than many countries surrounding major metros.
We ranked the neighborhoods from highest to lowest based on median home value change.
Income and property taxes paid are lower than in most states because median income and median home values are near the bottom of the list.
The median home value, while high relative to the U.S. median, is the lowest among our expensive cities.
The median home value in Clayton County is around $ 85,000, significantly lower than the home value in other Atlanta - area counties like Fulton and DeKalb.
Our analysis of rates for a purchase mortgage at the state's median home value of $ 300,000 revealed that the lowest mortgage rate offers can be found among smaller direct lenders, many of whom advertise their offers online.
The city's median home value is $ 124,100, which is among the lowest in the study, and it experienced only 4.9 percent growth, the ninth - lowest rated overall.
Walker, flanked by Assembly Speaker Robin Vos and budget committee co-chair Sen. Alberta Darling, said his proposal was a win for taxpayers and would result in property tax bills for the median valued home by 2014 that are lower than when he took office.
Our analysis of rates for a purchase mortgage at the state's median home value of $ 300,000 revealed that the lowest mortgage rate offers can be found among smaller direct lenders.
With a low unemployment rate and an estimated median home value of just $ 241,000, Elizabeth is an affordable place to live.
With the unemployment rate as low as it is, a median home value of about $ 276,000, and a median gross rent of about $ 1,100, living in Toms River can be good for your financial stability, especially as opposed to living in a city like Hoboken, where those costs are nearly twice as high.
Third on our list of places in Texas for low - cost mortgages, the city reported a median home value around $ 74,000 and a median household income of $ 49,000.
Known for its wineries and peach orchards, the city had a median household income almost identical to Austin's but slightly lower home values, resulting in an affordability ratio of 20.8 %.
Making Asheville your home wouldn't be a mistake because the estimated median home value in 2012 was lower than expected at about $ 194,000 and the median rent was about $ 800, making the city quite affordable compared to many other cities with far less interesting history and culture.
Higher home values: The median home values in these states are generally greater than those in low - priced states, which means more dwelling coverage is needed.
Lower home values: The median home values in these states will be typically less than other states, which means lower dwelling coverage amounts and equates to lower home insurance rLower home values: The median home values in these states will be typically less than other states, which means lower dwelling coverage amounts and equates to lower home insurance rlower dwelling coverage amounts and equates to lower home insurance rlower home insurance rates.
Residents of sparsely populated counties in Texas, Nebraska and North Dakota saw median home values as low as $ 50,000, all while earning similar incomes as their counterparts in the big cities.
The median home value is just $ 114,000, slightly lower than the average statewide.
For instance, if a program is geared toward low - to moderate - income home buyers, it might limit the borrower's income to 115 % of the median home value in the area (a common threshold).
Nationally, we found that saving 5 % of the federal minimum wage of $ 7.25 would require just over 11 years to meet the lowest possible down payment on a home at the current national median value.
Prospective borrowers who own their homes outright: The median home value of borrowers who did not have an outstanding mortgage is $ 197,500 (this is $ 57,000 lower than the median home value of people who still owe money on their homes).
Increasing employment, increasing median home values, stable levels of consumer debt, historically low credit card delinquency rates, and the second - lowest metro area unemployment rate in Kentucky in January 2018 spells steady growth for this metro area.
With the unemployment rate as low as it is, a median home value of about $ 276,000, and a median gross rent of about $ 1,100, living in Toms River can be good for your financial stability, especially as opposed to living in a city like Hoboken, where those costs are nearly twice as high.
With a low unemployment rate and an estimated median home value of just $ 241,000, Elizabeth is an affordable place to live.
Higher home values: The median home values in these states are generally greater than those in low - priced states, which means more dwelling coverage is needed.
The median home value is just $ 114,000, slightly lower than the average statewide.
Making Asheville your home wouldn't be a mistake because the estimated median home value in 2012 was lower than expected at about $ 194,000 and the median rent was about $ 800, making the city quite affordable compared to many other cities with far less interesting history and culture.
Popular homes around 122B Eagles Nest Dr have a median home value of $ 344,000, which is 11.34 % lower than the Tybee Island median home value of $ 388,000.
Analysts based the list on markets with appreciation that is expected to be robust; a «Breakeven Horizon» that is relatively short (the Breakeven Horizon is the length of time before owning a home becomes better financially than renting one); favorable inventory - to - household ratios (an indicator of inventory); concentration of price reductions; and lower median values.
Among 177 metro areas, we see that 89 % of these areas have a median home value lower than $ 380,000.
The lower $ 487,600 median home value also doesn't bode well for home buyers, indicating they'll be trying to purchase in a market that favors sellers.
The median value of homes in Maine, estimated by Zillow to be $ 118,000, is relatively low — not only when compared with the national median but especially next to the median home values of neighboring states, such as Massachusetts ($ 323,800) and New Jersey ($ 273,700).
This is lower than the county median home value of $ 183,600.
The median home value is more stable than the average home value, which can be greatly affected by a few very high or very low home values.
Popular homes around 16652 Itasca St have a median home value of $ 489,950, which is 29.50 % lower than the Northridge median home value of $ 695,000.
Popular homes around 2 White Oak Ln have a median home value of $ 349,000, which is 10.05 % lower than the Tybee Island median home value of $ 388,000.
While home values are relatively low (the median home value is $ 118,300), property tax rates are even lower.
A nationwide increase in median home values coupled with low inventory indicates a stronger post-recession market.
The median income of FSBOs was $ 86,200, in contrast with $ 99,900 for agent - assisted sellers, and they were more likely to be selling a smaller home, suggesting a lower home value for unassisted sellers.
The lower $ 487,600 median home value also doesn't bode well for homebuyers, indicating they'll be trying to purchase in a market that favors sellers.
Maine The median value of homes in Maine, estimated by Zillow to be $ 118,000, is relatively low — not only when compared with the national median but especially next to the median home values of other Northeast states, such as Massachusetts ($ 323,800) and New Jersey ($ 273,700).
Popular homes around 116 Sea Ln have a median home value of $ 349,000, which is 10.05 % lower than the Tybee Island median home value of $ 388,000.
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