Sentences with phrase «median area home»

In 2017, metropolitan median area home prices ranged from $ 84,600 in Decatur, Illinois to $ 1,270,000 in the San Jose - Sunnyvale - Santa Clara, California area.

Not exact matches

Median home prices in the area are about $ 300,000, compared with the Valley's $ 1.25 million.

The median home value in the area is only $ 64,600, making Port Arthur the most inexpensive place to buy a house in our study (on average).

Paying for all of the costs associated with a detached home in the Vancouver area requires 121 per cent of median household income; for a condo, it's 46 per cent of income, making it Canada's least affordable city, according to economists at the Royal Bank of Canada.

The median price paid for a home in the Bay Area was $ 565,000 in February 2015, down 1.2 percent month over month and up 4.6 percent year over year, according to CoreLogic.

In Indianapolis, the nation's 15th largest city, homeowners need only earn the median area income in order to afford the median priced home.

With median rent on a one - bedroom apartment hovering around $ 3,000 and prices in nearby Oakland, California, climbing, area residents routinely put more than half their take - home incomes toward housing.

Buying the median priced Seattle area home at $ 613,500 demands 62.5 percent of pay.

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day.

In the cities and counties that are part of the Washington, D.C. metro area, median home values are typically higher than $ 450,000 and most homeowners pay over $ 3,000 annually in property taxes.

This Bay Area city has the highest median home price of all the cities on our list.

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.

Ohio's largest metro area, Columbus has seen a steady increase in median home prices, although prices do experience a seasonal rise and fall as demand grows during the spring and summer.

If you're looking to purchase home in a rural area and you make 115 % or less of the area's median income, you may be eligible.

The median home value in Montgomery County, which is part of the Washington, D.C. metropolitan area, is $ 460,100.

In this example, we estimate the share of a household's income that goes to a monthly mortgage payment on the median home across the country's metro areas.

The median sale price would be a perfectly accurate reflection of home values in an area if every home were bought and sold in the particular time period.

We feel it is, because with the Zestimate, we have an estimate of the current value of every home in the area and, thus, can estimate what the median sale price of the whole area would be if every home were sold on the same day: It would approximately equal the median Zestimate, or Zillow Home Value Index for that ahome in the area and, thus, can estimate what the median sale price of the whole area would be if every home were sold on the same day: It would approximately equal the median Zestimate, or Zillow Home Value Index for that ahome were sold on the same day: It would approximately equal the median Zestimate, or Zillow Home Value Index for that aHome Value Index for that area.

The National Association of Realtors reported that the Urban Honolulu metro area had a median home price of $ 760,200 in the third quarter of 2017.

The key question is: «How much salary do you need to earn in order to afford the principal and interest payments on a median - priced home in your metro area?»

Santa Clara County is considered to be a «high - cost area» by HUD, because median home prices are well above the national average.

So, essentially, the VA's program is designed to accommodate buyers who are seeking a moderately priced house, based on median home values in the area.

Given these figures, it's easy to see why Sacramento's $ 293,600 median house value is so attractive to home buyers who are planning to leave the more expensive Bay Area.

Across the metro area, the median home value rose by around 5 % last year.

The latter number applies to high - cost areas with a higher median home price.

In June 2016, the median price paid for a home in the nine - county Bay Area rose to $ 712,000.

They vary by county and are based on median home prices within the local area.

Home prices across the metro area rose steadily in 2016, with the median house price climbing above $ 660,000 for the first time.

A recent blog post by Bay Area - based Bridgepoint Funding noted that the median home price in Alameda County is more than $ 100,000 above the FHA loan limit for that county.

Home buyers who purchase a median - priced property in these areas could enjoy much lower housing costs than those who pay rent.

The median home value for the San Francisco Bay Area was just over $ 900,000 when this article was published.

Home prices are rising quickly, but are still 58 percent less expensive than the median Bay Area hHome prices are rising quickly, but are still 58 percent less expensive than the median Bay Area homehome.

Homes cost more in the desirable areas, such as Paramus which had a median home value of $ 594,300 in August 2017.

Reinforcing this point in 2009, conforming loan limits were then raised in certain «high - cost» areas nationwide; areas in which the median home sale price handily exceeded the national average.

These are areas in which the median home sale price increased last year.

These are areas in which the median home sale price increased last year to a point where they exceed the national average handily.

Over the last few years, in particular, La Jolla has become a very desirable place for people to live, and as a result, the area is bringing in median home prices of over $ 1 million: a whopping $ 1,298,990 to be precise.

In 2009, the conforming loan limits were given an increase in specific «high - cost» areas nationwide; areas in which the median home sale price handily exceeded the national average.

The median home value in this area is about $ 781,018.

According to the Unison Home Affordability Report, the median home price in this area is $ 593,Home Affordability Report, the median home price in this area is $ 593,home price in this area is $ 593,000.

Known as «FHA loan limits», these maximums vary by area, based on local median home values; and, by property type.

High - cost areas are areas in which the median home price multiplied by 1.15 % is greater than $ 679,650.

Check your area's median home price, then find your estimated payment on a mortgage calculator.

The article includes graphs of average home price to median income for 20 metro areas.

ZIP Code areas with less than a 10 % change in quantity and median home values below 75 % of the within - metro median (across all ZIP Code areas within the metro) are labeled as having legacy housing supply that exceeds current demand.

This calculator, created by the U.S. Department of Housing and Urban Development, allows you to estimate the median home price in your area.

The National Housing Act (NHA) mandates that the FHA set its loan limits at 115 % of the area median home price, subject to a national minimum «floor» and maximum ceiling limit.

San Francisco — This metro area's median home price was $ 843,200, according to Zillow.

Looking forward, Zillow's economists forecast that the median home value in the area will rise by 4.9 % over the next 12 months or so.

In the Chicago metro area, median home prices are expected to rise 7.1 % in August 2016, compared to the same time last year.