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.
Not exact matches
Homeowners should be happy to hear the
median home has
seen its
value increase by $ 180,000 in this neighborhood.
Located in southern Brooklyn, Ocean Parkway South has
seen the fourth - highest increase in
median home values.
In total the
median home saw its
value increase by 23 % from 2012 to 2016.
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.
Fifteen of the top 35 major metros have
seen median values soar higher than ever before, and 48 percent of all
homes are
valued beyond what they were prior to the bust.
Among 177 metro areas, we
see that 89 % of these areas have a
median home value lower than $ 380,000.
The
median home value in Allston is over $ 470,000 and
values have
seen consitant growth year over year.
In January 2007 the
median house price of Detroit was $ US76, 000 ($ 99,000) but in the 10 years since the GFC and closing down of major manufacturers in the city has
seen home values fall off a cliff.
From 2012 to 2016, Census Bureau data show the
median home in Hayward
saw its
value increase by over 20 %.
Furthermore the
median home in this city
saw its
value increase by 12 %, making it a great city for people looking to sell their
home.
Memphis, Tenn — The
median home value is 46 percent below the national
median (
see mortgage rates in this area), and the average apartment rent of $ 709 per month is 21 percent below the U.S. average.
The
median home value is 46 % below the national
median (
see mortgage rates in this area), and the average apartment rent of $ 709 per month is 21 % below the U.S. average.
Compare that price tag to a
home in one of New York's suburbs, such as White Plains which has a
median home value of $ 571,100, and you can
see how much prices vary in this diverse state.