Article Written by the National Associations of Home Builders

Most Affordable Housing Markets

1. Kokomo, Indiana



National Affordability Rank: 1
Median Sales Price: $88,000
Median Annual Income: $57,400
*Price and income data according to National Association of Home Builders' data from first quarter of 2008.

 

 		 
2. Lima, Ohio



National Affordability Rank: 2
Median Sales Price: $80,000
Median Annual Income: $56,900

 

 		3. Cumberland, Maryland



National Affordability Rank: 3
Median Sales Price: $70,000
Median Annual Income: $50,000

 
4. Lansing, Michigan



National Affordability Rank: 4
Median Sales Price: $97,000
Median Annual Income: $62,700

 

 		5. Springfield, Ohio



National Affordability Rank: 5
Median Sales Price: $88,000
Median Annual Income: $54,500

 
6. Battle Creek, Michigan



National Affordability Rank: 6
Median Sales Price: $75,000
Median Annual Income: $54,600

 

 		7. Wheeling, West Virginia



National Affordability Rank: 7
Median Sales Price: $79,000
Median Annual Income: $45,800

 
8. Bay City, Michigan



National Affordability Rank: 8
Median Sales Price: $80,000
Median Annual Income: $53,700

 

 		9. Indianapolis, Indiana



National Affordability Rank: 9
Median Sales Price: $106,000
Median Annual Income: $65,100

 
10. Monroe, Michigan



National Affordability Rank: 10
Median Sales Price: $133,000
Median Annual Income: $66,200