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10 major US cities where it is easiest to buy a house

Mortgage rates are at an all-time low, but that doesn't mean buying a home in the US is cheap right now. Low mortgage rates and a shortage of housing stock pushed up housing prices. Writes about it Grow.

Photo: Shutterstock

According to the National Association of Home Builders, the median home price in the United States jumped to a record $ 300 in the second quarter of this year, up from $ 000 in the first quarter. Higher house prices and lower incomes due to the pandemic mean that only about 280% of homes sold in the second quarter were considered affordable for families earning a median income of $ 000.

But the real estate market is not so scary everywhere for buyers. If you are looking to buy a home and can move, you might want to consider one of the following cities. According to the Housing Opportunity Index, these are large urban areas - with a population of at least 500 - where housing is most affordable.

1. Scranton (Pennsylvania)

  • Share of homes available to middle-income people: 89%
  • Average income: $ 66 600.
  • Average selling price: $ 120

2. Harrisburg (Pennsylvania)

  • Share of homes available to middle-income people: 88%
  • Average income: $ 79 000
  • Median home sales price: $ 170

3. Pittsburgh (Pennsylvania)

  • Share of homes available to middle-income people: 87%
  • Average income: $ 77 100
  • Average Selling Price: $ 155

4. St. Louis (Missouri)

  • Share of homes available to middle-income people: 87%
  • Median income: $ 77000
  • Average Selling Price: $ 165

On the subject: The best and worst US cities to buy your first home

5. Wilmington (Delaware)

  • Share of homes available to middle-income people: 87%
  • Average income: $ 84 200
  • Average Selling Price: $ 228

6. Indianapolis (Indiana)

  • Share of homes available to middle-income people: 86%
  • Average income: $ 76 200
  • Average Selling Price: $ 195

7. Toledo (Ohio)

  • Share of homes available to middle-income people: 86%
  • Average income: $ 66 800
  • Average Selling Price: $ 141

8. Albany (New York)

  • Share of homes available to middle-income people: 85%
  • Average income: $ 92 200
  • Average Selling Price: $ 220

9. Syracuse (New York)

  • Share of homes available to middle-income people: 84%
  • Average income: $ 70 400
  • Average Selling Price: $ 145

10. Cincinnati (Ohio)

  • Share of homes available to middle-income people: 84%
  • Average income: $ 80 200
  • Average Selling Price: $ 185
Miscellaneous housing purchase Educational program

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