The 25 Cheapest Housing Markets In America

SuburbiaFlickr / Ben SyversonA suburban neighborhood in the Midwest, home of some of the more affordable housing markets in the US.

You don't need to move to the middle of nowhere to find a cheap home.

Chances are, you'll probably recognize some of the cities and suburbs that made it onto Coldwell Banker's annual list of most affordable housing markets in the US, like Buffalo, New York, and Cleveland, Ohio.

Every year, the company puts together a Home Listing Report, which ranks the most expensive and most affordable places to live in the US.

The company compared nearly 2,000 markets for the report, looking at the average listing prices of over 51,000 four-bedroom, two-bathroom homes. The national average listing price, they found, was $295,317.

Here are the 25 most affordable markets in the US.

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25. Radcliff, Kentucky

25. Radcliff, Kentucky

Average listing price: $120,765

State average listing price: $197,700

Radcliff has a population of 23,223. 62% of the population has white collar jobs, while 38% has blue collar jobs.

The median age of homes is 19 years. 48% of those homes are owned, 47% are rented, and 5% are not occupied.

Source: Coldwell Banker

24. North Platte, Nebraska

24. North Platte, Nebraska

Average listing price: $120,583

State average listing price: $139,111

North Platte has a population of 24,776. 59% of the population has white collar jobs, while 41% has blue collar jobs.

The median age of homes is 38 years. 55% of those homes are owned, 37% are rented, and 8% are not occupied.

Source: Coldwell Banker

23. Forest Park, Ohio

23. Forest Park, Ohio

Average listing price: $120,247

State average listing price: $204,029

Forest Park has a population of 18,670. 62% of the population has white collar jobs, while 38% has blue collar jobs.

The median age of homes is 29 years. 55% of those homes are owned, 40% are rented, and 6% are not occupied.

Source: Coldwell Banker

22. East Orange, New Jersey

22. East Orange, New Jersey

Average listing price: $120,000

State average listing price: $440,354

East Orange has a population of 64,358. 70% of the population has white collar jobs, while 30% has blue collar jobs.

The median age of homes is 49 years. 22% of those homes are owned, 66% are rented, and 12% are not occupied.

Source: Coldwell Banker

21. Kankakee, Illinois

21. Kankakee, Illinois

Average listing price: $119,180

State average listing price: $302,061

Kankakee has a population of 27,663. 65% of the population has white collar jobs, while 35% has blue collar jobs.

The median age of homes is 48 years. 45% of those homes are owned, 44% are rented, and 11% are not occupied.

Source: Coldwell Banker

20. Waterville, Maine

20. Waterville, Maine

Average listing price: $118,685

State average listing price: $261,635

Waterville has a population of 15,648. 68% of the population has white collar jobs, while 32% has blue collar jobs.

The median age of homes is 53 years. 41% of those homes are owned, 49% are rented, and 10% are not occupied.

Source: Coldwell Banker

19. Scranton, Pennsylvania

19. Scranton, Pennsylvania

Average listing price: $118,424

State average listing price: $272,865

Scranton has a population of 76,831. 63% of the population has white collar jobs, while 37% has blue collar jobs.

The median age of homes is 68 years. 46% of those homes are owned, 44% are rented, and 10% are not occupied.

Source: Coldwell Banker

18. Payette, Idaho

18. Payette, Idaho

Average listing price: $115,510

State average listing price: $248,011

Payette has a population of 7,465. 66% of the population has white collar jobs, while 34% has blue collar jobs.

The median age of homes is 37 years. 56% of those homes are owned, 34% are rented, and 10% are not occupied.

Source: Coldwell Banker

17. Sioux City, Iowa

17. Sioux City, Iowa

Average listing price: $113,295

State average listing price: $245,256

Sioux City has a population of 84,586. 58% of the population has white collar jobs, while 42% has blue collar jobs.

The median age of homes is 47 years. 59% of those homes are owned, 37% are rented, and 4% are not occupied.

Source: Coldwell Banker

16. Geneva, New York

16. Geneva, New York

Average listing price: $113,250

State average listing price: $347,519

Geneva has a population of 13,438. 68% of the population has white collar jobs, while 32% has blue collar jobs.

The median age of homes is 69 years. 42% of those homes are owned, 46% are rented, and 12% are not occupied.

Source: Coldwell Banker

15. Beloit, Wisconsin

15. Beloit, Wisconsin

Average listing price: $113,085

State average listing price: $206,154

Beloit has a population of 37,000. 61% of the population has white collar jobs, while 39% has blue collar jobs.

The median age of homes is 49 years. 51% of those homes are owned, 40% are rented, and 9% are not occupied.

Source: Coldwell Banker

14. Gloversville, New York

14. Gloversville, New York

Average listing price: $111,463

State average listing price: $347,519

Gloversville has a population of 15,968. 70% of the population has white collar jobs, while 30% has blue collar jobs.

The median age of homes is 70 years. 45% of those homes are owned, 39% are rented, and 16% are not occupied.

Source: Coldwell Banker

13. Douglas, Georgia

13. Douglas, Georgia

Average listing price: $110,757

State average listing price: $196,186

Douglas has a population of 11,785. 63% of the population has white collar jobs, while 37% has blue collar jobs.

The median age of homes is 23 years. 47% of those homes are owned, 42% are rented, and 11% are not occupied.

Source: Coldwell Banker

12. Parma / Parma Heights, Ohio

12. Parma / Parma Heights, Ohio

Average listing price: $110,103

State average listing price: $204,029

Parma has a population of 80,435. 61% of the population has white collar jobs, while 39% has blue collar jobs.

The median age of homes is 42 years. 69% of those homes are owned, 27% are rented, and 4% are not occupied.

Source: Coldwell Banker

11. Zion, Illinois

11. Zion, Illinois

Average listing price: $107,276

State average listing price: $302,061

Zion has a population of 24,591. 64% of the population has white collar jobs, while 36% has blue collar jobs.

The median age of homes is 32 years. 53% of those homes are owned, 36% are rented, and 11% are not occupied.

Source: Coldwell Banker

10. Utica, New York

10. Utica, New York

Average listing price: $107,211

State average listing price: $347,519

Utica has a population of 62,678. 64% of the population has white collar jobs, while 36% has blue collar jobs.

The median age of homes is 63 years. 42% of those homes are owned, 48% are rented, and 10% are not occupied.

Source: Coldwell Banker

9. Cheektowaga, New York

9. Cheektowaga, New York

Average listing price: $101,475

State average listing price: $347,519

Cheektowaga has a population of 74,822. 60% of the population has white collar jobs, while 40% has blue collar jobs.

The median age of homes is 41 years. 66% of those homes are owned, 30% are rented, and 5% are not occupied.

Source: Coldwell Banker

8. Augusta, Georgia

8. Augusta, Georgia

Average listing price: $98,233

State average listing price: $196,186

Coldwell Banker does not provide statistics for Augusta, but according to a 2013 estimate from the US Census, the city has a population of 197,350.

The percentage of people who owned their homes in the years from 2008-2012 is 56%.

7. Waukegan, Illinois

7. Waukegan, Illinois

Average listing price: $98,226

State average listing price: $302,061

Waukegan has a population of 89,715. 62% of the population has white collar jobs, while 38% has blue collar jobs.

The median age of homes is 38 years. 48% of those homes are owned, 43% are rented, and 9% are not occupied.

Source: Coldwell Banker

6. Buffalo, New York

6. Buffalo, New York

Average listing price: $97,288

State average listing price: $347,519

Buffalo has a population of 260,005. 67% of the population has white collar jobs, while 33% has blue collar jobs.

The median age of homes is 65 years. 34% of those homes are owned, 52% are rented, and 14% are not occupied.

Source: Coldwell Banker

5. Lithonia, Georgia

5. Lithonia, Georgia

Average listing price: $94,076

State average listing price: $196,186

Lithonia has a population of 1,955. 55% of the population has white collar jobs, while 45% has blue collar jobs.

The median age of homes is 32 years. 45% of those homes are owned, 43% are rented, and 11% are not occupied.

Source: Coldwell Banker

4. Lake Wales, Florida

4. Lake Wales, Florida

Average listing price: $82,330

State average listing price: $240,901

Lake Wales has a population of 14,621. 66% of the population has white collar jobs, while 34% has blue collar jobs.

The median age of homes is 26 years. 48% of those homes are owned, 36% are rented, and 17% are not occupied.

Source: Coldwell Banker

3. Park Forest, Illinois

3. Park Forest, Illinois

Average listing price: $75,647

State average listing price: $302,061

Park Forest has a population of 22,088. 65% of the population has white collar jobs, while 35% has blue collar jobs.

The median age of homes is 44 years. 60% of those homes are owned, 30% are rented, and 10% are not occupied.

Source: Coldwell Banker

2. Riverdale, Georgia

2. Riverdale, Georgia

Average listing price: $68,207

State average listing price: $196,186

Riverdale has a population of 15,178. 68% of the population has white collar jobs, while 32% has blue collar jobs.

The median age of homes is 23 years. 46% of those homes are owned, 46% are rented, and 8% are not occupied.

Source: Coldwell Banker

1. Cleveland, Ohio

1. Cleveland, Ohio

Average listing price: $64,993

State average listing price: $204,029

Cleveland has a population of 391,275. 63% of the population has white collar jobs, while 37% has blue collar jobs.

The median age of homes is 60 years. 35% of those homes are owned, 47% are rented, and 18% are not occupied.

Source: Coldwell Banker

Now that you have an idea where housing is most affordable, find out why these areas might be in high demand ...

Now that you have an idea where housing is most affordable, find out why these areas might be in high demand ...

Millennials Are Thinking About Their Future — And It Might Be In Suburbia >>


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