Affordable Starter Homes in 15 Major U.S. Cities Under $230,000
TL;DR Summary
A recent analysis by Five Star Painting has identified 15 major U.S. cities where starter homes can be found for under $230,000, on average. These cities include Detroit, Cleveland, Memphis, Milwaukee, St. Louis, Hartford, Birmingham, Buffalo, Kansas City, Louisville, Baltimore, Indianapolis, Pittsburgh, Cincinnati, and Oklahoma City. Factors contributing to lower home prices in some of these cities include declining populations and a higher number of distressed home sales. In contrast, San Francisco remains the least affordable place to become a homeowner, with starter homes costing a median of $999,000.
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