America’s 50 Most Affordable Housing Markets

The most affordable housing markets by state, according to Coldwell Banker’s 2006 Home Price Comparison Index

The 2006 Coldwell Banker Home Price Comparison Index evaluated major metros across the U.S. to determine which were the most affordable -- and which were the most expensive. The homes in the study were all approximately 2,200-square-foot, single-family residences with four bedrooms, two and one-half baths, a family room or equivalent, and a two-car garage. The most affordable market was Minot, N.D., where the average sales price for a home of this description was a very reasonable $132,333. The most expensive market was Beverly Hills, Calif., where the same size house will fetch $1.8 million. Want to find out the most affordable or expensive market in your state — or maybe even think about relocating?

ALASKA



City: Anchorage
Type: Single Family home
Price: $328,000
Beds: 4
Baths: 2
Listing agent: Kara MacDonald, Coldwell Banker Fortune
MLS #: 06-10515

Most Affordable market: Anchorage
2006 Average Sales Price: $303,750

Most Expensive market: Juneau
2006 Average Sales Price: $472,500

Variance: $168,750


ALABAMA



City: Huntsville
Type: Single Family home
Price: $214,900
Beds: 5
Baths: 3
Listing agent: Roy Claytor, Coldwell Banker Premier
MLS #: 207123

Most Affordable market: Huntsville
2006 Average Sales Price: $204,300

Most Expensive market: Mobile
2006 Average Sales Price: $216,109

Variance: $11,809


ARIZONA



City: Mesa
Type: Single Family home
Price: $259,900
Beds: 4
Baths: 3
Listing agent: Carol Shults, Coldwell Banker Residential Brokerage -- Mesa
MLS #: 2547942

Most Affordable market: Mesa
2006 Average Sales Price: $253,600

Most Expensive market: Scottsdale
2006 Average Sales Price: $502,800

Variance: $249,200