Seniors and Baby Boomers are looking for ways to live cheaply but at what cost? According to a new survey by Coldwell Banker, looks like they’ll be heading to the Midwest. According to the survey, the top five most affordable markets for single family, 2 bed room homes are:
| Rank | City | State | Median Price |
| 1 | Detroit | MI | $68,007 |
| 2 | Grayling | MI | $84,625 |
| 3 | Sioux City | IA | $85,967 |
| 4 | Cleveland | OH | $87,240 |
| 5 | Muncie | IN | $100,314 |
The most expensive markets: Palo Alto, California and Newport Beach, California at median prices of $1,479,227 and $1,826,348 respectively.
Advertisement
It seems the there’s a premium for mild winters and blue skies when it comes to affordable housing.
For the full details, visit Coldwell Banker’s Most Expensive and Affordable Homes Report
Advertisement
Subscribe
Receive industry updates and breaking news from SHN.