Special Report

Least Expensive Metro Area to Buy a Home in Every State

Methodology

To determine the most affordable metro to buy a home in every state, 24/7 Wall St. reviewed one-year estimates of median owner-occupied home values from the U.S. Census Bureau’s 2019 American Community Survey.

We used the 384 metropolitan statistical areas as delineated by the United States Office of Management and Budget and used by the Census Bureau as our definition of metros.

Metros were ranked within their state based on their owner-occupied median home values. To break ties, we used median monthly housing costs with a mortgage. Since many metros cross state lines, the metro was assigned to the state of its first-listed principal city. Thus, the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area was excluded as it is principally in the District of Columbia.

Additional information on median monthly housing costs with a mortgage, the share of owner-occupied housing units that have a mortgage, rates of homeownership, and median household income are also one-year estimates from the 2019 ACS.

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