Trulia crosses zip codes in the country’s largest 50 metro areas with median home value and median income to compile its list of where are the priciest and most affordable homes.
No surprise that San Francisco, San Jose, Los Angeles, San Diego, Portland, Ore., Miami, and Tampa lack a single zip code in which 100% of homes could be deemed affordable by a typical buyer. But Trulia asserts that affordability is more common than not. It found twice as many zip codes where all homes are affordable and nine cities where the share of zip codes with 100% of homes were ranked affordable was in the double-digits. Pittsburgh, Columbus, Ohio, St. Louis, Kansas, City, Mo., and Indianapolis had the largest share of completely affordable neighborhoods.
Advertisement
Related Stories
Housing Policy + Finance
The Garden State Takes a New Approach to Expanding Affordable Housing
Recent legislation in New Jersey could provide inspiration for eliminating affordable housing hurdles in other places with strong housing markets
Affordability
Will NAR's Landmark Commissions Settlement Lower Housing Costs?
The $418 million deal changes long-standing rules—written and unwritten—that consumers claim inflated sales commissions for home sellers, including new-home builders
Government + Policy
Biden's Proposed Fixes for Housing Affordability
In his State of the Union address, President Biden proposed several actions to improve housing affordability and supply