10 American cities where homes cost less than a car


Housing is expensive (in many cities) but I wanted to show 10 cities in the US where you could buy a house for less than a car!

In reverse order, here’s the list and the city’s median price for a home. 

10. Port Richey, Florida: $59,900
9. Holiday, Florida: $59,900
8. Youngstown, Ohio: $57,550
7. Dearborn Heights, Michigan: $55,000
6. Whiting, New Jersey: $52,450
5. Warren, Michigan: $49,900
4. Redford, Michigan: $40,000
3. Gary, Indiana: $39,900
2. Flint, Michigan: $31,950
1. Detroit, Michigan: $21,000

Source: http://247wallst.com/2012/07/20/cities-where-homes-cost-less-than-a-car/3/

Anyone looking to move to Detroit?

 
Profile imageAuthor: Steven Zussino on July 31st, 2012

Steven Zussino is the co-founder of Grocery Alerts Canada. He loves to help Canadians save money on groceries. He also runs the blog, CanadianPersonalFinance.com.
 

2 Responses to “10 American cities where homes cost less than a car”

  1. Wow….I knew things were low in Michigan, but not THAT low.

    Mark

    August 1, 2012 at 12:56 am Reply
  2. That is crazy! What a dream to buy a home CASH, with what is usually a down payment!

    August 7, 2012 at 9:57 pm Reply

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