Springs has most affordable homes in state

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Colorado Springs has the most affordable homes in the state, and Boulder has the most expensive, according to analysis from Coldwell Banker.
Home sales prices in Colorado Springs last year averaged $197,500 compared to Boulder’s average of $615,000.
Coldwell Banker identified the most expensive and most affordable cities in each of the 50 states.
Not surprising, Beverly Hills qualified as California’s – and the nation’s – most expensive city for home prices. A 2,200-square-foot, 4-bedroom, 2 1/2 bath home in the celebrity mecca would cost $2.1 million.
On the other hand, a similar sized home in Killeen, Texas, home to Fort Hood Army Base, would cost $136,725.
Also, the survey found that six of the most affordable cities out of 317 U.S. markets are home to or nearby major military bases.

Home Price Comparison 2007
What are the most expensive and most affordable cities in the U.S.?
ALASKA Juneau $465,000 Anchorage $340,302
ALABAMA Mobile $232,375 Huntsville $212,183
ARIZONA Scottsdale $525,667 Mesa $257,467
ARKANSAS Fayetteville $252,950 Fort Smith $183,950
CALIFORNIA Beverly Hills $2,206,883 Sacramento $380,625
CONNECTICUT Greenwich $2,018,750 West Hartford $365,000
FLORIDA Key West $929,818 Port Charlotte $239,100
GEORGIA Atlanta $324,000 Macon $165,440
HAWAII Kihei, Maui $963,000 Honolulu $843,750
IDAHO Boise $250,400 Coeur d’Alene $250,370
ILLINOIS Chicago $732,333 Rockford $199,875
INDIANA Munster $341,667 Muncie $150,000
IOWA Des Moines $260,275 Sioux City $184,000
KANSAS Lawrence $232,300 Topeka $150,075
KENTUCKY Louisville $238,000 Florence $209,579
LOUISIANA New Orleans $310,875 Shreveport $225,750
MAINE Portland $354,000 Augusta $157,400
MARYLAND Bethesda $950,000 Hagerstown $316,450
MASSACHUSETTS Boston $1,381,250 Worcester $286,000
MICHIGAN Ann Arbor $303,750 Grayling $155,000
MINNESOTA Edina $434,975 Rochester $211,329
MISSISSIPPI Jackson $244,000 Tupelo $179,125
MISSOURI Kansas City $238,875 Springfield $189,650
MONTANA Bozeman $341,212 Billings $168,542
NEBRASKA Norfolk $212,250 North Platte $195,762
NEVADA Reno $384,500 Las Vegas $362,188
NEW HAMPSHIRE Hanover $496,000 Portsmouth $283,000
NEW JERSEY Ridgewood $1,006,250 Cherry Hill $287,167
NEW MEXICO Santa Fe $640,062 Albuquerque $317,319
NEW YORK Katonah $904,750 Binghamton $193,382
NORTH CAROLINA Wilmington $339,082 Greensboro $182,178
NORTH DAKOTA Fargo $217,890 Minot $139,033
OHIO Cincinnati $250,530 Canton $146,333
OKLAHOMA Oklahoma City $193,750 Tulsa $153,750
OREGON Medford $433,250 Salem $311,567
PENNSYLVANIA Philadelphia $515,225 Erie $205,475
SOUTH CAROLINA Charleston $389,750 Columbia $198,967
TENNESSEE Nashville $238,333 Memphis $191,936
TEXAS Dallas $302,198 Killeen $136,725
UTAH Salt Lake City $408,125 Provo $363,975
VERMONT Burlington $373,475 Rutland $291,718
VIRGINIA Alexandria $771,500 Lynchburg $275,269
WASHINGTON Bellevue $763,667 Tri-Cities $228,988
WEST VIRGINIA Charleston $176,625 Parkersburg $164,333
WISCONSIN Milwaukee $324,750 Eau Claire $158,650
Wilmington, Dela. ($414,500), Providence, R.I. ($483,333), Rapid City, S.D. ($197,600) and Cheyenne, Wyo. ($225,956) were the most affordable and least affordable cities in their states.

2 Responses to Springs has most affordable homes in state

  1. Agree, that’s why we moved here in 2005, great prices, great homes, great climate, nice people. Our full story is at: http://www.city-data.com/forum/colorado-springs/1220-why-choose-colorado-springs.html
    s/Mike from back east
    and I ain’t going back

    Anonymous
    September 28, 2007 at 3:29 pm

  2. Glad I don’t live in SoCal anymore.

    Anonymous
    September 28, 2007 at 3:44 pm