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Indianapolis Tops CNN's List of Affordable Housing Markets

Topic: Indianapolis In the News

Posted: Sat, Feb 24, 2007

From CNN's Money section: "Indianapolis was, once again, the most affordable major housing market in the United States. The median home sold there, already low at $122,000 during the previous quarter, fell to $113,000 during the last three months of the year. With a median income of $65,000, 89 percent of the homes sold were affordable to the average family."

Comments

1. Feb 28, 07 08:31 PM | Jay said:

Wow !

I don't mean to be frugal (potentially a sin in the US these days) but low-cost housing IS a good thing.

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