Cleveland News Today | 2 Min News | The Daily News Now!
Housing Affordability: Cleveland and Pittsburgh Lead the Way - Explore the U.S. housing market, where most cities offer unaffordable homes. Cleveland and Pittsburgh stand out as the most affordable, with median prices at $236,900 and $133,000 respectively. The national median price is $414,900, with a ratio of 5.08, far from the ideal 2.5-3.0. San Jose tops the unaffordable list at 11.65. The gap between price and income growth has widened since 1980, making homeownership challenging. Clevelands sales surged 28% in February-March, and homes sell in 31 days.
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