10 Cities Where It's Cheapest to Buy

10 Cities Where It's Cheapest to Buy
You can find a lot of housing deals in the Midwest. The region boasted the most number of cities to make it to the top of the list where median list prices for March were the lowest.

Nationally, the median list price for March was $199,500, which is down 0.25 percent year-over-year.

But in markets like Detroit, the median list price is less than half the national average.

Here is a list of the cities with the lowest median list price in March, based on housing data of 146 markets from Realtor.com.

Detroit
Median list price: $99,000
*Down 13.84 percent year-over-year
Median days on the market: 101

Fort Wayne, Indiana
Median list price: $109,900
*Up 0.92 percent year-over-year
Median days on the market: 126

Dayton-Springfield, Ohio
Median list price: $109,900
*Down 2.66 percent year-over-year
Median days on the market: 150

Toledo, Ohio
Median list price: $114,900
*No change in year-over-year
Median days on the market: 164

South Bend, Ind.
Median list price: $115,000
*Down 0.78 percent year-over-year
Median days on the market: 170

Springfield, Ill.
Median list price: $124,900
*Up 0.73 percent year-over-year
Median days on the market: 113

Akron, Ohio
Median list price: $130,440
*Down 6.82 percent year-over-year
Median days on the market: 162

Cleveland-Lorain-Elyria, Ohio
Median list price: $134,900
*Down 2.95 percent year-over-year
Median days on the market: 162

Las Vegas
Median list price: $134,900
*Down 9.46 percent year-over-year
Median days on the market: 120

Wichita, Kans.
Median list price: $135,000
*Down 1.24 percent year-over-year
Median days on the market: 107

Source: REALTOR® Magazine online (April 28, 2011)

If you would like expert advise and representation in your next move, please contact me.

Suzanne O'Brien
(313) 516-6644
suzanneo@realestateone.com