Friday, September 12, 2008

Columbus is affordable

I was reading an interesting article from Business First of Columbus called "Study: Columbus and Midwest more Affordable than National Average." The study compared 4 bedroom, 2 1/2 bathroom 2,200 square foot houses across the country. At an average price of $236,924, Columbus is the second highest market in Ohio, second to Cincinnati with an average price of $243,583. Akron and Canton each had averages between $135,000 to $140,000. The Midwest had 8 out of 10 most affordable markets, while California had 8 out of 10 most expensive with the highest in La Jolla with an average of $1.84 million. The nationwide average of the 315 metropolitan areas studied is $403,738.

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