Number 10 is Virginia City, VA where the median price of a home is $256,000 and unemployment is five percent. Minneapolis ranks number nine with a median home price of $294,000 and an unemployment rate of 3.9 percent. Dayton, Ohio is in the eighth spot with a median home price of $115,000 and unemployment standing at 5.2 percent.
Ranked number seven is Baton Rouge, Louisiana, which registers a median home price of $217,000 and unemployment of 4.8 percent, below the national average. Harrisburg, Pennsylvania occupies the sixth spot, where the median price of a home is $168,000 and unemployment is 4.2 percent, also below the nation’s average. Number five is Albany, New York, with a median home price of $238,000 and unemployment standing at 4.5 percent.
Allentown, PA sports the fourth spot. It shows a median home price of $188,000 and unemployment of five percent. Number three is St. Louis, Missouri, which has median home price of $164,000 and unemployment standing at 5.2 percent. Number two is Philadelphia, PA, the sixth largest (by population) city in the nation which has a median home price of $222,000 and unemployment of 4.8 percent.
The number one city for first-time homebuyers is Portland, Maine with a median home price of $304,000 and unemployment of 3.3 percent. ##
(Photo credit: housingwire— coast of Maine)
Article submitted by Matthew J> Silver to Daily Business News-MHProNews.
