If you’re looking to buy a home , you may want to consider metro areas in the Midwest or South where home prices are significantly cheaper than in the Northeast and West.
According to the National Association of Realtors , the median home prices for each geographical area are as follows:
Midwest: $175,500
South: $196,400
Northeast: $262,500
West: $319,100
« The higher the cone rising out of the map, the greater the salary needed to buy a home, » Howmuch.net explains. The map is also color-coded: Darker green signifies lower median home prices, while darker red signifies higher median home prices.
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