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Click here for a table containing affordability data for all 50 metros analyzed.
The most affordable metros in the nation during the second quarter included St. Louis and Pittsburgh, where homes were listed at 3.5 times first-time buyer income; Cleveland (3.6); Buffalo, New York (3.8); Hartford, Connecticut (3.9); and Baltimore (3.9).
Five California metro areas have shared the least-affordable spots in our analysis for the past year, and Los Angeles always tops this list. In Q2, homes in Los Angeles were listed at 13 times typical first-time buyer income, followed by San Diego (9.2), San Jose (8.4), San Francisco (7.6) and Sacramento (7.5).
First-Time Home Buyer Metro Affordability Report – Q2 2021 - NerdWallet
The most affordable metros in the nation during the second quarter included St. Louis and Pittsburgh, where homes were listed at 3.5 times first-time buyer income; Cleveland (3.6); Buffalo, New York (3.8); Hartford, Connecticut (3.9); and Baltimore (3.9).
Five California metro areas have shared the least-affordable spots in our analysis for the past year, and Los Angeles always tops this list. In Q2, homes in Los Angeles were listed at 13 times typical first-time buyer income, followed by San Diego (9.2), San Jose (8.4), San Francisco (7.6) and Sacramento (7.5).
First-Time Home Buyer Metro Affordability Report – Q2 2021 - NerdWallet