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Newark #10? Idc how close it is to nyc that can’t be right
I think its fair to assume the greater area of each city is being used. ie for Newark, Essex, Union, maybe some other counties like Somerset, Middlesex, Passaic and Bergen.
Very true. I'm biased for sure, but I continue to believe that the Philly 'burbs continue to be without a doubt the best "bang for your buck" in the US.
To get to the crux of your question: yes, there's a wide gulf in price points in Philly. In/around most of gentrified Center City you'll find pricing that's much closer to Boston, for example, although still around 20-30% less expensive among top tier neighborhoods.
The lowest 25% tier of the city is where you'll find the most destitute real estate, and certainly that does drag down the citywide average, but there's still a good number of neighborhoods where you'll find stable and desirable blocks (in South Philly, towards Northwest Philly, and parts of West Philly) with homes that would easily double in cost in NYC, Boston or DC.
I would say Baltimore is in the same boat.
Compare to DC, where a rowhouse in a nice area like Capitol Hill or Georgetown can be in millions, a rowhouse in Locust Point/Riverside/Federal Hill or Lower Fells Point/Canton at 400k-500k or so is cheap, but it's still expensive compare to Sunbelt where you can get a SFH in a good school district for the same price.
You then have those 100k-ish rowhouses in the middle of a destitute neighborhood that may not be even structurally sound that brings the city-wide average way down for things to be "affordable".
The US average home price is 339K. Las Vegas is at an average of 392K and Henderson is at 439K, so how in the world are they considered among the "most affordable"?
The US average home price is 339K. Las Vegas is at an average of 392K and Henderson is at 439K, so how in the world are they considered among the "most affordable"?
1) Wausau Wisconsin
2) Lafayette Indiana
3) Columbia Missouri
4) Grand Forks, North Dakota
5) Morgantown West Virginia
6) Banger Maine
7) Pittsburgh Pennsylvania
8) Chambersburg Pennsylvania
9) Syracuse New York
10) Lansing Michigan
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