Irondequoit Tops for First-Time Homebuyers Seeking Price Growth; Grand Rapids, Cheektowaga Also Strong Options
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Top markets for first-time homebuyers based on price, commute time, housing inventory, growth potential, culture, and young demographic. Irondequoit, NY tops for price growth forecast.
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Median US home price is $382,230. Prices expected to fall 1.7% in 2022. Average price-to-income ratio is 5.4.
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Grand Rapids, MI has median home price of $260,000. Average commute just 21 minutes. 9.5% of homeowners aged 25-34.
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Cheektowaga, NY median price $199,000. Tops list for culture/lifestyle businesses per household.
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Council Bluffs, IA median price $200,000. 37.6 listings per 1,000 households. 21 minute average commute.