For the ninth time in a row, Indianapolis has been ranked as the most affordable housing market by the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), released this week. Over 87% of homes sold in the Indianapolis area were considered affordable to families earning the area’s median income.
In addition to our very affordable big city, Indiana is also home to the most affordable smaller metro area. Kokomo, Indiana tops the list with over 90% of the homes being sold within reach for the families who earn the area’s median income.
For more info on this study, you can check out the National Association of Home Builders website.