Arlington Ranks Sixth on Most Affordable Homes List

Coldwell Banker's affordable home rankings put Arlington in the top 10

By Greg Janda
|  Thursday, Sep 24, 2009  |  Updated 7:01 PM CDT
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Arlington Ranks Sixth on Most Affordable Homes List

AP

Coldwell Banker's rankings put Arlington as the only Texas town in the top ten for most affordable homes in the US.

Coldwell Banker's rankings put Arlington as the only Texas town in the top 10 for most affordable homes in the United States.

The rankings make an "apples-to-apples" comparison between four-bedroom, two-and-a-half bath homes across the nation.

Grayling, Mich., took the top spot with an average 2009 sales price of $112,675. Arlington placed sixth with an average 2009 sales price of $138,775.

On the other end of the spectrum, San Francisco was the sixth most expensive, with an average sales price of $1,363,250 while La Jolla, Calif., came in as the most expensive place, with an average 2009 sales price of $2,125,000.

Overall, the study concluded consumers can buy a 2,200-square-foot, four-bedroom home for less than $200,000 in more than 80 U.S. markets, including Arlington.

Here's how other North Texas towns in the survey stacked up:

  • Arlington - $138,775
  • Dallas - $332,375
  • Fort Worth - $153,450
  • Plano - $216,250

To see more data on other cities in the survey, click here.

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