Home Real Estate Here are the three metros where homeownership is still affordable

Here are the three metros where homeownership is still affordable

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Share of Income Spent on Housing Costs by Metro (1)

Here are the three metros where homeownership is still affordable

By: Jeff Andrews | Published: 2025-06-25 22:34:00 | Source: www.housingwire.com

“Detroit has always stood out for its affordability, and even with home prices rising, it remains one of the last major markets where median-income buyers still have a real shot at homeownership,” Anthony Djon, founder of Anthony Djon Luxury Real Estate, said in a statement.

“That said, demand is picking up fast — especially in the lower price points. First-time buyers are moving with urgency because they know the window to buy affordably is narrowing.”

The metros where households are estimated to spend the most on housing are the usual suspects. But the hard numbers reflect just how difficult it’s become for median-income earners to afford homeownership in these places.

In Los Angeles, a household making the median income would need to spend more than double…

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