""The Midwest cities with the highest rates of homeownership under age 35 include Omaha, Grand Rapids, Des Moines, and others, showcasing the region's appeal to young buyers.""
""Median home prices in many Midwest cities hover around $200,000 to $275,000, while the national median has crossed $400,000, leading to substantial savings for homeowners.""
Housing costs in the Midwest are at least 30% lower than in major coastal cities, making it an attractive option for young homeowners. Seven of the ten most accessible metros for young buyers are located in the Midwest, with cities like Grand Rapids and Des Moines leading in homeownership rates under age 35. Many Midwest cities have median home prices between $200,000 and $275,000, significantly lower than the national median of over $400,000. This affordability is drawing Gen Z buyers away from coastal areas, especially as remote work becomes more common.
Read at Fortune
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