Home prices below national median

By design, 22 of the 25 places on Forbes’ new list have median home prices at or below the national median. The article notes that since 2020, the median price of single-family homes nationwide has jumped 50% to $404,000, according to the National Association of Realtors.

Four that made the list—Iowa City, Iowa; Lincoln, Neb.; Pittsburgh, Pa.; and San Antonio, Texas—are under $300,000. Only three honorees have a median home price above the national one, with the most expensive being Raleigh, N.C., at $440,000, 9% above the national median. The next highest, college town and state capital Madison, Wis., weighs in at $408,000, just 1% above the national median, while new-to-the-list Pasco, Wash., is $406,000.

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