Cities that are best for homebuyers have healthy housing markets and good affordability compared to local incomes, Business Insider reports.
So, where are the best places to buy a house? Per WalletHub, the answer is about more than square footage and architectural style — it's also about how healthy the local housing market is and whether people living there can actually afford to buy homes.
To answer this question, the personal finance website compared 300 US cities of various sizes across two key categories: their local real-estate market and their affordability and economic environment. It evaluated 23 metrics within these larger categories, from median home-price appreciation and home sales turnover rate to job growth and foreclosure rates.
Texas took over the list — seven cities in the state dominate the top 15.
Boise, Idaho ranked first in the top 15, with a median home value of $301,500. It was followed by Frisco, Texas; Overland Park, Kan.; Cary, N.C.; and Denton, Texas.
