25 best places for affordable homes

Want to retire near the water, but without paying premium prices for a home? Residents who buy real estate in these towns see their incomes go the furthest.

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5. Westerville, OH
Westerville, OH
Median home price (2007): $184,950
Median family income: $100,385

There's no shortage of charm in Westerville, Ohio's largest suburb. Historic architecture has been preserved in Uptown Westerville, where 19th century homes mingle with bed and breakfasts, mom-and-pop stores, and a weekly farmer's market in the summer. Prefer newer real estate? Two-bedroom condos sell for $160,000 to $399,000. Residents count on two large hospitals as well as plenty of small practices to keep them in good health.

Head to Hoover Reservoir for afternoon sailing or kayaking, or buzz on over to Alum Creek Lake for some water skiing. Landlubbers can admire the scenery at Alum Creek while picnicking, horseback riding, hiking, or just relaxing on the beach.

See complete data on Westerville from Best Places to Live

Homes for sale in Westerville

NEXT: Wadsworth, OH

Last updated September 22 2008: 11:09 AM ET
Source: Home prices, income stats from Onboard Informatics
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