9 of 10
BACKNEXT
Fourth place: Los Angeles
Fourth place: Los Angeles
This L.A. home sells for $439,000.
Median home price: $320,000
Median income: $63,000
Affordability score: 40.3

Los Angeles boasts an incredible array of single-family home neighborhoods from the astronomically expensive to the down and dirty. Affordability has improved greatly over the past few years, with a full 40% of homes sold there now within the grasp of typical families. That's up from about 3% a few years ago.

This home is located in the eastern part of the city, south of Pasadena. It's a contemporary ranch with an updated kitchen, bamboo floors and lots of glass tile. There's nearly 1,900 square feet of floor space.

Los Angeles is slowly recovering from the housing bust, which hit the town hard. The benefit to all the turmoil is a much better selection of homes for sale at many price points.

For further information: Trulia


NEXT: Fifth place: Santa Ana, Calif.
Last updated November 19 2010: 1:44 PM ET
Million-dollar deals Million-dollar homes are the most affordable they've been in years. Here are 7 smoking deals from around the country. More
2011: Buy a homeLow home prices and super-low mortgage rates make this a great time to be buying. Act soon. More
Buy a wreck Banks don't always fix up repossessed homes before they sell them -- which means some great deals for you. More
  • Find Homes for sale
    Real estate and homes for sale on Trulia

  • Property Type
  • Find a home in:
  • New York | Atlanta | Chicago | Los Angeles
  • Washington D.C | Houston | Philadelphia | More options
Overnight Avg Rate Latest Change Last Week
30 yr fixed3.80%3.88%
15 yr fixed3.20%3.23%
5/1 ARM3.84%3.88%
30 yr refi3.82%3.93%
15 yr refi3.20%3.23%
Rate data provided
by Bankrate.com
View rates in your area
 
Find personalized rates:
Special Offer

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.