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Ypsilanti One Of Least Expensive College Towns for Home Buying
An Inman News article released today listed the top 10 cheapest and top 10 most expensive college towns in the USA.  Michigan had two entries in the least expensive category - Eastern Michigan University in Ypsilanti at number 3 with an average list price of $107,458, and Western Michigan University in Kalamazoo at number 5 with an average market list price of $116,455.
The least expensive college town listed was the University of Memphis, in Tennessee at $89,244. They were also the only town where the average listing price was below $100,000.
Eight of the ten most expensive towns were in the western part of the country, with UCLA (Westwood CA) being tops. The average listing price in that market is $1,271,428.  The bottom of the list for most expensive college towns was Annapolis Maryland, home of the US Naval Academy. Their average list price is $522,420.
I guess that means that East Lansing and Ann Arbor fell somewhere in the middle. Inman News is a Real Estate industry news service.
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