Nicholasville KY Named Number 1 Small City for Affordable Homes

By
Real Estate Agent with United Real Estate Lexington

The August edition of Money Magazine heralds good news for residents of Nicholasville Kentucky -- their city has been ranked number 1 among small cities for housing affordability.

The magazine analyized sales data from home sales within Nicholasville city limits and "only towns where there were more than 100 home sales in 2007 and that were experiencing job and population growth were considered" according to the magazine. 

Here's a complete list of the small cities analyzed and the median prices of homes in those cities:

Rank, City, Median home sale price 2007

1 Nicholasville $70,000

2 Watauga, Texas $117,040

3 Redan, Ga. $115,000

4 Franklin, Ind. $103,000

5 Clay, N.Y. $124,000

6 Plainfield, Ind. $124,000

7 Marion, Iowa $131,500

8 Omaha, Neb. $113,000

9 Clinton, Mich. $132,318

10 Bellevue, Neb. $120,000

11 Russellville, Ark. $85,000

12 Mission Bend, Texas $133,000

13 Arnold, Mo. $119,600

14 Des Moines, Iowa $105,000

15 Spring, Texas $131,005

16 Lake Jackson, Texas $149,426

17 Janesville, Wis. $124,700

18 Beavercreek, Ohio $168,000

19 Atascocita, Texas $171,462

20 West Des Moines, Iowa $161,500

21 Pearl, Miss. $100,000

22 La Porte, Texas $136,990

23 Westerville, Ohio $184,950

24 La Vergne, Tenn. $127,000

25 Papillion, Neb. $169,000

SOURCE: http://money.cnn.com/magazines/moneymag/bplive/2008/top25s/housing/

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Sharon Roark

Realtor Extraordinaire in Lexington KY
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