Median home prices near me – ouch

The median home price in San Jose, the nearest big city, is $1M.  That’s way more than LA, NY, and even SF.  It’s the highest in the US.  How can young families afford it?  They can’t of course.  And rents are likewise sky-high.

This article in Kiplinger lists the median home prices for the top 100 US metro areas.  Even the median price, $800K, in the little burg I’m near, Santa Cruz, is a lot higher than anywhere else in the US.  This 950 sq ft home in Santa Cruz recently sold for a little over $800K, the median price in Santa Cruz.  In my hometown of Garden City, MI, it would be around $80K, a tenth of Santa Cruz.  I’m speechless.136 Wendell St, SANTA CRUZ, CA 95060

 

 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s