By AZBigMedia
With the median home sales price having skyrocketed from $313,000 in the first quarter of 2019 to $416,900 in the first quarter of 2025, the personal-finance website WalletHub today released its report on 2025’s Most Affordable Cities for Home Buyers, as well as expert commentary. In order to determine the most affordable cities to buy a home, WalletHub compared 300 U.S. cities across ten key metrics. The data set ranges from the costs of homes and their maintenance to tax rates and vacancy rates.
Affordability of Phoenix for Home Buyers (1=Most Affordable; 150=Avg.):
136th – Housing Affordability
146th – Maintenance Affordability
17th – Average Cost of Homeowner’s Insurance
147th – Cost of Living
176th – Cost per Square Foot
16th – Real-Estate Tax Rate
167th – Rent-to-Price-Ratio
19th – Median Home-Price Appreciation
147th – Quarterly Active Listings per Capita
155th – Vacancy Rate