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Couple stable home values with affordability, and it's good to be a buyer in Memphis. Buyers also get a lot of house for their money in Memphis - the median value per square foot is $60. For comparison's sake, the median value per square foot in Honolulu is $405 (granted you get to live in Hawaii, but still!)
5604 Jamestown Ave, Memphis, TN 38115 (below)
ZHVI: ZHVI is $96,000
For sale: $120,000
If you love Colonial Williamsburg, you'll love this home which offers period touches and includes 4 beds, 2 baths and 2,728 square feet of space. Den includes fireplace.
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Home prices compare favorably to incomes in Dayton, and affordable homes mean buying makes more sense than renting. 38 percent of listings had a price cut in April so buyers also have some negotiation room as well.
1443 E 4th St, Dayton, OH 45402 (below)
ZHVI is $91,000
For sale: $119,900
This 2,482-sq ft home in the St. Anne's Historic district has been updated and includes 3 beds and 2 baths. The living room features an antique carved mantle and surround for the gas fireplace. Both the living room and dining room have hardwood floors and wide woodwork.
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