According to GoBankingRates.com, YES…in the cities listed below.
GoBankingRates.com looked at median list prices according to Zillow and the year-to-year changes in median household incomes. As a barometer, GoGankingRates.com determined that the median household income in the US in January 2019 was $57,652 and that the median list price was $275,000.
Greenville SC
y/y income change was +8.0%
– y/y home price change was -1.8%
- median list price – $264,950
- median sold price – $175,300
Provo UT
- y/y income change was +4.0% – average income – $44,312
- y/y home price change was -3.0%
- most affordable neighborhood – Rimy Creek
- homes listed for $210,000 according to Realtor.com
Pembroke Pines FLA
- y/y income change was +4.9% – average income $65,805
- y/y home price change was -1.0%
- median sold price – $287,500
High Point NC
- y/y income change was +3.0% – average income of $44,642
- y/y home price change was -3.4%
- median sold price – $130,00
Thornton CO
- y/y income change was +5.9%
- y/y home price change was -1.1%
- balanced market with plenty of buyers and sellers
- DOM 57 days according to Realtor.com
McKinney TX
- y/y income change was +5.2% – median income $87,608
- y/y home price change was -3.1%
- median list price – $376,990 BUT, as of 12/2018, homes are selling for -40.54% below asking price according to Realtor.com
St. Petersburg FLA
- y/y income change was +5.1%
- y/y home price change was -2.1%
- currently sellers’ market, according to Realtor.com, but homes selling below list price
Marietta GA
- y/y income change was +5.8%
- y/y home price change was -1.5%
- median list price of $344,900
- median sold price of $271,600
Irving TX
- y/y income change was +6.1%
- y/y home price change was -1.4%
- median list price of $259,800
- BUT!!! Houses selling for +$100,000 LESS
Albany NY
- y/y income change was +3.4%
- y/y home price change was -4.7%
- median list price of $165,450 – homes selling for -2.2% below list
Charleston SC
- y/y income change was +6.5%
- y/y home price change was -0.3%
- median list price of $379,000
- median sold price of $291,100
Raleigh NC
- y/y income change was +4.9% – average income $61,505
- y/y home price change was -4.3%
- median sold price of $251,300 – $79,000 less than list price
- com named Raleigh one of best cities for aspirational Millennials
Denver CO
- y/y income change was +6.8% – median income $60,098
- y/y home price change was -2.1%
- median list price of $459,900
- Zillow says market leaning towards sellers
Alexandria VA
- y/y income change was +4.7% – median income $93,370
- y/y home price change was -3.6%
- currently a seller’s market according to Realtor.com
- watch this market with Amazon moving in
Cypress TX
- y/y income change was +7.0% – average income $90,345
- y/y home price change was -1.2%
- currently buyer’s market according to Realtor.com
Nashville TN
- y/y income change was +5.9%
- y/y home price change was -8.3%
- median sold price or $271,900, -$48,000 less than list price
- watch this market with Amazon moving in
Annapolis MD
- y/y income change was +9.4%***
- y/y home price change was -5.0%
- highest median incomes and highest median list prices BUT sold prices were nearly -$100,000 below list
