Key Highlights

  • Thousands of urbanites have packed up and moved to suburbs over last nine months
  • New study from com identifies the most affordable suburbs

Realtor.com just released a new study that identifies the most affordable cities in the country that are within 25 miles of the country’s top largest metros. Take a look:

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  1. Sicklerville NJ
    1. 30-minute drive southeast of Philadelphia
    2. Median list price – $282,000
    3. Median income – $89,300
    4. Located in Winslow Township of Camden County with a population of some 53,000 and 10 constituent neighborhoods
    5. Easy access to New Brooklyn County Park and Winslow Fish and Wildlife Management Area
  2. Cedar Hill TX
    1. Located within Dallas and know as “the city in a park”
    2. Median list price – $352,000
    3. Median income – $76,600
    4. Good school system and lots of sunshine
    5. Easy access to Dogwood Canyon Audubon Center and Cedar Hill State Park on Joe Pool Lake
  3. Palos Hills IL
    1. Southwest suburb of Chicago
    2. Median list price – $379,000
    3. Median income – $65,700
    4. Small town of some 17,200 people with lots of restaurants and parks
    5. Attractive to young professionals, young families and retirees
  4. Marietta GA
    1. 25-minute drive to Atlanta
    2. Median list price – $440,000
    3. Median income – $96,500
    4. One of GA’s most populated towns with some 67,000 people
    5. Shops, events, historic downtown, farmers markets and school system with 10/10 rating from GreatSchools
  5. Jersey Village TX
    1. Outside of Houston in west central Harris County and only 7,620 people
    2. Median list price – $447,00
    3. Median income – $85,400
    4. Parks, golf courses, community events
  6. Hanover MA
    1. 30-minute drive to Boston with just 14,000 residents
    2. Median list price – $670,00
    3. Median income – $129.100
    4. “country town” vibe with parks, trails, streams and rivers
    5. Good schools including So Shore Vocational Tech High School
  7. Pine Island ridge-Plantation FL
    1. 35-minute drive to Miami
    2. Median list price – $679,000
    3. Median income – $75,000
    4. Just 5,200 residents with average age of 55 years
    5. Pine Island Ridge Natural Area and Pine Island Ridge Trail
  8. Clark NJ
    1. Township in southern Union County NJ and close to New York City
    2. Median list price – $798,000
    3. Median income – $111,400
    4. Community honors historic moments and has easy access to parks with recreational activities
    5. Highly rated schools
  9. Ashton-Sandy Spring MD
    1. Two neighborhoods of Ashton and Sandy Spring close to Washington DC
    2. Located in Montgomery County with some 5,600 residents
    3. Social and cultural activities plus Adventure Park for zip-lining and rope rigs
  10. Fullerton CA
    1. 30-minute drive to Los Angeles in northern Orange County with population of 139,650
    2. Median list price – $1,155,00
    3. Median income – $109,900
    4. Art galleries and theater group at Muckenthaler Cultural Center
    5. 50 city parks
    6. 10/10 GreatSchools Troy High School

Realtor.com anticipates this “urban-exodus” to continue through the next 18 – 24 months.

 

Thanks to realtor.com and zerohedge.

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