Area homes remain affordable [Central Illinois]
Central Illinois remains one of the most affordable regions in the country to buy a home.
According to Zillow.com, a Seattle-based online real estate service, the Peoria-Pekin area was listed as one of the top five least expensive metropolitan areas in the United States with a rating of $91,984 for the fourth quarter of 2006, a median home value based on all area homes – not just those sold.
Only the Quad Cities registered lower at $86,201 in the company’s listing of 76 select U.S. markets.
The San Francisco metro area was listed with a price of $684,459 with Honolulu at $626,452 and the Los Angeles area at $545,409.