Redfin real estate expert tells me it’s a seller’s market now
An Affordability Grade of "C" means someone making the median income can afford the median priced home.
The Paycheck Power Rating is the percent the median income exceeds or falls short of the income required for a median priced home.
City
Affordability
Grade
Paycheck Power Rating
Atlanta
A
40.00%
Baltimore
C
7.61%
Boston
D
11.62%
Chicago
C
2.60%
Dallas
C
6.68%
Denver
C
4.34%
Detroit
A
45.32%
Houston
C
5.20%
Los Angeles
D-
12.52%
Miami
D-
12.59%
Milwaukee
D+
2.94%
Minneapolis
A-
32.20%
New York
F
29.71%
Philadelphia
C
2.89%
Phoenix
B+
23.67%
Pittsburgh
C+
13.64%
Portland
C-
0.39%
Sacramento
B-
15.68%
St. Louis
B+
23.49%
San Antonio
C-
0.55%
San Diego
F
25.90%
San Francisco
F
32.76%
Seattle
C-
0.63%
Tampa
D+
3.03%
Washington
C+
14.38%