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Affordable Homes Under $500K Are Selling Fastest in These Housing Markets
Affordable homes under $500,000 sell fastest in several Midwest markets, with median days on market well below the national average of 56 days. St. Louis and Detroit lead at 41 days, followed by Kansas City at 42 days. Other fast-selling markets include Sacramento, Columbus, Cleveland, Baltimore, Chicago, Richmond, and Minneapolis, with average home values ranging from about $77,000 to $474,000.