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Compare the average price of a home in your favorite retirement city or town to home prices in the nearest big city.
If that retirement city home is less than the big city home (less than 100% on the Bargain Index*), then you may have found yourself a bargain community that is poised for rising home values for the future.
Kingston, New York, Concord, New Hampshire or Casper, Wyoming may be the bargain place you are looking for.
Compare Home Prices to Those in the Nearest | |||||
Large City - 2018 | |||||
(000s) | |||||
Nearest | Nearest | ||||
Current | Large City | Large | Bargain | GPTR | |
City/Town | Home Prices | Home Prices | City | Index* | Rank |
Kingston, NY | $182 | $428 | NYC/North. NJ | 34% | 1 |
Concord, NH | $221 | $491 | Boston | 36% | 2 |
Casper, WY | $211 | $450 | Denver | 38% | 3 |
Pocatello, ID | $165 | $322 | Salt Lake City | 41% | 4 |
Portland, ME | $278 | $491 | Boston | 46% | 5 |
Fond du Lac, WI | $152 | $263 | Milwaukee | 47% | 6 |
Hanover, PA | $175 | $301 | Baltimore | 47% | 6 |
Monterey, CA | $805 | $1,300 | San Jose | 50% | 8 |
Lynchburg, VA | $166 | $268 | Richmond | 50% | 8 |
Winter Haven, FL | $168 | $266 | Orlando | 51% | 10 |
Olympia, WA | $331 | $503 | Seattle | 53% | 11 |
Green Bay, WI | $176 | $263 | Milwaukee | 54% | 12 |
Coos Bay, OR | $203 | $303 | Eugene | 54% | 12 |
Napa, CA | $673 | $989 | San Francisco Bay area | 55% | 14 |
Clarksville, TN | $181 | $263 | Nashville | 56% | 15 |
* Bargain Index = Percentage of the City Average Home Price (adjusted for the statistical diff between | |||||
the average and median) to the Nearest Large City Median Home Price | |||||
GPTR Rank = Lower index is better (may indicate homes selling at bargain prices in the | |||||
profiled city) | |||||
Current Home Prices as of September 2018. Large City Prices as of National Assocation of Realtors | |||||
2018 3rd Quarter Report for U.S. Metropolitan Areas. |
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