The East North Central region was hit particularly hard by the recession and its impacts on the auto industry, as evidenced by price-per-square-foot real estate costs in hard-hit cities like Flint, Michigan, and Cleveland, Ohio.
With an average per-square-foot cost of $170, the vibrant college town of Ann Arbor, Michigan, has the highest-priced real estate in the East North Central region — and Chicago suburb Naperville comes in second, with an average per-square-foot cost of $161.
Interestingly, because Naperville’s $104,419 average household income is the highest in America, Naperville’s residents may be better able to afford the higher costs.
See below for a list of the least and most affordable cities in the East North Central region.
Click here to see how the East North Central region compares to other regions and the rest of the country.
Most Expensive Cities to Buy Real Estate (median price per square foot)
- Ann Arbor, MI – $170
- Naperville, IL – $161
- Madison, WI – $145
- Chicago, IL – $144
- Aurora, IL – $137
Most Affordable Cities to Buy Real Estate (median price per square foot)
- Flint, MI – $12
- Cleveland, OH – $45
- Fort Wayne, IN – $66
- Cincinnati, OH – $69
- Milwaukee, WI – $71
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