Verkkomedian annual wage across all occupations:
$46,290 (1. 4% lower than median wage in michigan) median size of a listed home in july 2024:
With a median sales price of $327,100—a whopping $125,000 below the national average.
And many jumped to purchase homes with more.
Verkkohowever, at 20% down, the credit would cover the down payment for a home only up to $125,000, a price range that is virtually nonexistent aside from.
You can buy most homes in these 23 cities for under $125,000.
Sean pavone / istock via getty images.