{"id":9461,"date":"2026-04-18T16:00:00","date_gmt":"2026-04-18T23:00:00","guid":{"rendered":"https:\/\/lisamillerpllc.com\/staging\/?p=9461"},"modified":"2026-04-18T16:00:00","modified_gmt":"2026-04-18T23:00:00","slug":"heres-how-much-more-house-you-can-afford-in-30-major-cities-this-year","status":"publish","type":"post","link":"https:\/\/lisamillerpllc.com\/staging\/heres-how-much-more-house-you-can-afford-in-30-major-cities-this-year\/","title":{"rendered":"Here’s How Much More House You Can Afford in 30 Major Cities This Year"},"content":{"rendered":"
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Median-income American households can now afford homes priced at $331,483, a $30,302 increase from last year. This rise in buying power, aided by dropping mortgage rates, suggests a stabilizing housing market. Major cities saw affordability increases around 8.8% to 10.9%, with prices rising from about $274,000 to $581,000 depending on the city, reflecting improved home purchasing capacity nationwide.<\/p>\n

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Median-income American households can now afford homes priced at $331,483, a $30,302 increase from last year. This rise in buying power, aided by dropping mortgage rates, suggests a stabilizing housing market. Major cities saw affordability increases around 8.8% to 10.9%, with prices rising from about $274,000 to $581,000 depending on the city, reflecting improved home […]<\/p>\n","protected":false},"author":1,"featured_media":9462,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[3],"tags":[],"class_list":["post-9461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"jetpack_publicize_connections":[],"jetpack_shortlink":"https:\/\/wp.me\/paOTA9-2sB","jetpack-related-posts":[{"id":8784,"url":"https:\/\/lisamillerpllc.com\/staging\/homebuying-affordability-is-improving-in-these-11-places\/","url_meta":{"origin":9461,"position":0},"title":"Homebuying Affordability Is Improving in These 11 Places","author":"admin","date":"September 19, 2025","format":false,"excerpt":"The income needed to afford a typical U.S. home is $112,131, slightly up from last year, but has fallen in 11 major metros, mostly Sun Belt cities, due to declining home prices and increased inventory. Meanwhile, affordable Midwest metros like Detroit and Cleveland see rising income requirements as prices climb.\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8998,"url":"https:\/\/lisamillerpllc.com\/staging\/phoenix-housing-market-outpaces-national-trends-again-in-2025\/","url_meta":{"origin":9461,"position":1},"title":"Phoenix housing market outpaces national trends again in 2025","author":"admin","date":"December 12, 2025","format":false,"excerpt":"Single-family home sales in Greater Phoenix rose 3.8% year-to-date, outperforming national trends with nearly 52,000 homes sold. New listings increased 8%, pending sales slightly up, and median home price rose 0.4% to $480,000. Housing affordability improved, with 71% of households able to afford median homes. Inventory grew 19.2%, averaging 4.4\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8578,"url":"https:\/\/lisamillerpllc.com\/staging\/buying-vs-renting-in-phoenix-income-gap-keeps-growing\/","url_meta":{"origin":9461,"position":2},"title":"Buying vs. Renting in Phoenix: Income Gap Keeps Growing","author":"admin","date":"July 7, 2025","format":false,"excerpt":"A recent analysis shows US homebuyers now need to earn ~$116K, 82% more than renters, to afford a median-priced home. The affordability gap has quadrupled since 2021, driven by rising home prices and mortgage rates, while rents remain mostly flat. The income gap is especially stark in cities like Phoenix,\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2025\/07\/renting-buying-phoenix_share.jpg?fit=496%2C279&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":8804,"url":"https:\/\/lisamillerpllc.com\/staging\/buyers-gain-leverage-in-phoenix-residential-real-estate-market\/","url_meta":{"origin":9461,"position":3},"title":"Buyers gain leverage in Phoenix residential real estate market","author":"admin","date":"September 27, 2025","format":false,"excerpt":"Phoenix's residential real estate showed mixed results in July 2025. Closed sales rose 1.8% year-to-date, while pending sales dropped sharply, hitting the lowest level since 2007. Median home prices slightly declined to $470,000 but rose 0.4% year-to-date. Inventory increased, offering more choices for buyers. Days on market grew, with some\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9765,"url":"https:\/\/lisamillerpllc.com\/staging\/cities-with-the-most-expensive-homes-in-arizona\/","url_meta":{"origin":9461,"position":4},"title":"Cities with the most expensive homes in Arizona","author":"admin","date":"July 10, 2026","format":false,"excerpt":"The most expensive homes in Arizona are primarily in the Phoenix-Mesa-Chandler metro area, with Paradise Valley leading at a typical home value of $3.5 million, showing a 12.9% increase over one year and 84.1% over five years. Other high-value cities include Carefree, Cave Creek, and Fort McDowell, all exceeding $1\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/1-3.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/1-3.jpg?fit=1080%2C1080&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/1-3.jpg?fit=1080%2C1080&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/1-3.jpg?fit=1080%2C1080&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/07\/1-3.jpg?fit=1080%2C1080&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8460,"url":"https:\/\/lisamillerpllc.com\/staging\/cities-with-the-most-expensive-homes-in-the-phoenix-metro-area\/","url_meta":{"origin":9461,"position":5},"title":"Cities with the most expensive homes in the Phoenix metro area","author":"admin","date":"June 8, 2025","format":false,"excerpt":"Paradise Valley, AZ, tops the Phoenix metro area with the most expensive homes, having a typical value of $3.34M and a 10.7% increase in one year. Other costly cities include Carefree ($1.29M), Cave Creek ($1.07M), and Fort McDowell ($1.02M). Home values vary widely, with many cities showing significant 5-year growth\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/lisamillerpllc.com\/staging\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/lisamillerpllc.com\/staging\/wp-content\/uploads\/2026\/04\/1-17.jpg?fit=1080%2C1080&ssl=1","_links":{"self":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/comments?post=9461"}],"version-history":[{"count":1,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9461\/revisions"}],"predecessor-version":[{"id":9463,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/posts\/9461\/revisions\/9463"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/media\/9462"}],"wp:attachment":[{"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/media?parent=9461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/categories?post=9461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lisamillerpllc.com\/staging\/wp-json\/wp\/v2\/tags?post=9461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}