Buying a home in this economy is far from an easy feat, one so famously tough that millennials' eternal renter status has sparked its own genre of memes. Yet amid skyrocketing prices, the old argument of "why not move somewhere more affordable?" has started to lose its punch, with traditionally inexpensive locations like Tampa, Nashville, and even Detroit putting eye-popping price tags on their properties.
From St. Louis to Denver, here are 22 once-affordable American cities that sure aren't now, according to median home price data from Redfin.
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St. Louis, Missouri: $162,000 in May 2019 vs. $235,000 in May 2024
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Nashville, Tennessee: $302,975 in May 2019 vs. $479,945 in May 2024
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Salem, Oregon: $290,000 in May 2019 vs. $454,995 in May 2024
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Richmond, Virginia: $250,000 in May 2019 vs. $424,995 in May 2024
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Detroit, Michigan: $44,000 in 2019 vs. $92,500 in May 2024
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Hartford, Connecticut: $160,000 in May 2019 vs. $315,000 in May 2024
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Greensboro, North Carolina: $178,250 in May 2019 vs. $290,000 in May 2024
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Rochester, New York: $90,000 in May 2019 vs. $140,500 in May 2024
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Indianapolis, Indiana: $164,950 in May 2019 vs.$250,000 in May 2024
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Akron, Ohio: $82,500 in May 2019 vs. $140,000 in May 2024
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Boise, Idaho: $335,000 in May 2019 vs. $538,700 in May 2024
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El Paso, Texas: $161,150 in May 2019 vs. $256,000 in May 2024
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Denver, Colorado: $460,000 in May 2019 vs. $618,500 in May 2024
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Charlotte, North Carolina: $267,500 in May 2019 vs. $428,000 in May 2024
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Columbus, Ohio: $185,000 in May 2019 vs. $290,000 in May 2024
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Aurora, Colorado: $350,000 in May 2019 vs. $482,500 in May 2024
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Tampa, Florida: $259,900 in May 2019 vs. $460,000 in May 2024
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Omaha, Nebraska: $192,000 in May 2019 vs. $275,000 in May 2024
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Fort Collins, Colorado: $401,500 in May 2019 vs. $580,000 in May 2024
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Jacksonville, Florida: $200,000 in May 2019 vs. $315,000 in May 2024
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Raleigh, North Carolina: $262,000 in May 2019 vs. $437,500 in May 2024
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Meridian, Idaho: $337,990 in May 2019 vs. $556,370 in May 2024
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