5 Least Affordable Metros for Homebuyers in the US

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1. Los Angeles, California

Household Income Required to Afford a Home: 76.4%

Time Period Needed to Save for 20% Down Payment: 19.8 Years

Average Home Value: $935,801

Los Angeles ranks at the top of the 20 least affordable metros for homebuyers in the US. The share of monthly household income required to pay the typical mortgage in the city is one of the highest among other metros and was recorded at 76.4%.

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