Posted May 25, 2018, 3:50 PM
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devout Pizzatarian
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Join Date: Jul 2001
Location: Lincoln Square, Chicago
Posts: 29,759
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Redfin: 25 Neighborhoods that “Have It All”
i know we chicagoans probably sound like a broken record when we go on and on about our city's remarkably high urbanism : cost ratio, but here's some more data, however grossly over-simplified it might be. 13 of the 25 neighborhoods listed below are in chicago.
Quote:
25 Neighborhoods that “Have It All”: Affordable Homes, Highly Rated Schools, An Easy Commute AND Plenty of Inventory:
1. Dunning (Chicago, IL)
2. Ashburn (Chicago, IL)
3. Squirrel Hill (Pittsburgh, PA)
4. Jefferson Park (Chicago, IL)
5. Elmwood Park (Chicago, IL)
6. Oak Park (Oak Park, IL)
7. Wrigleyville (Chicago, IL)
8. West Ridge (Chicago, IL)
9. North Park (Chicago, IL)
10. Evanston (Evanston, IL)
11. Edgewater (Chicago, IL)
12. Campustown (Urbana, IL)
13. Independence Heights (Houston, TX)
14. Andersonville (Chicago, IL)
15. Lincoln Square (Chicago, IL)
16. Shaker Heights (Shaker Heights, OH)
17. North Miami Beach (North Miami Beach, FL)
18. Belmont Gardens (Chicago, IL)
19. Lafayette Place (San Antonio, TX)
20. University Circle (Cleveland Heights, OH)
21. Cadillac Heights (Dallas, TX)
22. Speigle Heights (Lexington, KY)
23. Fort Worth (Fort Worth, TX)
24. Central City (Birmingham, AL)
25. Mount Adams (Cincinnati, OH)
We identified the neighborhoods using the following criteria:
Affordability: Zip codes were selected that had a median home sale price below the national median of $291,700*.
Home Selling Speed: Several months of falling inventory and strong demand mean the most desirable homes go off the market within days of being listed. Selected zip codes had a median days on market of at least 46**.
Highly Rated Schools: Neighborhoods with a GreatSchools rating of 5, which is considered average, or higher were chosen.
Transit: Neighborhoods with a Transit Score® of at least 50, indicating many nearby public transportation options, were included.
Low Crime Rates: Using crime data from BestPlaces, our ranking favored places with lower reported violent crime.
Methodology: The analysis rated zip codes across 80 markets according to median sale price and median days on market in November according to the Redfin Real-Time Housing Market Tracker, as well as Transit Score from Walk Score® and school ratings from GreatSchools. The final ranking was determined by ranking zip codes according to each criteria described above, along with crime rates from the “violent crime scale” on BestPlaces.net, and then taking the average of all those rankings to rank order the top 25 zip codes. Local Redfin agents assisted in identifying the neighborhood name that most closely matched each zip code.
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source: https://www.redfin.com/blog/2018/01/...inventory.html
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"Missing middle" housing can be a great middle ground for many middle class families.
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