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The salary you must earn to buy a home in 27 metros

HSH.com Logo By Tim Manni of HSH.com | Slide 2 of 28: new caption

Pittsburgh: $31,716.32

Mortgage rate: 3.98 percent

Quarterly change: -0.14 percent

Home price: $135,000

Quarterly change: -6.90 percent

YOY change: +4.98 percent

Monthly payment: $740.05

Salary: $31,716.32

Quarterly change: -$2,035.40

The Pittsburgh metro remains on top in terms of affordability for the third quarter in a row. The Steel City tied Washington, D.C. for the lowest mortgage rates on our list. Combine that with a steep decline in quarterly prices, and affordability conditions continue to improve to the tune of a required salary of just $31,716. (We thank RealSTATs for providing us with the Pittsburgh metro home-price data.)

© Patrick T. Fallon/Bloomberg
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