--- title: This City Has Nation's Healthiest Housing Market description: A new report from WalletHub named Boston as the nation's healthiest housing market, followed by Oklahoma City and San Antonio. authors: - name: Ian Salisbury role: Senior Editor url: https://money.com/author/ian-salisbury-2/ bio: Ian Salisbury was a senior editor at Money, focusing on investing, banks and mortgage. at_money_since: 2013 articles: 91 covers: - Housing - Economy and Politics - Investing - Lifestyle - Loans - Mortgages - Personal Finance - Retirement - Shopping - Taxes former_staff: true published: '2015-07-29T18:48:50.000Z' modified: '2015-07-29T18:48:50.000Z' section: Housing tags: - Boston - home values - mortgage - pubdesk - real estate - WalletHub word_count: 257 canonical: https://money.com/boston-healthiest-housing-market/ type: Article source: structured-blocks --- > **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/). ![Beacon Hill neighborhood of Boston, Massachusetts](https://img.money.com/2015/07/150729_rea_boston.jpg?crop=0px%2C221px%2C2100px%2C1182px&quality=85) *Beacon Hill neighborhood of Boston, Massachusetts* The Red Sox may be in the cellar. But when it comes to its housing market, Boston is first in the nation. That's according to [a recent report](http://wallethub.com/edu/the-health-of-housing-market-in-25-big-cities/7664/) by financial Web site WalletHub, which ranked the relative health of real estate markets in the nation's 25 largest metro areas. Researchers determined a market's "health" based on factors like how much equity owners had in their homes and who paid the lowest interest rates. Oklahoma City ranked second; San Antonio was third. Four Florida cities ranked in the bottom 10 (Miami, Jacksonville, Orlando, Tampa), while Las Vegas was dead last. On average home owners in Boston have 43% equity in their homes, meaning their mortgages amounted to only slightly more than half their home's value. The rate was second in the nation, just behind New York City. Boston also had the second smallest pool of "underwater" mortgages -- the scenario in which the owner owes the bank more than the home is worth. About 6.7% of Boston mortgages were underwater, placing just behind Rochester, N.Y. In Las Vegas, by contrast, 39% of homes are underwater. Of course, one thing that a "healthy" housing market doesn't guarantee is that you can afford to live there. Boston's median home price is nearly $450,000, [according to Zillow](http://www.zillow.com/boston-ma/home-values/). That's up from $326,000 at the height of the housing crisis. The key to Boston's success: Attractive housing stock and a strong technology and life sciences industry that have helped draw investment and educated young people, according the hometown paper, [the *Globe*](https://www.bostonglobe.com/business/2015/03/01/boston-historic-building-boom-redefining-skyline/Mxay21sRwTfylN29GYLYjM/story.html). ```json { "@context": "https://schema.org", "@graph": [ { "@type": "BreadcrumbList", "@id": "https://money.com/boston-healthiest-housing-market/#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://money.com" }, { "@type": "ListItem", "position": 2, "name": "Housing", "item": "https://money.com/housing/" }, { "@type": "ListItem", "position": 3, "name": "Housing Market", "item": "https://money.com/housing-market/" }, { "@type": "ListItem", "position": 4, "name": "This City Has Nation's Healthiest Housing Market" } ] }, { "@type": "WebSite", "@id": "https://money.com/#website", "url": "https://money.com", "name": "Money", "publisher": { "@id": "https://money.com/#organization" } }, { "@type": "WebPage", "@id": "https://money.com/boston-healthiest-housing-market/#webpage", "url": "https://money.com/boston-healthiest-housing-market/", "name": "This City Has Nation's Healthiest Housing Market", "isPartOf": { "@id": "https://money.com/#website" }, "datePublished": "2015-07-29T18:48:50.000Z", "mainEntity": { "@id": "https://money.com/boston-healthiest-housing-market/" }, "inLanguage": "en-US", "breadcrumb": { "@id": "https://money.com/boston-healthiest-housing-market/#breadcrumb" }, "dateModified": "2015-07-29T18:48:50.000Z" }, { "@type": "Article", "headline": "This City Has Nation's Healthiest Housing Market", "articleSection": "Housing", "image": [ { "@type": "ImageObject", "url": "https://img.money.com/2015/07/150729_rea_boston.jpg?crop=0px%2C221px%2C2100px%2C1182px&quality=85", "width": 1012, "height": 569, "caption": "150729_REA_Boston" } ], "author": [ { "@type": "Person", "name": "Ian Salisbury", "url": "https://money.com/author/ian-salisbury-2/", "@id": "https://money.com/author/ian-salisbury-2/#author", "description": "Ian Salisbury was a senior editor at Money, focusing on investing, banks and mortgage.", "image": "https://img.money.com/2014/06/Ian-Salisbury.png?w=226&h=247&crop=1" } ], "publisher": "https://money.com/#organization", "datePublished": "2015-07-29T18:48:50.000Z", "description": "A new report from WalletHub named Boston as the nation's healthiest housing market, followed by Oklahoma City and San Antonio.", "abstract": "A new report from WalletHub named Boston as the nation's healthiest housing market, followed by Oklahoma City and San Antonio.", "@id": "https://money.com/boston-healthiest-housing-market/", "inLanguage": "en-US", "dateModified": "2015-07-29T18:48:50.000Z", "wordCount": 257, "keywords": [ "Boston", "home values", "mortgage", "pubdesk", "real estate", "WalletHub" ], "about": [ { "@type": "Thing", "name": "Housing in the United States", "sameAs": [ "https://en.wikipedia.org/wiki/Housing_in_the_United_States" ] }, { "@type": "Thing", "name": "Housing market", "sameAs": [ "https://en.wikipedia.org/wiki/Housing_market" ] } ] } ] } ```